Back to Search
Dyker Garden Community Space ForSale

1238 63rd St C103 Brooklyn, NY 11219

Claim this Listing
For Sale
$6,800,000

13,615 sq ft mixed-use space in Dyker Heights, Brooklyn.

Type:Commercial
Property size:
13,615 SF
Price / SF:
$499/SF
Added:
May 12, 2026
Days on Market:
62
Last Refresh:
Jul 2 at 6:36 pm

Property Features for 1238 63rd St C103

General Information

Standard status
Active
Size
13,615 SF
Property subtype
Commercial

Listing office Fang Fang Realty Inc

Listing date May 12, 2026

Source Elliman

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 Fang Fang Realty Inc


Investment Insights

Based on property information with market context.

This 13,615 sq ft unit is located in Dyker Garden, a mixed-use complex in the heart of Dyker Heights with 146 residential units. The property is suitable for senior centers, home care companies, medical offices, training facilities, non-profit organizations, and children’s playgrounds. The location offers 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 situated within an excellent public school district, with PS176, IS187, and PS227 nearby. The location has a walk score of 96, indicating it is a Walker's Paradise, a transit score of 84, indicating excellent transit, and a bike score of 56, indicating it is bikeable.

Key Highlights

  • Large 13,615 sq ft unit suitable for various uses.
  • Located in the heart of Dyker Heights within a mixed‑use complex.
  • Excellent transit score (84) with easy access to N/D subway and B9/B64 bus lines.

Local 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 $637.2k $46.80
− Vacancy −$140.2k −$10.30
EGI $497.0k $36.50
− OpEx −$124.3k −$9.13
NOI $372.8k $27.38
13,615 SF · lease $46.80/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$5.33M
$4.66M – $6.21M (±1% cap)
NOI $372,751 @ 7.0% cap · market cap 5.48%
Second Best
Mixed Use
$4.54M
$3.98M – $5.30M (±1% cap)
NOI $318,080 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$8.83M
$7.72M – $10.30M (±1% cap)
NOI $617,838 @ 7.0% cap · market cap 9.09%
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

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Bar & Pub Hotel & Motel (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Bed & Breakfast

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

FAQs

What type of property is this?
Mixed-use property - 13,615 sq ft mixed-use space in Dyker Heights, Brooklyn.
Where is this mixed-use property located?
The property is located at 1238 63rd St C103 Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Large 13,615 sq ft unit suitable for various uses.; Located in the heart of Dyker Heights within a mixed‑use complex.; Excellent transit score (84) with easy access to N/D subway and B9/B64 bus lines.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message