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Three-Level Office Property

187 Maujer Street, Brooklyn, NY 11206

For Sale
Contact for pricing

The building’s floors are available together or as separate office spaces.

Property Size4,824 SF
Price / SF$0.01
Days on Market36

Property Features for 187 Maujer Street

General Information

Standard status Active
Size 4,824 SF
Property subtype Office

Building Details

Year Built 1920
Buildings 1
Stories 3
Listing Agency: Keller Williams Realty Liberty
Listed By: Rene A. Rose · License NY 30RO0928125
Source: Neilcharlesrealestate
Added: Oct 6 Changed: Nov 10 Last Checked: Nov 10 at 2:21PM

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 Keller Williams Realty Liberty

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1920-built office property spans three levels, with 1,608 square feet on each floor and 4,824 square feet in total. The space can be occupied as a whole or divided by floor, providing separate configurations within the building.

Key Highlights

  • 4,824 square feet across three levels
  • Each floor contains 1,608 square feet
  • Available as a whole or in individual floor‑level spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$120,349
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,980 $2.4M
Cap Rate 7%
$1,719,271 $1.7M
Cap Rate 9%
$1,337,211 $1.3M
Market Conditions
NOI Build-Up for 4,824 SF
Gross rent
$208.4K $43.20/SF
− Vacancy
−$47.9K −$9.94/SF
EGI
$160.5K $33.26/SF
− OpEx
−$40.1K −$8.32/SF
NOI
$120.3K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,980
Cap Rate 7%
$1,719,271
Cap Rate 9%
$1,337,211

Alternative Uses

Best Use
Office B
$1.72M
$1.50M – $2.01M (±1% cap)
NOI $120,349 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.99M
$3.49M – $4.66M (±1% cap)
NOI $279,599 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Nursing Home Veterinary Clinic Auto Parts Store Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,318
Businesses Nearby

Demographics for 11206, NY

91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value

Market

Average Price Trend$/SF for Office Units in Brooklyn, NY

$634 Jul
$595 Aug
$633 Sep
$636 Oct

Properties on Market for Office Units in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The building’s floors are available together or as separate office spaces.
Where is this office unit located?
The property is located at 187 Maujer Street Brooklyn, NY.
What are key features of this property?
This property features: 4,824 square feet across three levels; Each floor contains 1,608 square feet; Available as a whole or in individual floor‑level spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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