Dyker Garden Community Space
1238 63rd Street CF107 Brooklyn, NY 11219
For Sale
$1,999,000
New 4,512 SF mixed-use space in Dyker Heights, Brooklyn.
Property Size4,512 SF
Lot Size1.12 Acres
Price / SF$443.04
Days on Market568
Property Features for 1238 63rd Street CF107
General Information
- Standard status
- Active
- Size
- 4,512 SF
- Lot size
- 1.12 Acres
- Property subtype
- Commercial/Industrial
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Ray Long Wu
(929) 364-1301
Source:
Exitrealty
Added: Jan 3, 2025
Changed: Jul 10
Last Checked: Jul 25 at 5:39AM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This 4,512 square foot unit, located in Dyker Garden, is available for sale. Featuring two entrances, the space is suitable for various uses, including senior centers, home care companies, medical offices, training facilities, non-profit organizations, and children’s playgrounds. The mixed-use complex, situated in the heart of Dyker Heights, consists of a building with 146 residential units. The location provides convenient access to supermarkets, restaurants, and shopping. Public transportation is readily accessible via the N/D subway lines and the B9/B64 bus lines. The property is located within an excellent public school district, with access to PS176, IS187, and PS227.
Key Highlights
- Large 4,512 sq ft community space suitable for various uses
- Located in the heart of Dyker Heights within a mixed‑use complex with 146 residential units
- Two entrances offer flexible access and layout options
Financial Insights For Office B
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 | $211.2k | $46.80 |
| − Vacancy | −$46.5k | −$10.30 |
| EGI | $164.7k | $36.50 |
| − OpEx | −$41.2k | −$9.13 |
| NOI | $123.5k | $27.38 |
4,512 SF · lease $46.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.06M
NOI $123,530 @ 7.0% cap · market cap 6.18%
Second Best
Mixed Use
$1.51M
$1.32M – $1.76M
NOI $105,412 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M
NOI $204,751 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chimney Sweep Service ...
General Contractor
Dyker Gardens Condominium
Condominium Complex
Brookyln
Department Store
FAQs
What type of property is this?
Mixed-use property - New 4,512 SF mixed-use space in Dyker Heights, Brooklyn.
Where is this mixed-use property located?
The property is located at 1238 63rd Street CF107 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Large 4,512 sq ft community space suitable for various uses; Located in the heart of Dyker Heights within a mixed‑use complex with 146 residential units; Two entrances offer flexible access and layout options
