Mixed-Use Building with
170 31st Street, Brooklyn, NY 11232
For Sale
New
$4,800,000
Four street-level retail spaces sit beneath rent-stabilized apartments.
Property Size18,000 SF
Price / SF$266.67
Days on Market4
Property Features for 170 31st Street
General Information
Standard status
Size
Property subtype
Financials
Gross Income
Gross Rent Multiplier
Site & Location
Corner Location
Road Access
Public Transit
Utilities to Site
Mixed-Use Components
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listing Agency:
Compass
Listed By:
Ian Mednick · License #10401308254
(203) 858-5789
Source:
Penrealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 12:55PM
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
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Investment Insights
Based on property information with market context.
Built in 1916, this four-story brick property combines 19 rent-stabilized apartments with four ground-floor storefronts. The building contains 18,000 square feet and has separate electric meters and individually metered gas. Original decorative brickwork remains part of the exterior.
At the intersection of 4th Avenue and 31st Street, the property has frontage along both streets. The R train is a few blocks from the building at both 25th Street and 36th Street.
Retail lease expirations are staggered between 2027 and 2035, and one lease includes annual increases. The property is reported at a stabilized 6.32% cap rate and an 8.79x GRM.
At the intersection of 4th Avenue and 31st Street, the property has frontage along both streets. The R train is a few blocks from the building at both 25th Street and 36th Street.
Retail lease expirations are staggered between 2027 and 2035, and one lease includes annual increases. The property is reported at a stabilized 6.32% cap rate and an 8.79x GRM.
Key Highlights
- Four‑story brick mixed‑use property built in 1916
- 18,000 square feet with 19 rent‑stabilized apartments and four ground‑floor storefronts
- Corner parcel with frontage on 4th Avenue and 31st Street
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
19
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four street-level retail spaces sit beneath rent-stabilized apartments.
Where is this mixed-use property located?
The property is located at 170 31st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Four‑story brick mixed‑use property built in 1916; 18,000 square feet with 19 rent‑stabilized apartments and four ground‑floor storefronts; Corner parcel with frontage on 4th Avenue and 31st Street
