Entity Owned Property summary
AI-generated overview
This mixed-use property in Sunset Park, Brooklyn consists of a legal five-family building with a street-level storefront and a basement. The building was completely rebuilt in 2009–2010 and is situated on a 20 x 100 ft lot (approximately 2,000 sq ft). The residential component includes five apartments totaling approximately 1162 sq ft per unit area, each with high ceilings; the first-floor apartment has four bedrooms, two full bathrooms, and two balconies. The storefront space is approximately 1,940 sq ft and includes a finished basement with high ceilings, a bathroom, a separate entrance, and a dedicated boiler system; it was described as newly renovated. The storefront and residential areas are contained within a property zoned R6 S2, and the site is positioned near the 8th/9th Avenue shopping corridor with access to transit and nearby dining.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2013
Total area
7,399 SF
Lot
0.05 ac (2,003 SF)
Zoning code
R6
APN
05707-0033
UPID
US63-5598032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician Medical Clinic
-
Church Mosque
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$470k
Owner & transaction history
since 2012
2 recorded transactions
Zoning & alternative use
R6 · Brooklyn, NY
Top alternative use upside
Warehouse, storage
$3.7M
+5.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$470k
Value range
$423k – $517k
±10% around blend
Estimated value / SF
$64 / SF
Confidence
High
11 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$423k
blend $470k
$517k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,399 SF
Lot area
0.05 ac
Year built
2013
Stories
4
APN
05707-0033
Zoning
R6
Assessed value
$629,550
Annual tax
$26,261
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.41M
@ 6.5% CAP return
$3.14M
@ 7% CAP return
$2.92M
4
Sales comparison
Partial preview
Sales approach indication
$3.68M
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.2 mi away · 8,098 SF
0.6 mi away · 7,920 SF
0.9 mi away · 5,580 SF
1.5 mi away · 5,400 SF
1.6 mi away · 5,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$470k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 122 sales
$477
-87%
Submarket 3044 sales
$491
-87%
County 3044 sales
$491
-87%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $64/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+5%
vs current-use indication
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$630k
Move the market yield to see immediate price impact.
Value / SF
$85
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$40k
$793k
$567k
$441k
$44k
$881k
$630k
$490k
$48k
$970k
$693k
$539k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$2.38M
0.2 mi · Dec 2025 · $346/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$26,261
Tax year 2024
Assessed value
$629,550
Assessed 2024
Previous assessed
$667,350
-5.7% YoY
Effective rate
4.17%
On assessed value
Assessed land
$54,000
Assessed improvement
$575,550
Land market value
$120,000
Improvement market value
$1,279,000
Total market value
$1,399,000
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
1
Stories
4
Units
6
Total area
7,399 SF
Lot
0.05 ac (2,003 SF)
Zoning code
R6
APN
05707-0033
UPID
US63-5598032
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Brooklyn, NYZoning R6 · permitted uses
R6 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Stories
4
Buildings
1
Units
6
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R6
Jurisdiction
Brooklyn, NY
Recorded code
R6
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Debt & historyRecorded loans and transaction history
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