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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
Vandalia Ave, Brooklyn, NY 11239
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-4842528
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2013
Total area
600 SF
Lot
147.45 ac (6,422,922 SF)
Zoning code
PARK
APN
04452-0170
UPID
US63-4842528
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lynnette Means · 15 yrs held
Lynnette Means
since 2011
7 recorded transactions
Zoning & alternative use
PARK · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$63,210,450
Assessed 2024
Previous assessed
$61,369,200
+3.0% YoY
Assessed land
$50,039,850
Assessed improvement
$13,170,600
Land market value
$111,199,666
Improvement market value
$29,268,000
Total market value
$140,467,666
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
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Units
1
Total area
600 SF
Lot
147.45 ac (6,422,922 SF)
Zoning code
PARK
APN
04452-0170
UPID
US63-4842528
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
PARK · Brooklyn, NY
Zoning PARK · permitted uses
PARK · 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
2013
Heating
NONE
Stories
1
Units
1
Lot
147.45 ac
Current owner
From public records · entity-resolved
Lynnette Means
Individual
Mailing address
159 W 53RD ST APT 32GH, NEW YORK, NY 10019-6068
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2013
—
Gateway Center Props Phase II
—
Deed Of Trust
related
$61,981,505 · Bank Of America
Jun 15, 2011
$277,424
Lynnette Means
Nehemiah Hsng Dev Fund Co INC
Grant Deed
$190,785 · M & T Bank
Jan 6, 2011
—
Camba Gateway Hsng Dev Fund Co
By Dept Of Hpd
Grant Deed
related
$30,959,337 · Housing Development Corp
Jul 1, 2006
$117
Housing Development F Nehemiah
City Of New York
Grant Deed
$30,154,215 · Community Preservation Corp
—
—
City Of New York
—
Deed Of Trust
—
—
—
Elton Owner I LLC
—
Loan Modification
related
$11,820,000 · New York City (ny)
—
—
Gateway Center Props Phase II
—
Deed Of Trust
related
$5,000,000 · Dept Housing Preservation Dev
—
—
City Of New York
—
Deed Of Trust
related
—
—
—
City Of New York
—
Deed Of Trust
related
—
—
—
City Of New York
—
Deed Of Trust
related
—
—
—
Gateway Ctr Props Phase II LLC
—
Loan Modification
related
—
—
—
Elton Owner I LLC|camba Gateway Hsng Dev Fund Co
—
Deed Of Trust
related
$1,548,000 · Miscellaneous Govt Agcy
—
—
German Am Cap Corp
—
Loan Modification, Consolidation And Extension
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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