Mixed-Use Brick
141 Tompkins Avenue, Brooklyn, NY 11206
New
- Added:
- Jun 3, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 4 at 10:06 am
Property Features for 141 Tompkins Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 5406
Building Details
- Floors in Building
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent Emma Barattini (646) 838-1378
Listing office EVERGREEN REALTY & INVESTMENTS 5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY (646) 838-1378
Listing date Jun 3, 2026
MLS# 11800302
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑story brick mixed‑use building with garage parking, lot size 1,740 SF, and existing building approx. 2,451 SF
- Currently configured as six residential units (five 1‑bedroom and one studio); 4 of 6 units are vacant
- Legal use: two residential units and one commercial space; R6A and C2‑4 zoning with 1.41 FAR currently utilized
- Approx. 2,767 SF of additional buildable area available; potential conversion to a legal four‑unit building with ground‑floor retail
- Potential redevelopment up to nine residential units using available air rights (subject to architect review and approvals)
- Large rear yard; landlord pays all utilities; remaining occupied units are month‑to‑month
Overview
This three-story brick mixed-use building is currently configured as six residential units, with apartments both at the front and rear. The legal use consists of two residential units and one commercial space. Interior layout includes five one-bedroom apartments and one studio apartment. Four of the six residential units are delivered vacant, while the remaining occupied units are on month-to-month terms. A large rear yard provides meaningful outdoor space for the property.
The property is zoned R6A and C2-4, and the site currently has 1.41 FAR utilized. The listing notes approximately 2,767 SF of additional buildable area available. Redevelopment may be possible using available air rights for up to nine residential units, subject to architect review and approvals. The landlord currently pays all utilities.
For buyers, the building can support an owner-user or value-add approach given the mix of vacant and month-to-month units, as well as the on-site commercial component reflected in the legal use. Alternatively, it may appeal to developers evaluating expanded residential layouts and potential ground-floor retail. As with any redevelopment, buyers should conduct their own due diligence regarding legal use, configuration, zoning, and future development feasibility.
The property is zoned R6A and C2-4, and the site currently has 1.41 FAR utilized. The listing notes approximately 2,767 SF of additional buildable area available. Redevelopment may be possible using available air rights for up to nine residential units, subject to architect review and approvals. The landlord currently pays all utilities.
For buyers, the building can support an owner-user or value-add approach given the mix of vacant and month-to-month units, as well as the on-site commercial component reflected in the legal use. Alternatively, it may appeal to developers evaluating expanded residential layouts and potential ground-floor retail. As with any redevelopment, buyers should conduct their own due diligence regarding legal use, configuration, zoning, and future development feasibility.
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 |
2,451 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,537 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$1.07M
$935.3K – $1.25M
NOI $74,826 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,060 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.945894
- Latitude
- 40.694591
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Three-story brick building with six current residential units, large rear yard, and legal mixed-use configuration.
Where is this apartment building located?
The property is located at 141 Tompkins Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three‑story brick mixed‑use building with garage parking, lot size 1,740 SF, and existing building approx. 2,451 SF; Currently configured as six residential units (five 1‑bedroom and one studio); 4 of 6 units are vacant; Legal use: two residential units and one commercial space; R6A and C2‑4 zoning with 1.41 FAR currently utilized
