71 Montrose Avenue, Brooklyn, NY 11206
COMMERCIAL - Brooklyn, NY
- Added:
- Jul 4, 2023
- Days on Market:
- 1071
- Last Refresh:
- Jun 8 at 7:06 am
Property Features for 71 Montrose Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R6
- Parking
- 2
- Standard status
- Active
- APN
- 03050-0030
- Size
- 8,200 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 31051
Building Details
- Year built
- 1920
- Floors in Building
- 4
Listing agent Marek Sobolewski License #10311207231 (718) 710-8170
Listing office Trademarko Realty Inc 6832 Forest Ave, Ridgewood, NY (718) 502-5141
Listing date Jul 4, 2023
Copyright © 2026 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.
HighLights
- Favorable zoning for residential (Roof Garden) and commercial use
- Double‑wide truck parking/loading dock, suitable as showroom/event space
- Unique rooftop garden (approx. 1000 sq ft) with penthouse office
- Grandfathered industrial usage offers flexible conversion options
- Spacious 8,200 sq ft interior with 12- to 14‑foot ceilings and freight elevator
- Excellent location near L, M, J, and G subway lines
Overview
Local Financial Insights For Mixed Use
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 | $541.2k | $66.00 |
| − Vacancy | −$64.9k | −$7.92 |
| EGI | $476.3k | $58.08 |
| − OpEx | −$178.6k | −$21.78 |
| NOI | $297.7k | $36.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.947184
- Latitude
- 40.707189