141 Tompkins Avenue, Brooklyn, NY 11206
Three-story brick mixed-use property with legal residential units and an on-site commercial space.
- Added:
- Jun 3, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 6 at 4:45 am
Property Features for 141 Tompkins Avenue
General Information
- Standard status
- Active
- Size
- 2,451 SF
- Property subtype
- Multifamily, Retail, Mixed Use
Building Details
- Year Built
- 1931
Listing agent Daniel Barcelowsky License #NY
Listing office Evergreen Realty and Investments
Listing date Jun 3, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Evergreen Realty and Investments
HighLights
- Three‑story brick mixed‑use building built in 1931 with legal use of two residential units and one commercial space
- Currently configured as six residential units plus front and rear apartments, with potential conversion to a legal four‑unit building with ground‑floor retail
- R6A / C2‑4 zoning with 1.41 FAR currently utilized and approximately 2,767 SF of additional buildable area
- Potential redevelopment up to nine residential units using available air rights (subject to architect review and approvals), with possible mix of seven free‑market and two inclusionary housing units
- Located in prime Bed‑Stuy near the Myrtle Avenue retail corridor with convenient access to the J, M & Z trains
Overview
Zoning is listed as R6A and C2-4, with a 1.41 FAR currently utilized. The data also notes approximately 2,767 SF of additional buildable area available. The remarks further indicate potential air-rights redevelopment for up to nine residential units, with an anticipated mix of seven free-market apartments and two inclusionary housing units, subject to architect review and approvals.
Set in the Bed-Stuy area and described as close to the Myrtle Avenue retail corridor, the building is noted as having convenient access to the J, M & Z trains. With a blend of residential income space and a legal commercial component, this asset may suit an owner-user, value-add operator, or a buyer focused on redevelopment planning. Buyers should conduct their own due diligence regarding legal use, current configuration, zoning compliance, and future development potential.
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 | $190.6k | $77.76 |
| − Vacancy | −$22.7k | −$9.25 |
| EGI | $167.9k | $68.51 |
| − OpEx | −$50.4k | −$20.55 |
| NOI | $117.5k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.945861
- Latitude
- 40.694525
