1604 MermaidBrooklyn, NY 11224
- Mixed-use properties
- 13,253 SF
Off market
$556,200 Estimated
Property Details for 1604 Mermaid
- Year built
- 1930
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 13,253 SF
- Zone code
- R7A
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 07062-0011
- APU
- 70620011
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,716,985
- 6.5%
- $2,507,986
- 7%
- $2,328,844
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,684,037
- Geo Method
- $2,684,037
-
Alternative Use
- Use
- Valuation
- Residential
- $2,507,986
- Hospitality
- $2,297,302
- Educational
- $1,911,328
- Medical
- $1,977,062
- Retail
- $2,973,177
1604 Mermaid, Brooklyn, New York
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.5765
- Longitude
- -73.9838
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$60,478
$31,500
$524,700
$556,200
-
$70,000
$1,166,000
$1,236,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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