1171 38thBrooklyn, NY 11218

  • Mixed-use properties
  • 4,000 SF
Off market
$118,120 Estimated

Property Details for 1171 38th

Year built
1931
Lot size
0.04 AC
Property size (Sq ft)
4,000 SF
Zone code
R6
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
05291-0001
APU
52910001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $661,320
    6.5%
    $610,449
    7%
    $566,845
  • Comparable approach

    Method
    Valuation
    Relative Method
    $522,640
    Geo Method
    $522,640
  • Alternative Use

    Use
    Valuation
    Residential
    $756,956
    Hospitality
    $693,368
    Educational
    $576,874
    Medical
    $596,714
    Retail
    $897,360
1171 38th, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6428
Longitude
-73.9879
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $85,380
  • Assessed land value
    $12,240
  • Assessed value
    $97,620
  • Tax year
    2024
  • Tax bill
    $6,843

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