Crown Heights Mixed-Use
1419 Saint Johns Place Brooklyn, NY 11213
1419 Saint Johns Place, Brooklyn, NY, 11213
$1,600,000
For Sale
$1,600,000
Mixed-use townhouse with retail and residential units in Brooklyn.
Property Size3,300 SF
Lot Size0.05 Acres
Price / SF$484.85
Days on Market280
Property Features for 1419 Saint Johns Place
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.05 Acres
- Property subtype
- Mixed
Building Details
- Year Built
- 1930
Listing agency
Bedford Stuyvesant
(862) 823-2674
Listed by
Daniel Cohen · License #10401261296
(862) 823-2674
Source
Corcoran
Added: Oct 16, 2025 Updated: Jul 6 at 10:39AM Checked: Jul 22 at 8:06AM
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 Bedford Stuyvesant
Investment Insights
Based on property information with market context.
This classic mixed-use townhouse is located in the heart of Crown Heights. Constructed in 1930 and updated in 2015, the masonry building spans three stories and offers 3,300 square feet of space on a 20' x 100' lot. The property includes a 1,089 sq. ft. ground-floor retail space with high visibility, along with two residential units above, totaling 2,211 sq. ft. Zoned R6 with a C1-3 commercial overlay, this versatile property presents an opportunity for an investor or end user seeking income potential and live/work flexibility. The property is conveniently located near local shops, cafes, and multiple transit options.
Key Highlights
- Mixed‑use property featuring 1,089 sq. ft. of ground‑floor retail and 2,211 sq. ft. of residential space.
- Prime location in the heart of Crown Heights.
- Versatile R6/C1‑3 zoning offers income potential and live/work flexibility.
Local Financial Insights For Mixed Use
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 | $217.8k | $66.00 |
| − Vacancy | −$26.1k | −$7.92 |
| EGI | $191.7k | $58.08 |
| − OpEx | −$71.9k | −$21.78 |
| NOI | $119.8k | $36.30 |
3,300 SF · lease $66.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$2.26M
$1.98M – $2.64M
NOI $158,250 @ 7.0% cap · market cap 9.89%
Second Best
Mixed Use
$1.71M
$1.50M – $2.00M
NOI $119,790 @ 7.0% cap · market cap 7.49%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,268 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use townhouse with retail and residential units in Brooklyn.
Where is this mixed-use property located?
The property is located at 1419 Saint Johns Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed‑use property featuring 1,089 sq. ft. of ground‑floor retail and 2,211 sq. ft. of residential space.; Prime location in the heart of Crown Heights.; Versatile R6/C1‑3 zoning offers income potential and live/work flexibility.
