1116 RemsenBrooklyn, NY 11236

  • Mixed-use properties
  • 2,576 SF
Off market
$55,757 Estimated

Property Details for 1116 Remsen

Year built
1950
Lot size
0.08 AC
Property size (Sq ft)
2,576 SF
Zone code
R4-1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
07994-0066
APU
79940066

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $425,890
    6.5%
    $393,129
    7%
    $365,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $336,580
    Geo Method
    $336,580
  • Alternative Use

    Use
    Valuation
    Residential
    $487,480
    Hospitality
    $446,529
    Educational
    $371,507
    Medical
    $384,284
    Retail
    $577,900
1116 Remsen, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6418
Longitude
-73.9082
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $27,600
  • Assessed land value
    $18,480
  • Assessed value
    $46,080
  • Tax year
    2024
  • Tax bill
    $8,312

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