83 DUMONT AVE Brooklyn, NY 11212
MULTI_FAMILY - Brooklyn, NY
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
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Investment Insights
Based on property information with market context.
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 |