774 53rdBrooklyn, NY 11220

  • Office properties
  • 11,530 SF
Off market
$1,235,471 Estimated

Property Details for 774 53rd

Year built
2017
Lot size
0.05 AC
Property size (Sq ft)
11,530 SF
Zone code
R6
Property type
Office properties
Property subtype
Office buildings
APN
00818-0038
APU
8180038

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,906,253
    6.5%
    $1,759,618
    7%
    $1,633,932
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,506,510
    Geo Method
    $1,506,510
  • Alternative Use

    Use
    Valuation
    Residential
    $2,181,927
    Hospitality
    $1,998,633
    Educational
    $1,662,840
    Medical
    $1,720,027
    Retail
    $2,586,639
774 53rd, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6395
Longitude
-74.006
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $949,050
  • Assessed land value
    $72,000
  • Assessed value
    $1,021,050
  • Tax year
    2024
  • Tax bill
    $77,521

FAQs

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