Property profile

987 Grand St Brooklyn, NY 11211

OFF-MARKET
Drive through restaurants
Property ID
US63-3107809
5,495 SF 0.14 ac lot Built 1930
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1930
Total area 5,495 SF
Lot 0.14 ac (6,010 SF)
Zoning code M1-1
APN 02924-0023
UPID US63-3107809

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
  • Factory Production Facility
  • Restaurant

Location

987 Grand St Brooklyn, NY 11211-2704
Brooklyn metro Census 48100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$678k
Blend (final) Blend
$555k

Owner & transaction history

since 2015
2 recorded transactions
2019
Price N/A
2015
$2.0M

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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