137 Wyckoff Ave, Brooklyn, NY 11237
Mixed-use investment property with retail and residential units in Brooklyn.
- Added:
- Mar 20, 2026
- Days on Market:
- 109
- Last Refresh:
- Mar 21 at 8:41 pm
Property Features for 137 Wyckoff Ave
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1931
Listing office Douglas Elliman Commercial Division
Listing date Mar 20, 2026
Source Crexi
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 Douglas Elliman Commercial Division
HighLights
- Long‑term Dunkin' lease provides stable and reliable income.
- Value‑add opportunity through future rent growth in free‑market units.
- Located in the heart of Bushwick, one of Brooklyn's fastest‑growing neighborhoods.
- Mixed‑use property with both residential and commercial income streams.
- Seven residential units (3 rent‑stabilized, 4 free‑market).
- Below‑market rents offer immediate upside potential.
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 | $583.2k | $77.76 |
| − Vacancy | −$69.4k | −$9.25 |
| EGI | $513.8k | $68.51 |
| − OpEx | −$154.1k | −$20.55 |
| NOI | $359.7k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.918553
- Latitude
- 40.704176