Mixed-Use Building with Duplex
New
For Sale
$1,899,000
2090 Bragg Street, Brooklyn, NY 11229
The first floor contains former dental-office space with existing framing, pre-wiring, and approved plans for a new dental office.
Property Size3,260 SF
Price / SF$582.52
Days on Market1
Property Features for 2090 Bragg Street
General Information
Standard status
Active
Size
3,260 SF
Property subtype
Mixed Use
Property Condition
Severity
Repairs Needed
Evidence
Ready For Renovation
Space & Availability
Floor
First Floor
Condition
Needs Renovation
Additional Details
Office Units
1
Property Use
Dental Office
Medical Specialty
dental
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Amerihomes Realty of NY, Inc
Listed By:
Victor Li · License #40LI0944229
(718) 447-2626
Source:
Prideestates
Added: Nov 1
Last Checked: Nov 1 at 3:12PM
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 Amerihomes Realty of NY, Inc
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Investment Insights
Based on property information with market context.
This 3,260-square-foot corner property combines professional office space on the ground level with a duplex apartment above. The former dental office has a dedicated patient entrance and a private doctor’s office. Existing room framing and pre-wiring remain, and approved building plans outline a new dental-office configuration. The separately accessed basement may support office use or a small business, subject to applicable approvals.
The upper residence includes three bedrooms, two bathrooms, and two terraces. The property sits at Avenue U and Bragg Street, on the border of Sheepshead Bay and Marine Park.
The upper residence includes three bedrooms, two bathrooms, and two terraces. The property sits at Avenue U and Bragg Street, on the border of Sheepshead Bay and Marine Park.
Key Highlights
- 3,260‑square‑foot mixed‑use corner property
- Former dental office includes a dedicated patient entrance and private doctor’s office
- Existing room framing, pre‑wiring, and approved building plans for a new dental office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,338
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,366,760
$2.4M
Cap Rate 7%
$1,690,543
$1.7M
Cap Rate 9%
$1,314,867
$1.3M
Market Conditions
NOI Build-Up for 3,260 SF
Gross rent
$215.2K $66.00/SF
− Vacancy
−$25.8K −$7.92/SF
EGI
$189.3K $58.08/SF
− OpEx
−$71.0K −$21.78/SF
NOI
$118.3K $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%
$2,366,760
Cap Rate 7%
$1,690,543
Cap Rate 9%
$1,314,867
Alternative Uses
Best Use
Mixed Use
$1.69M
$1.48M – $1.97M
NOI $118,338 @ 7.0% cap · market cap 6.23%
Second Best
Office B
$1.16M
$1.02M – $1.36M
NOI $81,330 @ 7.0% cap · market cap 4.28%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $188,950 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
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Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The first floor contains former dental-office space with existing framing, pre-wiring, and approved plans for a new dental office.
Where is this mixed-use property located?
The property is located at 2090 Bragg Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 3,260‑square‑foot mixed‑use corner property; Former dental office includes a dedicated patient entrance and private doctor’s office; Existing room framing, pre‑wiring, and approved building plans for a new dental office
