Property profile

862 Remsen Ave Brooklyn, NY 11236

OFF-MARKET
Super regional malls
Property ID
US63-1199621
14,012 SF 0.33 ac lot Built 2010
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2010
Total area 14,012 SF
Lot 0.33 ac (14,571 SF)
Zoning code M1-1
APN 07920-0004
UPID US63-1199621

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

862 Remsen Ave Brooklyn, NY 11236-1623
Brooklyn metro Census 96000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$645k
Blend (final) Blend
$725k

Owner & transaction history

since 2019
7 recorded transactions
2025
Price N/A
2023
Price N/A
2019
$130.0M
2013
Price N/A
2012
$124.0M
2012
Price N/A
2011
Price N/A

Zoning & alternative use

M1-1 · Brooklyn, NY
Top alternative use upside
Warehouse, storage $920,000 +110.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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