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Property profile & analytics
OFF-MARKET
Estimated value
$11,500,000
Office buildings
800 Broadway 808 Brooklyn, NY 11206-5316
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-3326768
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1920
Total area
30,137 SF
Lot
0.13 ac (5,736 SF)
Zoning code
C44L
APN
01578-0019
UPID
US63-3326768
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
-
La Nacional - A00056 Bank Credit Union
-
Cinnabon Bakery Specialty Food Shop
-
Auntie Anne's Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.50M
CAP Approach
CAP
$12.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.50M
Owner & transaction history
Cfs 800 LLC · 2 yrs held
Cfs 800 LLC
since 2024
Last sale
$11.5M
6 recorded transactions
Zoning & alternative use
C44L · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$17.1M
+3.1%
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
Method
Estimation
Statistic approach
$11,500,000
ML approach
$11,500,000
CAP Approach
CAP Return
Estimation
6%
$13,365,000
6.5%
$12,340,000
7%
$11,455,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,590,000
Current use
INDUSTRIAL (GENERAL)
$17,105,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$11.50M
Range $10.35M – $12.65M · ±10% · vs last sale $11.50M (Feb 8 2024)
Last sale anchor
$11.50M
Feb 8 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$382 / 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
$270,589
Tax year 2024
Assessed value
$2,761,650
Assessed 2024
Previous assessed
$2,981,250
-7.4% YoY
Effective rate
9.80%
On assessed value
Assessed land
$113,400
Assessed improvement
$2,648,250
Land market value
$252,000
Improvement market value
$5,885,000
Total market value
$6,137,000
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
1920
Heating
NONE
Buildings
1
Stories
5
Units
5
Total area
30,137 SF
Lot
0.13 ac (5,736 SF)
Zoning code
C44L
APN
01578-0019
UPID
US63-3326768
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C44L · Brooklyn, NY
Zoning C44L · permitted uses
C44L · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.6M
INDUSTRIAL (GENERAL)
Est. value
$17.1M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
5
Buildings
1
Units
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
Cfs 800 LLC
Entity
Mailing address
2588 ATLANTIC AVE, BROOKLYN, NY 11207-2413
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
—
Cfs 800 LLC
—
Deed
related
$4,788,000 · Empire State Certified Development Corpo
Feb 8, 2024
$11,500,000
Cfs 800 LLC
Broadway 800, LLC
Deed
$4,684,000 · Nybdc Local Development Corporation
Jul 3, 2018
—
Broadway 800 LLC
—
Deed
related
$5,550,000 · First Central Savings Bank
Jun 29, 2016
—
Broadway 800 LLC
—
Deed
related
$3,450,000 · Signature Bank
Mar 21, 2016
$5,200,000
Broadway 800 LLC
Sam-e-nik Corp
Grant Deed
—
—
—
Broadway 800 LLC
—
Loan Modification
related
$3,450,000 · First Ctrl Svgs Bk
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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