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Property profile & analytics
OFF-MARKET
Estimated value
$18,515,000
Retail residential properties
8700 25th Ave 125 Brooklyn, NY 11214-5438
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-0163480
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1963
Total area
130,870 SF
Lot
0.89 ac (38,668 SF)
Zoning code
R5
APN
06878-0048
UPID
US63-0163480
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
-
Chelsea Apartments Apartment Building
-
Geo Medical Care PC Pediatrician Medical Clinic
-
New England Risk Management Private Investigations Law Firm Security Service
-
Vector Art Graphic Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Alimegreendream Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.57M
Blend (final)
Blend
$18.52M
Owner & transaction history
Chelsea Park Assets LLC · 5 yrs held
Chelsea Park Assets LLC
since 2020
Last sale
$20.8M
6 recorded transactions
Zoning & alternative use
R5 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$11,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.52M
Range $16.66M – $20.37M · ±10% · vs last sale $20.75M (Jul 28 2020)
Last sale anchor
$20.75M
Jul 28 2020
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
$141 / 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
$493,459
Tax year 2024
Assessed value
$4,132,350
Assessed 2024
Previous assessed
$4,338,000
-4.7% YoY
Effective rate
11.94%
On assessed value
Assessed land
$696,150
Assessed improvement
$3,436,200
Land market value
$1,547,000
Improvement market value
$7,636,000
Total market value
$9,183,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
1
Stories
7
Units
125
Total area
130,870 SF
Lot
0.89 ac (38,668 SF)
Zoning code
R5
APN
06878-0048
UPID
US63-0163480
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Brooklyn, NY
Zoning R5 · permitted uses
R5 · 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
1963
Heating
NONE
Stories
7
Buildings
1
Units
125
Lot
0.89 ac
Current owner
From public records · entity-resolved
Chelsea Park Assets LLC
Entity
Mailing address
98 CUTTERMILL RD STE 444S, GREAT NECK, NY 11021-3000
Ownership since
2020
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
Jul 28, 2020
$20,750,000
Chelsea Park Assets LLC
Chelsea Apartments Del LLC
Deed
$1,646,091 · New York Community Bank
Jul 28, 2020
—
Chelsea Park Assets LLC
—
Deed
related
$13,960,000 · New York Cmnty Bk
Jul 25, 2013
—
Chelsea Apartments Del LLC
Chelsea Apartments LLC
Quit Claim Deed
$2,708,000 · Beech Street Capital LLC
Jun 18, 2004
$11,500,000
Chelsea Hall LLC
Chelsea Hall LLC
Grant Deed
related
$10,111,000 · Independence Community Bank
—
—
Chelsea Park Assets LLC
—
Loan Modification
related
$13,960,000 · New York Cmnty Bk
—
—
Chelsea Apartments Del LLC
—
Loan Modification
related
$13,348,000 · Beech Street Capital LLC
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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