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Property profile & analytics
OFF-MARKET
Estimated value
$7,200,000
Manufacturing properties
892 Fulton St Brooklyn, NY 11238
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-1898997
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1930
Total area
26,540 SF
Lot
0.58 ac (25,135 SF)
Zoning code
R7A
APN
02012-0010
UPID
US63-1898997
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.20M
Owner & transaction history
529 Waverly LLC · 15 yrs held
529 Waverly LLC
since 2010
7 recorded transactions
Zoning & alternative use
R7A · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,870,000
6.5%
$7,265,000
7%
$6,745,000
Blend value · Realmo final
$7.20M
Range $6.48M – $7.92M · ±10%
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
$271 / 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
$134,079
Tax year 2024
Assessed value
$1,462,500
Assessed 2024
Previous assessed
$1,380,150
+6.0% YoY
Effective rate
9.17%
On assessed value
Assessed land
$282,600
Assessed improvement
$1,179,900
Land market value
$628,000
Improvement market value
$2,622,000
Total market value
$3,250,000
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
26,540 SF
Lot
0.58 ac (25,135 SF)
Zoning code
R7A
APN
02012-0010
UPID
US63-1898997
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · Brooklyn, NY
Zoning R7A · permitted uses
R7A · 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
1930
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
529 Waverly LLC
Entity
Mailing address
892 FULTON ST, BROOKLYN, NY 11238
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2019
—
529 Waverly LLC
—
Deed
related
$343,166 · Bermark 529 Waverly LLC
Dec 23, 2010
—
529 Waverly LLC
Catalyst Realty LLC
Deed
$380,059 · Td Bank, N.a.
Jul 4, 2004
—
Catalyst Realty LLC
529 Waverly LLC
Grant Deed
related
$600,000 · Brooklyn Fsb
—
—
529 Waverly LLC
—
Loan Modification
related
$1,650,000 · Bermark 529 Waverly LLC
—
—
529 Waverly LLC
—
Deed Of Trust
related
$343,166 · Bermark 529 Waverly LLC
—
—
Catalyst Realty LLC
—
Deed Of Trust
related
$495,000 · Brooklyn Fsb
—
—
529 Waverly LLC
—
Deed Of Trust
related
$1,800,000 · Td Bank NA
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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