Retail Building with Four Oversized
1374 65th Street Brooklyn, NY 11219
New
1374 65th Street, Brooklyn, NY, 11219
$3,999,000
For Sale
$3,999,000
COMMERCIAL - Brooklyn, NY
Property Size5,781 SF
Lot Size0.07 Acres
Price / SF$691.75
Days on Market3
Property Features for 1374 65th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R5B
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 5,781 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 17697
Building Details
- Year built
- 2023
- Floors in Building
- 3
- Number of units
- 4
- Building materials
- Block
- Roof type
- Flat
Listing Agency
Robert Defalco Realty
(718) 987-7900
1678 Hylan Blvd., Staten Island, NY
Listed by
Tiffany Feng
(718) 987-7900
Added: Jul 14 Checked: Jul 16 at 10:06 pm
MLS# 503038
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1374 65th Street is a brand-new retail building featuring four oversized commercial units. Each unit includes high ceilings and large display windows, designed for strong retail presentation and prominent storefront exposure.
The property sits on a busy commercial corridor in Bensonhurst, with access to the D Train just minutes away. It is surrounded by established national and local businesses, supporting a continuously active retail environment.
Zoned R5B, the building presents a straightforward configuration for an owner seeking multiple retail units within a newly constructed commercial asset.
The property sits on a busy commercial corridor in Bensonhurst, with access to the D Train just minutes away. It is surrounded by established national and local businesses, supporting a continuously active retail environment.
Zoned R5B, the building presents a straightforward configuration for an owner seeking multiple retail units within a newly constructed commercial asset.
Key Highlights
- New commercial building built in 2023
- Block construction with a flat roof
- Four oversized commercial units
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 | $194.2k | $33.60 |
| − Vacancy | −$20.4k | −$3.53 |
| EGI | $173.8k | $30.07 |
| − OpEx | −$52.2k | −$9.02 |
| NOI | $121.7k | $21.05 |
5,781 SF · lease $33.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,692 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M
NOI $262,337 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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- A&B Food Corp — 7402 17th Ave, Brooklyn, NY 11204
FAQs
What type of property is this?
Storefront property - Brand-new retail building offering four oversized units with high ceilings and large display windows along a busy commercial corridor.
Where is this storefront property located?
The property is located at 1374 65th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: New commercial building built in 2023; Block construction with a flat roof; Four oversized commercial units
