Property Attributes
- MLS#493110
- TypeMixed Use
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodSheepshead Bay
- Zip11229
- StyleMixed Use
- Taxes$ 122895
- Price$ 4,050,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13600
- Lot Size0.091827 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Prime Mixed-Use Investment Property – 12 Residential Units + 6 Stores – Excellent Location. A rare opportunity to own a high-performing mixed-use property in a prime, transit-rich location. Situated on a 4,000 sq ft lot, this solid brick structure offers approximately 13,600 sq ft of rentable space, perfectly balancing residential and commercial income streams. The property features 12 fully occupied residential units and 5 ground-level retail stores, providing diversified, reliable cash flow. With a current capitalization rate of 6.8%, this investment offers strong, stable returns in a highly desirable market. Conveniently located just minutes away from the train station and with easy access to multiple bus lines, the building enjoys consistent foot traffic and high tenant demand—both residential and commercial. Don’t miss this exceptional opportunity to acquire a high return asset with significant upside in a growing area. Schedule your viewing today to explore the potential this property has to offer.
| Price History | |
|---|---|
| 6/1/2025 | Listed $4,500,000 |
| 7/2/2025 | 5$4,300,000 |
| 9/2/2025 | 3$4,200,000 |
| 10/2/2025 | 3$4,100,000 |
| 11/8/2025 | 1$4,090,000 |
| 3/16/2026 | 1$4,088,000 |
| 5/28/2026 | 1$4,080,000 |
| 7/16/2026 | 1$4,070,000 |
| 9/9/2026 | 1$4,050,000 |
General Features
| Net Operating Income | 307183.27 |
|---|---|
| Roof | Flat |
| Electric | 110 V |
| Stories Count | 4 |
| Property Type | Mixed Use |
| Block | 7347 |
| Cap Rate | 0.08 |
| Lot Number | 1 |
| Yearly Taxes | 122895.00 |
| Transaction Type | Sale |
| Insurance Expense | 19549.27 |
| Utility Expense | 1134.00 |
| Gross Expense | 169686.73 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Semi-Detached |
| Gross Income | 478860 |
| Status | Active |
| Fuel Expense | 9737.46 |
| Construction Materials | Brick |
| Cumulative Days on Market | 479 |
| MLS Area | Sheepshead Bay |
| Sub Type | Mixed Use |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 5 |
| DOM | 479 |
| Sale Type | Arm's Length |
| # Families | 12 |
| Public Remarks | Prime Mixed-Use Investment Property – 12 Residential Units + 6 Stores – Excellent Location. A rare opportunity to own a high-performing mixed-use property in a prime,transit-rich location. Situated |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood |
| Hot Water | Hot Water Coil in Boiler |
| Sq Ft Total | 13600 |
| Lavatories | Other |
| Basement Amenities | Cellar |
| Commercial Features Exterior | Other |
| Commercial Features Interior | Other |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Other |
| Foundation | Other |
| Lot Sq Ft | 4000 |
| Loading Docks | None |
| Building Length | 90.00 |
| Building Width | 40.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 40 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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