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Property profile & analytics
OFF-MARKET
Estimated value
$68,000,000
Investment properties
91 6th St Brooklyn, NY 11249
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3933397
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2017
Total area
4,140 SF
Lot
0.06 ac (2,500 SF)
Zoning code
M12R6A
APN
02326-0037
UPID
US63-3933397
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
-
Real New York Psychic Spiritual Center
-
Aldama Restaurant
-
Hermès Department Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$68.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$68.00M
Owner & transaction history
Esrt 81-91 North 6th Street, L.l.c. · 1 yrs held
Esrt 81-91 North 6th Street, L.l.c.
since 2024
Last sale
$68.0M
4 recorded transactions
Zoning & alternative use
M12R6A · 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
$68,000,000
ML approach
$68,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$68.00M
Range $61.20M – $74.80M · ±10% · vs last sale $68.00M (Oct 3 2024)
Last sale anchor
$68.00M
Oct 3 2024
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
$16,425 / 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
$43,965
Tax year 2024
Assessed value
$467,100
Assessed 2024
Previous assessed
$467,100
+0.0% YoY
Effective rate
9.41%
On assessed value
Assessed land
$67,500
Assessed improvement
$399,600
Land market value
$150,000
Improvement market value
$888,000
Total market value
$1,038,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2017
Heating
NONE
Stories
2
Units
1
Total area
4,140 SF
Lot
0.06 ac (2,500 SF)
Zoning code
M12R6A
APN
02326-0037
UPID
US63-3933397
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M12R6A · Brooklyn, NY
Zoning M12R6A · permitted uses
M12R6A · 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
2017
Heating
NONE
Stories
2
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Esrt 81-91 North 6th Street, L.l.c.
Entity
Free & Clear · 1 yrs held
Mailing address
111 W 33RD ST, NEW YORK, NY 10001-2904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
$68,000,000
Esrt 81-91 North 6th Street, L.l.c.
L3 Williamsburg Portfolio LLC
Deed
—
Mar 28, 2024
—
L3 Williamsburg Portfolio LLC
L3 91 N 6 LLC
Deed
$3,000,000 · Wintrust Bank, National Association
Jan 9, 2020
$11,107,300
L3 91 N6 LLC
Williamsburg Portfolio II LLC
Grant Deed
$90,500,000 · Ladder Cap Fin
Mar 26, 2015
$3,500,000
Williamsburg Portfolio II LLC
Degree Properties INC
Grant Deed
—
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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