Property profile

885 51st St Brooklyn, NY 11203

OFF-MARKET
Manufacturing properties
Property ID
US63-6100374
9,973 SF 0.23 ac lot Built 1950
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Total area 9,973 SF
Lot 0.23 ac (9,973 SF)
Zoning code M1-1
APN 07947-0028
UPID US63-6100374

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
  • General Contractor Construction Company

Location

885 51st St Brooklyn, NY 11203-6735
Brooklyn metro Census 93200 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
$2.73M
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k

Owner & transaction history

since 2006
3 recorded transactions
2006
Price N/A
2004
$600,000
1969
Price N/A

Zoning & alternative use

M1-1 · Brooklyn, NY

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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