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1b-5411 7th Ave, Brooklyn, NY 11217
A small-format retail space is available for commercial occupancy.
Property Size250 SF
Price / SF$19.20
Days on Market16
Property Features for 1b-5411 7th Ave
General Information
Standard status
Active
Size
250 SF
Property subtype
Business Opportunity
Taxes and HOA fees
Annual Taxes
$1,676
Listing Agency:
E House Realty & Mgt. Inc.
Listed By:
Baofang (Selena) Lin
(718) 680-2776
Source:
Exprealty
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 23 at 8:45AM
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 E House Realty & Mgt. Inc.
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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 Brooklyn storefront offers approximately 250 square feet of commercial space. Its compact footprint may suit a limited-scale retail operation.
Key Highlights
- 250 SF storefront in Brooklyn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,989
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,780
$239.8K
Cap Rate 7%
$171,271
$171.3K
Cap Rate 9%
$133,211
$133.2K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$19.4K $77.76/SF
− Vacancy
−$2.3K −$9.25/SF
EGI
$17.1K $68.51/SF
− OpEx
−$5.1K −$20.55/SF
NOI
$12.0K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,780
Cap Rate 7%
$171,271
Cap Rate 9%
$133,211
Alternative Uses
Best Use
Retail
$171.3K
$149.9K – $199.8K
NOI $11,989 @ 7.0% cap · market cap 249.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$207.0K
$181.1K – $241.5K
NOI $14,490 @ 7.0% cap · market cap 301.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,812
Businesses Nearby
263k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 26%
Groceries 12%
Home Improvements & Furnishings 3%
McDonald's
Dining
56,606 visits/mo
0.4 miles
Chick-fil-A
Dining
35,688 visits/mo
0.4 miles
Key Food Urban Marketplace
Groceries
23,386 visits/mo
0.4 miles
Shake Shack
Dining
18,217 visits/mo
0.3 miles
TD Bank
Shops & Services
15,811 visits/mo
0.2 miles
Demographics for 11217, NY
42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
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- AmyJacobusFlorals — 699 President St, Brooklyn, NY 11215
- Benicia Florist Same Day Delivery Inc — 722 classon ave, brooklyn, ny 11238
- Flower Shop — Brooklyn, NY 11217
Frequently Asked Questions
What type of property is this?
Storefront property - A small-format retail space is available for commercial occupancy.
Where is this storefront property located?
The property is located at 1b-5411 7th Ave Brooklyn, NY.
What are key features of this property?
This property features: 250 SF storefront in Brooklyn
