Mixed-Use Property with
1104 Rogers Ave, Brooklyn, NY 11226
For Sale
New
$2,400,000
Pending
The building pairs three retail storefronts with two-bedroom apartments and basement storage.
Property Size3,820 SF
Days on Market3
Property Features for 1104 Rogers Ave
General Information
Standard status
Size
Property subtype
Site & Location
Public Transit
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Listed By:
Kalyani Dhokarikar
(646) 944-9867
Source:
Elliman
Added: Nov 8
Last Checked: Nov 10 at 8:32AM
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 Kalyani Dhokarikar
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Investment Insights
Based on property information with market context.
Built in 1933, this mixed-use property contains 3,116 square feet, three storefronts and two two-bedroom, one-bath apartments on the first floor. Basement space provides additional storage, and the property has 1,161 square feet of additional buildable area.
The property is near Clarendon Road, local shops, grocery stores, restaurants and everyday services; a gas station and car wash are also nearby. The 2 and 5 subway lines are accessible at Beverly Road. The property has a Walk Score of 91, a Transit Score of 96 and a Bike Score of 66.
The property is near Clarendon Road, local shops, grocery stores, restaurants and everyday services; a gas station and car wash are also nearby. The 2 and 5 subway lines are accessible at Beverly Road. The property has a Walk Score of 91, a Transit Score of 96 and a Bike Score of 66.
Key Highlights
- 3,116‑square‑foot mixed‑use property with 1,161 square feet of additional buildable area
- Three storefronts and two two‑bedroom, one‑bath apartments on the first floor
- Basement storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,175
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,500
$1.4M
Cap Rate 7%
$988,214
$988.2K
Cap Rate 9%
$768,611
$768.6K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$119.7K $38.40/SF
− Vacancy
−$9.0K −$2.88/SF
EGI
$110.7K $35.52/SF
− OpEx
−$41.5K −$13.32/SF
NOI
$69.2K $22.20/SF
Area
ZIP 11226
Vacancy
7.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,500
Cap Rate 7%
$988,214
Cap Rate 9%
$768,611
Alternative Uses
Best Use
Mixed Use
$988.2K
$864.7K – $1.15M
NOI $69,175 @ 7.0% cap · market cap 2.88%
Second Best
Retail
$958.0K
$838.2K – $1.12M
NOI $67,059 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,809 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,285
Businesses Nearby
194k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Groceries 36%
Shops & Services 13%
Dining 7%
Food Bazaar Supermarket
Groceries
58,994 visits/mo
0.5 miles
Old Navy
Apparel
34,998 visits/mo
0.5 miles
Burlington
Apparel
21,398 visits/mo
0.5 miles
Key Food Supermarkets
Groceries
11,054 visits/mo
0.3 miles
PLS Financial Services
Shops & Services
9,884 visits/mo
0.1 miles
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building pairs three retail storefronts with two-bedroom apartments and basement storage.
Where is this mixed-use property located?
The property is located at 1104 Rogers Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 3,116‑square‑foot mixed‑use property with 1,161 square feet of additional buildable area; Three storefronts and two two‑bedroom, one‑bath apartments on the first floor; Basement storage space
