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Crown Heights Mixed-Use Townhouse
For Sale
$1,600,000

1419 ST JOHNS Pl, Brooklyn, NY 11213

Mixed-use property with retail and residential units in Brooklyn.

Property Size3,300 SF
Lot Size0.05 Acres
Days on Market312

Property Features for 1419 ST JOHNS Pl

General Information

Standard status Active
Size 3,300 SF
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,544

Building Details

Building Size 3,300 SF
Year Built 1930
Units 3
Listing Agency: Corcoran Group
Listed By: Amanda Cueva · License #10401393174
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 4 Last Checked: Oct 5 at 4:26PM

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 Corcoran Group

Investment Insights

Based on property information with market context.

This classic mixed-use townhouse, located in the heart of Crown Heights, was built 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 excellent visibility, along with two residential units above, totaling 2,211 sq. ft. Zoned R6 with a C1-3 commercial overlay, this versatile property presents a prime 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 space and two residential units totaling 2,211 sq. ft.
  • Prime location in the heart of Crown Heights
  • Zoned R6 with C1‑3 commercial overlay offering income potential and live/work flexibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$119,790
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,395,800 $2.4M
Cap Rate 7%
$1,711,286 $1.7M
Cap Rate 9%
$1,331,000 $1.3M
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$217.8K $66.00/SF
− Vacancy
−$26.1K −$7.92/SF
EGI
$191.7K $58.08/SF
− OpEx
−$71.9K −$21.78/SF
NOI
$119.8K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,395,800
Cap Rate 7%
$1,711,286
Cap Rate 9%
$1,331,000

Alternative Uses

Best Use
Retail
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,250 @ 7.0% cap · market cap 9.89%
Second Best
Mixed Use
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,790 @ 7.0% cap · market cap 7.49%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M (±1% cap)
NOI $191,268 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

4,848
Businesses Nearby
64k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 14% Electronics 11% Groceries 11%
Dollar Tree Shops & Services
23,117 visits/mo 0.5 miles
Bank of America Shops & Services
8,418 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,911 visits/mo 0.5 miles
C-Town Supermarkets Groceries
7,088 visits/mo 0.5 miles
Clean Rite Center Shops & Services
3,749 visits/mo 0.4 miles

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in Brooklyn.
Where is this mixed-use property located?
The property is located at 1419 ST JOHNS Pl 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 space and two residential units totaling 2,211 sq. ft.; Prime location in the heart of Crown Heights; Zoned R6 with C1‑3 commercial overlay offering income potential and live/work flexibility
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