Attached Brick Mixed-Use
New
For Sale
$2,490,000
765 52nd St, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size3,421 SF
Lot Size0.05 Acres
Price / SF$727.86
Days on Market2
Property Features for 765 52nd St
General Information
Property type
Residential Multi Family
Property subtype
Other
High school district
000000
Standard status
Active
APN
19-000.000-0802-052.000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
20136
Building Details
Year built
1915
Listing Agency:
Statewide Properties LLC
(347) 560-4024
Listed By:
Vitaly Isaacs · License #10401300688
Added: Aug 14
Last Checked: Aug 15 at 9:06PM
MLS# 11935665
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.
Investment Insights
Based on property information with market context.
This attached brick mixed-use property combines five residential apartments with a street-level medical office. The residences include two- or three-bedroom layouts, each with a full bathroom. A finished basement adds a separate office area, expanding the building’s existing functional space. The property contains 3421 square feet of interior area on a 2003 sf lot and was built in 1915.
The building is near 8th Avenue in Sunset Park, Brooklyn, with access to restaurants, schools, several bus lines, and the N and F subway trains. Maimonides and NYU Langone Brooklyn medical centers are also identified in the surrounding area.
The building is near 8th Avenue in Sunset Park, Brooklyn, with access to restaurants, schools, several bus lines, and the N and F subway trains. Maimonides and NYU Langone Brooklyn medical centers are also identified in the surrounding area.
Key Highlights
- Five‑family attached brick building with storefront medical office
- Residential apartments feature two- or three‑bedroom layouts with full bathrooms
- Finished basement includes an office area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$102,158
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,043,160
$2.0M
Cap Rate 7%
$1,459,400
$1.5M
Cap Rate 9%
$1,135,089
$1.1M
Market Conditions
NOI Build-Up for 3,421 SF
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.
Gross rent
$172.4K $50.40/SF
− Vacancy
−$36.2K −$10.58/SF
EGI
$136.2K $39.82/SF
− OpEx
−$34.1K −$9.95/SF
NOI
$102.2K $29.86/SF
Area
ZIP 11220
Vacancy
21.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,043,160
Cap Rate 7%
$1,459,400
Cap Rate 9%
$1,135,089
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.70M
NOI $102,158 @ 7.0% cap · market cap 4.10%
Second Best
Mixed Use
$1.35M
$1.18M – $1.57M
NOI $94,420 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,242 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
5
Residential units
Location Intelligence
Trade Area within ½ mile
7,625
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five residential units accompany a storefront medical office and finished basement office.
Where is this mixed-use property located?
The property is located at 765 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Five‑family attached brick building with storefront medical office; Residential apartments feature two- or three‑bedroom layouts with full bathrooms; Finished basement includes an office area
