Brick Mixed-Use Building with
27 Church Avenue Brooklyn, NY 11218
27 Church Avenue, Brooklyn, NY, 11218
$995,000
For Sale
$995,000
Solid brick mixed-use building featuring a two-bedroom apartment above a retail space.
Property Size1,300 SF
Price / SF$765.38
Days on Market1444
Property Features for 27 Church Avenue
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1899
Listing agency
RE/MAX Real Estate Professiona
(718) 532-2000
Listed by
Vito Angelo · License #vitlo524
(718) 532-2000
Source
Compass
Added: Aug 9, 2022 Updated: Jul 21 at 5:54AM Checked: Jul 22 at 11:35AM
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 RE/MAX Real Estate Professiona
Investment Insights
Based on property information with market context.
This solid brick mixed-use building offers residential and retail space in a single structure. The property includes a two-bedroom apartment located above a retail space, creating a straightforward work/live configuration. Full possession is possible, which may appeal to both investors and end-users seeking to take over the property directly.
The building is offered for sale at 27 Church Avenue in Brooklyn, NY 11218. The seller highlights the location as convenient within Church Avenue.
For prospective buyers, the key layout is the combination of an upstairs two-bedroom unit with ground-level retail space within the same brick building.
The building is offered for sale at 27 Church Avenue in Brooklyn, NY 11218. The seller highlights the location as convenient within Church Avenue.
For prospective buyers, the key layout is the combination of an upstairs two-bedroom unit with ground-level retail space within the same brick building.
Key Highlights
- Solid brick mixed‑use building with a 2‑bedroom apartment above a retail space
- Full possession possible for work/live situation
- Year built: 1899; brick construction with exterior brick
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 | $101.1k | $77.76 |
| − Vacancy | −$12.0k | −$9.25 |
| EGI | $89.1k | $68.51 |
| − OpEx | −$26.7k | −$20.55 |
| NOI | $62.3k | $47.95 |
1,300 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$890.6K
$779.3K – $1.04M
NOI $62,341 @ 7.0% cap · market cap 6.27%
Second Best
Mixed Use
$674.1K
$589.9K – $786.5K
NOI $47,190 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. subhash c ...
Pediatrician
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FAQs
What type of property is this?
Mixed-use property - Solid brick mixed-use building featuring a two-bedroom apartment above a retail space.
Where is this mixed-use property located?
The property is located at 27 Church Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Solid brick mixed‑use building with a 2‑bedroom apartment above a retail space; Full possession possible for work/live situation; Year built: 1899; brick construction with exterior brick
