Brooklyn Mixed-Use Portfolio
For Sale
Contact for pricing
1666 Broadway, Brooklyn, NY 11207
Mixed-use portfolio with retail and residential units in Brooklyn.
Property Size10,331 SF
Price / SF$483.98
Days on Market245
Property Features for 1666 Broadway
General Information
Standard status
Active
Size
10,331 SF
Class
B
Property subtype
Mixed Use, Multifamily, Retail
Zoning
R6, C1-3
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$235,733
Building Details
Buildings
2
Stories
4
Units
10
Tenancy
Multi
Listing Agency:
Capline Consolidated
Listed By:
Robert Shiryak · License #NY10491213394
(347) 908-7623
Source:
Crexi
Added: Feb 2
Changed: Sep 17
Last Checked: Oct 4 at 8:27AM
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 Capline Consolidated
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire a contiguous mixed-use portfolio located in a transit-oriented corridor of Brooklyn. The portfolio consists of two modern, masonry-constructed buildings, featuring a total of 10 fully stabilized units. The unit mix includes 2 retail spaces and 8 residential units. The properties require zero deferred maintenance, presenting a turnkey acquisition opportunity for investors seeking immediate scale and a smooth transition. One building contains six units, including one retail space and five residential units. The other building contains four units, including one retail space and three residential units. The total property size is 10331 square feet.
Key Highlights
- High‑yield, contiguous mixed‑use portfolio in an active transit‑oriented Brooklyn corridor.
- 10 fully stabilized units (2 retail, 8 residential).
- Two modern, masonry‑constructed buildings.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$375,015
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,500,300
$7.5M
Cap Rate 7%
$5,357,357
$5.4M
Cap Rate 9%
$4,166,833
$4.2M
Market Conditions
NOI Build-Up for 10,331 SF
Gross rent
$681.8K $66.00/SF
− Vacancy
−$81.8K −$7.92/SF
EGI
$600.0K $58.08/SF
− OpEx
−$225.0K −$21.78/SF
NOI
$375.0K $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%
$7,500,300
Cap Rate 7%
$5,357,357
Cap Rate 9%
$4,166,833
Alternative Uses
Best Use
Retail
$7.08M
$6.19M – $8.26M
NOI $495,419 @ 7.0% cap · market cap 9.91%
Second Best
Mixed Use
$5.36M
$4.69M – $6.25M
NOI $375,015 @ 7.0% cap · market cap 7.50%
Theoretical Best
Specialty Retail
$8.55M
$7.48M – $9.98M
NOI $598,785 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use portfolio with retail and residential units in Brooklyn.
Where is this mixed-use property located?
The property is located at 1666 Broadway Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: High‑yield, contiguous mixed‑use portfolio in an active transit‑oriented Brooklyn corridor.; 10 fully stabilized units (2 retail, 8 residential).; Two modern, masonry‑constructed buildings.
