838 41st St CF1, Brooklyn, NY 11232
Newly built commercial condos suitable for various businesses.
- Added:
- Apr 24, 2026
- Days on Market:
- 58
- Last Refresh:
- Apr 24 at 3:19 pm
Property Features for 838 41st St CF1
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Commercial
Listing agent XueFang (Sue) Li (718) 676-2518
Listing office Fang Fang Realty Inc (718) 676-2518
Listing date Apr 24, 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
HighLights
- Prime location in Sunset Park suitable for various commercial uses.
- Newly built commercial condos being sold as a package (First Floor and Cellar).
- Spacious: 2100 SqFt First Floor and 1800 SqFt Cellar.
- High walk score (94): Walker's Paradise, close to restaurants, supermarkets, and pharmacies.
- Convenient transportation: minutes from D train station and B70 bus stop.
- Excellent transit score (78).
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 | $163.3k | $77.76 |
| − Vacancy | −$19.4k | −$9.25 |
| EGI | $143.9k | $68.51 |
| − OpEx | −$43.2k | −$20.55 |
| NOI | $100.7k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.997635
- Latitude
- 40.645367