42 Jackson Street, Brooklyn, NY 11211
Commercial Building, Low-rise - Brooklyn, NY
- Added:
- Feb 6, 2026
- Days on Market:
- 141
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 42 Jackson Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage
- Standard status
- Active
- Size
- 4,000 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Rachel Pouyafar (516) 641-7127
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Feb 6, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey 1031 replacement property with immediate in‑place income
- Four fully leased 1‑bedroom free‑market apartments
- Ground‑floor commercial space with finished retail basement; approx. 1,000 SF on the first floor
- Commercial unit is currently built out for a salon or personal services use
- Each residential unit has its own split air conditioning and heating system
- Includes garage parking
Overview
Located in North Brooklyn, the property is positioned near Williamsburg and Greenpoint, with quick access to neighborhood amenities, dining, and public transportation.
Designed to generate immediate in-place income, the asset offers a diversified income stream across residential and commercial tenants. With minimal near-term capital needs noted by the seller, it is a practical fit for investors and 1031 exchange buyers looking for a stabilized, turnkey acquisition with both apartment and retail exposure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $311.0k | $77.76 |
| − Vacancy | −$37.0k | −$9.25 |
| EGI | $274.0k | $68.51 |
| − OpEx | −$82.2k | −$20.55 |
| NOI | $191.8k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.950114
- Latitude
- 40.715989
