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Mixed-Use Property with Backyard
For Sale
$750,000

1147 East 92nd Street, Brooklyn, NY 11236

Vacant commercial and residential space with separate backyard access and a finished basement for added utility.

Property Size1,880 SF
Price / SF$398.94
Days on Market215

Property Features for 1147 East 92nd Street

General Information

Standard status Active
Size 1,880 SF
Property subtype Mixed Use
Net Operating Income $64,198

Additional Details

Floor Ground Floor

Taxes and HOA fees

Annual Taxes $5,944

Amenities

private backyard
full basement
kitchenette
private bathroom
220 V
Carpeting
2
11-15 Foot
Finished, Full
Poured Concrete
Brick
Kitchen, Restrooms - Staff, Security Alarm, Window Display

Building Details

Year Built 1920
Buildings 1
Listing Agency: Revived Residential
Listed By: Jean Paul Archange · License #JPA3273
Source: Compass
Added: Mar 20 Changed: Oct 18 Last Checked: Oct 19 at 8:14AM

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 Revived Residential

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Investment Insights

Based on property information with market context.

Built in 1920, this 1,880 SF mixed-use property combines a ground-floor commercial area with an upper-level residential unit. The commercial portion includes an open office arrangement, kitchenette, private bathroom, and a rear office with access to the backyard. The upper level contains three bedrooms, a living area, full kitchen, and substantial closet space, along with its own backyard access.

A full finished basement adds workspace and storage, with a boiler and water heater identified as updated mechanical components. Additional features include 220 V service, carpeting, poured concrete, brick construction, a security alarm, and window display elements. The property is delivered vacant and is located at 1147 East 92nd Street in Brooklyn, NY 11236.

Key Highlights

  • 1,880 SF mixed‑use property built in 1920
  • Ground‑floor commercial space with open office layout, kitchenette, and private bathroom
  • Upper‑level residential unit with 3 bedrooms, living area, and full kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,244
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,364,880 $1.4M
Cap Rate 7%
$974,914 $974.9K
Cap Rate 9%
$758,267 $758.3K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$124.1K $66.00/SF
− Vacancy
−$14.9K −$7.92/SF
EGI
$109.2K $58.08/SF
− OpEx
−$40.9K −$21.78/SF
NOI
$68.2K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,364,880
Cap Rate 7%
$974,914
Cap Rate 9%
$758,267

Alternative Uses

Best Use
Retail
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,155 @ 7.0% cap · market cap 12.02%
Second Best
Mixed Use
$974.9K
$853.1K – $1.14M (±1% cap)
NOI $68,244 @ 7.0% cap · market cap 9.10%
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $108,965 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Blue Waters Capital ... Financial Advisor T J Mill ... Real Estate Agency Eglise La Voie ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant commercial and residential space with separate backyard access and a finished basement for added utility.
Where is this mixed-use property located?
The property is located at 1147 East 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,880 SF mixed‑use property built in 1920; Ground‑floor commercial space with open office layout, kitchenette, and private bathroom; Upper‑level residential unit with 3 bedrooms, living area, and full kitchen
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