Mixed-Use Building with Retail
For Sale
$1,100,000
1325 FLATBUSH AVE, Brooklyn, NY 11226
Three-story layout combines ground-floor commercial space with two residential apartments.
Property Size3,075 SF
Price / SF$357.72
Days on Market328
Property Features for 1325 FLATBUSH AVE
General Information
Standard status
Active
Size
3,075 SF
Property subtype
Mixed Use
Property Condition
Severity
Repairs Needed
Evidence
Definitely need some renovations to be done.
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,843
Amenities
3
Building Details
Year Built
1933
Buildings
1
Stories
3
Listing Agency:
Century 21 Milestone Team Rlty
Listed By:
Aslam Ali
(718) 291-7000
Source:
Xome
Added: Oct 11, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:33PM
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 Century 21 Milestone Team Rlty
Investment Insights
Based on property information with market context.
This 3,075-square-foot mixed-use building, constructed in 1933, includes an open retail area at street level with access to a sizable rear yard. The property also has a fully unfinished basement and two upper-floor apartments, each configured with three bedrooms.
The roof is reported to be in good condition, while the building requires renovations. Its combination of commercial space and residential units provides a varied existing layout for an owner-user or investor evaluating the property.
The roof is reported to be in good condition, while the building requires renovations. Its combination of commercial space and residential units provides a varied existing layout for an owner-user or investor evaluating the property.
Key Highlights
- 3,075‑square‑foot mixed‑use building constructed in 1933
- Open ground‑floor retail storefront
- Two 3‑bedroom apartments on the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,088
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,760
$1.4M
Cap Rate 7%
$1,029,829
$1.0M
Cap Rate 9%
$800,978
$801.0K
Market Conditions
NOI Build-Up for 3,075 SF
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.
Gross rent
$136.5K $44.40/SF
− Vacancy
−$5.5K −$1.78/SF
EGI
$131.1K $42.62/SF
− OpEx
−$59.0K −$19.18/SF
NOI
$72.1K $23.44/SF
Area
ZIP 11226
Vacancy
4.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,760
Cap Rate 7%
$1,029,829
Cap Rate 9%
$800,978
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$901.1K – $1.20M
NOI $72,088 @ 7.0% cap · market cap 6.55%
Second Best
Mixed Use
$975.2K
$853.3K – $1.14M
NOI $68,265 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,390 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
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?
Mixed-use property - Three-story layout combines ground-floor commercial space with two residential apartments.
Where is this mixed-use property located?
The property is located at 1325 FLATBUSH AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,075‑square‑foot mixed‑use building constructed in 1933; Open ground‑floor retail storefront; Two 3‑bedroom apartments on the second and third floors
