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    3902 Fort Hamilton Pkwy Brooklyn, NY 11218

    For Sale
    $2,090,000

    Mixed-use building with retail and residential units in prime location.

    Lot size:
    0.05 Acres

    Property Features for 3902 Fort Hamilton Pkwy

    General Information

    Lot size
    0.05 Acres

    Source: RE/MAX Edge Agent Dazhi (Simon) Su

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

    Overview

    Borough Park Mixed-Use Corner Building

    This corner mixed-use building is located in Borough Park and features two stores and a two-family configuration. The first floor provides 2,100 square feet of retail space, with dimensions of 21 feet by 100 feet. The second and third floors each contain a three-bedroom apartment, each apartment offering 1,050 square feet of living space with dimensions of 21 feet by 50 feet. A full basement provides an additional 4,200 square feet of interior space. The property is currently occupied by month-to-month tenants. The annual property tax is $7,246. The projected annual gross income is $156,000, representing a cap rate of over 6.5%. Current rent roll is available upon request. The property is close to all neighborhood amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    99¢ up Dollar Store Fort Hamilton Live ... Poultry Farm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.991141
    Latitude
    40.643049

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in prime location.
    Where is this mixed-use property located?
    The property is located at 3902 Fort Hamilton Pkwy Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,090,000.
    What are key features of this property?
    This property features: - Projected annual gross income $156,000 or over 6.5% cap rate.; - Prime Borough Park location.; - Corner mixed-use building with 2 stores and 2 apartments.
    (718) 612-3088
    Request Owner's contact information
    3902 Fort Hamilton Pkwy Brooklyn, NY 11218
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    Brooklyn, NY 11218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3902 Fort Hamilton Pkwy Brooklyn, NY 11218
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