Technical
Financial
Distress signals
Property profile

983 Atlantic Ave Brooklyn, NY 11238

OFF-MARKET
Retail space
Property ID
US63-1199873
20,248 SF 0.56 ac lot Built 1968
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 20,248 SF
Lot 0.56 ac (24,478 SF)
Zoning code R7A
APN 02019-0063
UPID US63-1199873

Cap rate & NOI

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

Location

983 Atlantic Ave Brooklyn, NY 11238
Brooklyn metro Census 22700 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
$9.51M

Owner & transaction history

since 2023
2 recorded transactions
2025
Price N/A
2023
Price N/A

Zoning & alternative use

R7A · 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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