157 North 5th Street, Brooklyn, NY 11211
Mixed-use property featuring residential units and commercial space.
- Added:
- Mar 11, 2026
- Days on Market:
- 92
- Last Refresh:
- Apr 6 at 3:05 am
Property Features for 157 North 5th Street
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1899
Listing agent Thomas J. Gagliano II License #10401355085
Listing office eRealty Advisors, Inc (914) 712-6330
Listing date Mar 11, 2026
Source Exitrealty
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 eRealty Advisors, Inc
HighLights
- Three family building plus a store (massage spa business).
- All leases expire in July 2025.
- Third floor: 3 bedrooms, 2 full bathrooms.
- Second floor: 3 bedrooms, 2 full bathrooms.
- First floor: 2 bedrooms, 1 full bathroom.
- Tenants pay for their own gas and electric in the apartments.
Overview
Local Financial Insights For Retail
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 | $311.0k | $77.76 |
| − Vacancy | −$37.0k | −$9.25 |
| EGI | $274.0k | $68.51 |
| − OpEx | −$82.2k | −$20.55 |
| NOI | $191.8k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9583
- Latitude
- 40.7166
