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    Property profile & analytics

    704 Dekalb Ave Brooklyn, NY 11216-1004

    • Investment properties
    • 2,280 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-4008143
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Labyrinth Lab Grown Diamonds New York / Jewelry Designer
    • Toc Toc Spanish for Kids / Language School
    • Tam Tam -- Offering Music Together Classes / Music School
    • Real True Group / Real Estate Agency
    • The Brooklyn Wellness Club / Yoga Studio / Community Center

    Property Details for 704 Dekalb Ave

    Year built
    1899
    Lot size
    0.03 lot acres
    Property size
    2,280 SF
    Zone code
    R7A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01780-0011
    APU
    17800011

    Description

    This exceptional Class A office space, located at 704 Dekalb Ave, Brooklyn, NY 11216, offers two available suites within the Brooklyn Wellness Club. Ideal for wellness professionals such as massage therapists, physical therapists, or estheticians, these suites range from 90 to 145 square feet. Each private office includes individual heating and cooling systems, ensuring a comfortable environment for clients. Shared amenities provide convenience and foster a collaborative atmosphere. These include a dedicated waiting area, a bathroom and hallway sink on the same floor, a large refrigerator, and high-speed Wi-Fi access. The property is situated in the Tompkins Avenue and Nostrand Avenue submarket cluster, offering excellent accessibility. Flexible rental options are available, catering to both full-time and part-time needs. This is a unique opportunity to establish a practice within a supportive and thriving community of like-minded professionals. The property features a total lot size of 145 square feet and is designated as a special purpose office with multiple tenancies. The APN is 1780-11.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.948
    Latitude
    40.6916
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,820
    $7,560
    $72,000
    $79,560
    -
    $126,000
    $1,200,000
    $1,326,000

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      527 Nostrand Ave

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    Brooklyn, NY 11216-1004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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