Mixed-Use Net-Lease
22 Graham Avenue Brooklyn, NY 11206
New
22 Graham Avenue, Brooklyn, NY, 11206
$2,300,000
For Sale
$2,300,000
Fully renovated net-leased building with street-level retail frontage and upgraded residential units throughout.
Property Size4,550 SF
Price / SF$505.49
Days on Market3
Property Features for 22 Graham Avenue
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Property subtype
- Single-Tenant Office
Building Details
- Year Built
- 1971
Listing Agency
New York City Office
(718) 475-4369
Listed by
Shaun Riney · License #License(s): NY: 10491208207, NY: 10301215754
(718) 475-4369
Source
Marcusmillichap
Added: Jul 15 Checked: Jul 15 at 1:47 am
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 New York City Office
Investment Insights
Based on property information with market context.
22 Graham Avenue is a fully renovated, single-tenant net lease (STNL) building combining street-level retail with residential income. The property is described as turnkey, with comprehensive upgrades completed and designed to support stable, low-maintenance operations. The residential units feature modern layouts, updated kitchens and bathrooms, and strong natural light. At the street level, the retail component is positioned for prominent frontage and sustained pedestrian activity along Graham Avenue.
The building is presented as benefiting from visibility and consistent demand supported by a dense surrounding residential base. It is also described as being close to multiple subway lines and major thoroughfares, providing convenient access for patrons and residents alike.
The building is presented as benefiting from visibility and consistent demand supported by a dense surrounding residential base. It is also described as being close to multiple subway lines and major thoroughfares, providing convenient access for patrons and residents alike.
Key Highlights
- Fully renovated single‑tenant net lease (STNL) building at 22 Graham Avenue, built in 1971.
- Street‑level retail space with prominent frontage and ongoing pedestrian activity along Graham Avenue.
- Upgraded residential units with modern layouts plus updated kitchens and bathrooms and strong natural light.
Local Financial Insights For Apartment 5plus
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 | $257.7k | $56.64 |
| − Vacancy | −$5.2k | −$1.13 |
| EGI | $252.6k | $55.51 |
| − OpEx | −$113.7k | −$24.98 |
| NOI | $138.9k | $30.53 |
4,550 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Retail
$3.12M
$2.73M – $3.64M
NOI $218,193 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$1.98M
$1.74M – $2.32M
NOI $138,907 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$3.77M
$3.30M – $4.40M
NOI $263,718 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KidCo Pediatric Dentists
Dental Office
Amazon Hub Locker ...
Postal Service
Diamond Braces Orthodontist: ...
Dental Office
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FAQs
What type of property is this?
Storefront property - Fully renovated net-leased building with street-level retail frontage and upgraded residential units throughout.
Where is this storefront property located?
The property is located at 22 Graham Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully renovated single‑tenant net lease (STNL) building at 22 Graham Avenue, built in 1971.; Street‑level retail space with prominent frontage and ongoing pedestrian activity along Graham Avenue.; Upgraded residential units with modern layouts plus updated kitchens and bathrooms and strong natural light.
