Property profile

897 4th Ave Brooklyn, NY 11232

OFF-MARKET
Investment properties
Property ID
US63-2565185
5,450 SF 0.06 ac lot Built 1932
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1932
Total area 5,450 SF
Lot 0.06 ac (2,587 SF)
Zoning code R7A
APN 00685-0002
UPID US63-2565185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

897 4th Ave Brooklyn, NY 11232-2151
Brooklyn metro Census 8400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

R7A · Brooklyn, NY
Top alternative use upside
Office building $3.0M +39.9%
Warehouse, storage $2.6M +21.6%

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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