Mixed-Use Residential Income Building with
For Sale
$1,950,000
146 Diamond Street, Brooklyn, NY 11222
Boutique mixed-use residential income building with rooftop access at 146 Diamond Street, currently featuring vacancy.
Property Size5,768 SF
Price / SF$338.07
Days on Market11
Property Features for 146 Diamond Street
General Information
Standard status
Active
Size
5,768 SF
Property subtype
Mixed Use
Amenities
rooftop
Building Details
Building Size
5,768 SF
Year Built
1920
Listing Agency:
Compass
(706) 255-5657
Listed By:
Nathan M Horne · License #10301210236
(706) 255-5657
Source:
Cbwarburg
Added: Jul 21
Changed: Jul 30
Last Checked: Jul 30 at 11:47AM
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 Compass
Investment Insights
Based on property information with market context.
146 Diamond Street, Brooklyn, NY 11222 presents a boutique mixed-use residential income building with rooftop access. The property is currently noted as having vacancy, creating an opportunity to stabilize occupancy.
The building’s mixed-use configuration supports tenanting flexibility within a residential income framework, and the rooftop feature adds an additional amenity space for residents or occupants.
With a property size of 5,768 SF, this asset is positioned for buyers seeking a residential income building with a rooftop component and in-place vacancy to address through leasing and operations.
The building’s mixed-use configuration supports tenanting flexibility within a residential income framework, and the rooftop feature adds an additional amenity space for residents or occupants.
With a property size of 5,768 SF, this asset is positioned for buyers seeking a residential income building with a rooftop component and in-place vacancy to address through leasing and operations.
Key Highlights
- 146 Diamond Street, Brooklyn, NY 11222
- Mixed‑use residential income building with rooftop feature
- Property currently has vacancy
Financial Insights For Apartment 5plus
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 | $326.7k | $56.64 |
| − Vacancy | −$6.5k | −$1.13 |
| EGI | $320.2k | $55.51 |
| − OpEx | −$144.1k | −$24.98 |
| NOI | $176.1k | $30.53 |
5,768 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.52M
$2.20M – $2.93M
NOI $176,091 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.78M
$4.18M – $5.57M
NOI $334,313 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,970
Businesses Nearby
Explore this area
Business Placement
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Brooklyn, NY
Properties on Market for Residential income properties in Brooklyn
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Boutique mixed-use residential income building with rooftop access at 146 Diamond Street, currently featuring vacancy.
Where is this residential income property located?
The property is located at 146 Diamond Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 146 Diamond Street, Brooklyn, NY 11222; Mixed‑use residential income building with rooftop feature; Property currently has vacancy
