Mixed-Use Property with
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 Market284
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
(929) 379-3750
Source:
Compass
Added: Nov 24, 2025
Changed: Sep 3
Last Checked: Sep 2 at 11:34PM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,244
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $90,155 @ 7.0% cap · market cap 12.02%
Second Best
Mixed Use
$974.9K
$853.1K – $1.14M
NOI $68,244 @ 7.0% cap · market cap 9.10%
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $108,965 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,494
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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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
