Property profile

8704 3rd Ave Brooklyn, NY 11209

OFF-MARKET
Investment properties
Property ID
US63-0857545
5,800 SF 0.05 ac lot Built 1926
Entity Owned 27-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1926
Total area 5,800 SF
Lot 0.05 ac (2,000 SF)
Zoning code R6B
APN 06048-0032
UPID US63-0857545

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
  • Real Estate Agency
  • Travel Agency

Location

8704 3rd Ave Brooklyn, NY 11209-5178
Brooklyn metro Census 6000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 1999
2 recorded transactions
1999
$325,000
1969
Price N/A

Zoning & alternative use

R6B · Brooklyn, NY
Top alternative use upside
Industrial (general) $3.3M +18.1%
Office building $3.2M +14.6%
Warehouse, storage $2.9M +4.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8704 3rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message