Fully Leased Mixed-Use Income
For Sale
Contact for pricing
Pending
1013 Rutland Rd, Brooklyn, NY 11212
Double mixed-use building with separated heating and hot water, plus a ground-floor laundromat and four residential apartments.
Property Size8,460 SF
Lot Size0.09 Acres
Days on Market133
Property Features for 1013 Rutland Rd
General Information
Standard status
Pending
Size
8,460 SF
Lot size
0.09 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
6.55%
Multifamily Units
4
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
REMAX EDGE
(917) 921-7180
Listed By:
XiaoMei He · License #NY 10401313430
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 20 at 10:24PM
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 REMAX EDGE
Investment Insights
Based on property information with market context.
This well-maintained double mixed-use income building is offered as part of a package sale with 1015 Rutland Rd. The property is fully leased and includes a first-floor laundromat tenant and a second-floor residential component with four apartments.
The ground floor is rented to a single tenant laundromat with 3,260 square feet of space. The second floor contains four residential apartments totaling 2,600 square feet, along with 2,600 square feet of basement space. The building’s heating and hot water have been separated for all units, with each tenant responsible for their own heating and hot water expenses.
Located in a busy East Flatbush area, the current gross income is approximately $155,000, and the offering is described at a 6.55% cap rate based on current income. Please call for the rent roll and expense information.
The ground floor is rented to a single tenant laundromat with 3,260 square feet of space. The second floor contains four residential apartments totaling 2,600 square feet, along with 2,600 square feet of basement space. The building’s heating and hot water have been separated for all units, with each tenant responsible for their own heating and hot water expenses.
Located in a busy East Flatbush area, the current gross income is approximately $155,000, and the offering is described at a 6.55% cap rate based on current income. Please call for the rent roll and expense information.
Key Highlights
- Double mixed‑use package deal at 1015 Rutland Rd, fully leased.
- Lot size 40' x 100' with two buildings totaling 5,860 SF above grade plus 2,600 SF basement.
- Ground‑floor laundromat tenant occupies 3,260 SF.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Double mixed-use building with separated heating and hot water, plus a ground-floor laundromat and four residential apartments.
Where is this quadplex located?
The property is located at 1013 Rutland Rd Brooklyn, NY.
What are key features of this property?
This property features: Double mixed‑use package deal at 1015 Rutland Rd, fully leased.; Lot size 40' x 100' with two buildings totaling 5,860 SF above grade plus 2,600 SF basement.; Ground‑floor laundromat tenant occupies 3,260 SF.
