71 Montrose Ave Brooklyn, NY 11206
Four-story, 8,200 SF building with flexible industrial/residential zoning.
- Added:
- Mar 11, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 2 at 6:51 pm
Property Features for 71 Montrose Ave
General Information
- Standard status
- Active
- Size
- 8,200 SF
- Lot size
- 0.06 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1920
Listing office Trademarko Realty Inc. (718) 710-8170
Listing date Mar 11, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Favorable zoning: live and work in the same building
- Double‑wide truck parking/loading dock - suitable for vehicles or use as a showroom/gallery/event space
- Private 1000 sq ft rooftop garden connected to a penthouse office space, plus a smaller front rooftop garden
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $541.2k | $66.00 |
| − Vacancy | −$64.9k | −$7.92 |
| EGI | $476.3k | $58.08 |
| − OpEx | −$178.6k | −$21.78 |
| NOI | $297.7k | $36.30 |