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Corner Mixed-Use Brick Property

83 DUMONT AVE Brooklyn, NY 11212

83 DUMONT AVE, Brooklyn, NY, 11212
$850,000
For Sale
Claim this Listing
$850,000

MULTI_FAMILY - Brooklyn, NY

Property Size860 SF
Lot Size0.06 Acres
Price / SF$988.37
AddedMar 20
Days on Market119
Last RefreshJul 16 at 5:06 am

Property Features for 83 DUMONT AVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1929
Floors in Building
3

Listing agent Michael Johnson

Listing office JOHNSON MICHAEL 137-30 161 ST, BROOKLYN, NY

Listing date Mar 20, 2026

MLS# 11676549 Listing URL

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 corner brick mixed-use property includes an approximately 860 square foot commercial space and two residential units described as three-bedroom apartments. The offering is positioned as a multi-income configuration with multiple streams in one building.

Located at 83 Dumont Ave in Brooklyn, NY 11212, the property is described as within walking distance of three train lines and local buses.

The building’s layout supports both commercial and residential use within the same structure, with the commercial portion and the residential apartment units listed as the primary components of the property.

Key Highlights

  • 1929‑built corner brick mixed‑use property with commercial and residential components
  • Commercial space totals 860 SF
  • Two separate three‑bedroom residential apartments

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 $66.9k $77.76
− Vacancy −$8.0k −$9.25
EGI $58.9k $68.51
− OpEx −$17.7k −$20.55
NOI $41.2k $47.95
860 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$589.2K
$515.5K – $687.4K (±1% cap)
NOI $41,241 @ 7.0% cap · market cap 4.85%
Second Best
Multifamily LT 5
$430.3K
$376.5K – $502.0K (±1% cap)
NOI $30,119 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$712.1K
$623.1K – $830.8K (±1% cap)
NOI $49,846 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

St. Martin S.B ... Church

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Acupuncture Bar & Pub Cafe & Coffee Shop HVAC Service

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

FAQs

What type of property is this?
Duplex - Corner brick mixed-use building with 860 SF commercial space and multiple residential apartments.
Where is this duplex located?
The property is located at 83 DUMONT AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1929‑built corner brick mixed‑use property with commercial and residential components; Commercial space totals 860 SF; Two separate three‑bedroom residential apartments
Contact an agent
More about this property
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