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Property profile & analytics
OFF-MARKET
Estimated value
$7,605,000
Office buildings
779 New York Ave 795 Brooklyn, NY 11203-1390
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-0222804
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1925
Total area
30,690 SF
Lot
0.37 ac (16,200 SF)
Zoning code
R6
APN
01429-0001
UPID
US63-0222804
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gabby Saadia Pediatrician Medical Clinic
-
Zlata's design (Bike/Boat/Book/etc) Store
-
Crown Medical, PC Medical Clinic
-
ODA Crown Heights Community Health Centre
-
Isseroff Hillel MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.61M
Owner & transaction history
Montgomery Vista LLC · 14 yrs held
Montgomery Vista LLC
since 2012
7 recorded transactions
Zoning & alternative use
R6 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooklyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$248 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$164,170
Tax year 2024
Assessed value
$1,796,400
Assessed 2024
Previous assessed
$1,709,100
+5.1% YoY
Effective rate
9.14%
On assessed value
Assessed land
$109,350
Assessed improvement
$1,687,050
Land market value
$243,000
Improvement market value
$3,749,000
Total market value
$3,992,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1925
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
30,690 SF
Lot
0.37 ac (16,200 SF)
Zoning code
R6
APN
01429-0001
UPID
US63-0222804
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Brooklyn, NY
Zoning R6 · permitted uses
R6 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Montgomery Vista LLC
Entity
Mailing address
383 KINGSTON AVE #50, BROOKLYN, NY 11213-4333
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2012
$1,890,000
Montgomery Vista LLC
Sevren 779 Associates LLC
Grant Deed
$1,500,000 · Shimon Avadi
Dec 21, 2006
—
Sevren 779 Associates LLC
Sevren River INC
Quit Claim Deed
related
—
Apr 19, 2005
$2,000,000
Sevren River INC
779 East New York Avenue Assoc
Grant Deed
$1,210,000 · Mark Weiss
Jan 20, 2005
—
779 East New York Avenue Assoc
779 Realty Corp
Quit Claim Deed
related
—
Feb 19, 2004
$1,400,000
779 Realty Corp
779 East New York Avenue Assoc
Grant Deed
related
$275,000 · Hotline Mgt Ltd
Mar 28, 2001
—
779 East New York Associates
Midville Land & Improvement
Grant Deed
$650,000 · Independence Community Bank
—
—
Montgomery Vista LLC
—
Loan Modification, Consolidation And Extension
related
$3,125,000 · Fieldpoint Pvt Bk & Tr
—
—
Montgomery Vista LLC
—
Deed Of Trust
related
$150,000 · Noah Bank
—
—
Montgomery Vista LLC
—
Deed Of Trust
related
$1,650,000 · Noah Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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