Historic Mixed-Use Brooklyn Gem

101 Saratoga Avenue, Brooklyn, NY 11233

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For Sale

$2,495,000

Mixed-use property with residential units, commercial space, and garages.

Type:Mixed

Property size:

4,400 SF

Price / SF:

$567/SF

HighLights

High ROI: Offers nearly a 9% return on investment.
Mixed‑Use Property: Combines three residential units and a prime commercial space.
Three Garages: Includes three highly‑coveted garages for parking or rental income.
Prime Corner Location: Situated on a corner lot with high visibility and foot traffic.
Spacious Residential Units: Each unit features sun‑drenched interiors, hardwood floors, and updated kitchens and baths.
Large Private Terrace: Unit 1 includes a 900 SF private terrace.

We can help!

Listing Contact

Toni Martin

For Sale

$2,495,000

Mixed-use property with residential units, commercial space, and garages.

Type:Mixed

Property size:

4,400 SF

Price / SF:

$567/SF

Added:: Aug 5, 2025
Days on Market:: 312
Last Refresh:: Apr 5 at 11:17 pm

Property Features for 101 Saratoga Avenue

General Information

Standard status: Active
Size: 4,400 SF
Property subtype: Mixed

We can help!

Listing Contact

Toni Martin

Listing agent Toni Martin License #10301207190

Listing office Bedford Stuyvesant

Listing date Aug 5, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Bedford Stuyvesant

HighLights

High ROI: Offers nearly a 9% return on investment.
Mixed‑Use Property: Combines three residential units and a prime commercial space.
Three Garages: Includes three highly‑coveted garages for parking or rental income.
Prime Corner Location: Situated on a corner lot with high visibility and foot traffic.
Spacious Residential Units: Each unit features sun‑drenched interiors, hardwood floors, and updated kitchens and baths.
Large Private Terrace: Unit 1 includes a 900 SF private terrace.

Overview

This 4,400 SF mixed-use property features three residential units, a prime commercial space, and three garages. The three residential units each offer sun-drenched interiors with east, west, and south exposures, hardwood floors, bay windows, and elegant kitchens and baths. Unit 1 is 1,100 SF with 2-Bed, 1-Bath, plus a 900 SF private terrace. Unit 2 is 1,100 SF with 2-Bed, 1-Bath with airy, open charm. Unit 3 is 1,100 SF with a 1-Bed, 1-Bath and a wood-burning fireplace. The commercial space is a floor-through, 1,100 SF storefront with 11-foot ceilings, a bathroom, and basement storage. Situated on a prime corner lot, this space commands high visibility and steady foot traffic, making it a perfect canvas for a restaurant, retail, or office space. There are also three garages that offer secure private parking or additional rental income. The property is located at the intersection of Bedford-Stuyvesant and Bushwick, offering access to restaurants, cafes, and boutique shops, along with easy access to major transit options.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$342.1k	$77.76
− Vacancy	−$40.7k	−$9.25
EGI	$301.4k	$68.51
− OpEx	−$90.4k	−$20.55
NOI	$211.0k	$47.95

4,400 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$3.01M

$2.64M – $3.52M (±1% cap)

NOI $211,000 @ 7.0% cap · market cap 8.46%

Second Best

Mixed Use

$2.28M

$2.00M – $2.66M (±1% cap)

NOI $159,720 @ 7.0% cap · market cap 6.40%

Theoretical Best

Specialty Retail

$3.64M

$3.19M – $4.25M (±1% cap)

NOI $255,024 @ 7.0% cap · market cap 10.22%

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

Property Profile Location Intelligence

Current Use by Public Records

House of Hope Ministries ... Church

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.9171
Latitude: 40.6831

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For sale
Mixed-use properties
NY
Brooklyn
11233
101 Saratoga Avenue

What type of property is this?

Mixed-use property - Mixed-use property with residential units, commercial space, and garages.

Where is this mixed-use property located?

The property is located at 101 Saratoga Avenue Brooklyn, NY.

What is the asking price?

The asking price for this property is $2,495,000.

What are key features of this property?

This property features: High ROI: Offers nearly a 9% return on investment.; Mixed‑Use Property: Combines three residential units and a prime commercial space.; Three Garages: Includes three highly‑coveted garages for parking or rental income.