Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    427 New Lots Ave Brooklyn, NY 11207

    Pending
    For Sale
    $930,000

    Duplex - Brooklyn, NY

    Type:Duplex
    Property size:
    1,700 SF
    Days on Market:
    104
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 427 New Lots Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement
    APN
    03841-0037
    Interior features
    High Ceilings, Pantry, Wired For Sound
    Basement Y/N
    1
    Size
    1,700 SF

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Natural Gas
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Auri Realty Management, LLC (917) 693-3024 [email protected]

    Listing agent Reynaldo D. Aguilar E-PRO (917) 693-3024 License #49AG1144963

    Listing date Sep 2, 2025

    MLS# 859329 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Property For Sale

    This mixed-use property features a 1,700 square foot store or office space on the first floor, currently rented for $4,300 until the end of June 2025. The second floor contains a renovated unit with 3 bedrooms and 2 full bathrooms, rented for $3,464 with a lease extending to February 2027. The building dimensions are 21.17 feet in frontage and 63 feet in length. The property is located in Brooklyn, NY. The Net Operating Income (NOI) is $78,120. The property features many windows.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Childs Home Daycare Day Care Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.891097
    Latitude
    40.662995

    Nearby Similar for Sale

    • $2,950,000
      12,000 SF

      Brooklyn Multifamily Portfolio: 16 Units

      Two contiguous buildings with 16 units in Columbia Waterfront District.
      96 Baltic St, Brooklyn, NY 11201
      View Details
    • $2,099,000
      Pending

      Victorian Home in Ditmas Park

      Charming Victorian home, legal 3-family, close to transportation and shopping.
      793 Westminster Rd, Brooklyn, NY 11230
      View Details
    • $4,999,000
      3,060 SF

      Renovated Brownstone in Park Slope

      Impeccably renovated three-family brownstone in prime Park Slope location.
      645 Carroll St, Brooklyn, NY 11215
      View Details
    • $7,250,000
      11,250 SF

      Renovated Commercial Building in Brooklyn

      Versatile commercial space in Bedford-Stuyvesant, ideal for owner-users.
      405 Gates Ave, Brooklyn, NY 11216
      View Details
    • $1,899,000
      2,032 SF

      Brooklyn Multi-Unit Home with Garages

      Large corner property with income potential in Bath Beach.
      8686 Bay 16Th St, Brooklyn, NY 11214
      View Details
    • New
      $1,650,000
      2,048 SF

      Renovated Two-Family Home, Brooklyn

      Newly renovated 2-family in Dyker Heights with rental potential.
      200 Bay 7Th St, Brooklyn, NY 11228
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring retail space and renovated residential unit.
    Where is this mixed-use property located?
    The property is located at 427 New Lots Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $930,000.
    What are key features of this property?
    This property features: - High NOI of $78,120 indicates strong income potential; - Large 1,700 sq ft store/office space on the 1st floor offers significant commercial rental opportunity; - Renovated 3-bedroom, 2-bath apartment on the 2nd floor provides immediate residential rental income
    (917) 693-3024
    Request Owner's contact information
    427 New Lots Ave Brooklyn, NY 11207
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    427 New Lots Ave
    Brooklyn, NY 11207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    427 New Lots Ave Brooklyn, NY 11207
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.