Brooklyn Mixed-Use Building For
For Sale
Contact for pricing
2211 Avenue Z Brooklyn, Brooklyn, NY 11235
Mixed-use building with vacant store and two apartments.
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$850
Days on Market146
Property Features for 2211 Avenue Z Brooklyn
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.05 Acres
Property subtype
Mixed Use
Listing Agency:
Premiere Properties
Listed By:
Allan Profeta · License #NY
Source:
Crexi
Added: Mar 9
Changed: Jul 10
Last Checked: Jul 31 at 3:47PM
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 Premiere Properties
Investment Insights
Based on property information with market context.
This mixed-use building in Brooklyn presents an investment opportunity. The property includes a vacant store and two apartments. The building spans 2,000 square feet and is situated on a lot measuring 20 feet by 100 feet. Zoned as R4, C1-2, the property provides a framework for various business endeavors. The one and two-bedroom apartments have no existing leases. Real estate taxes are $6,720.
Key Highlights
- Prime mixed‑use building with a vacant store and two apartments, offering versatile investment potential.
- Located in Brooklyn, a sought‑after location.
- 2,000 square feet building size on a 20' x 100' lot.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.5k | $77.76 |
| − Vacancy | −$18.5k | −$9.25 |
| EGI | $137.0k | $68.51 |
| − OpEx | −$41.1k | −$20.55 |
| NOI | $95.9k | $47.95 |
2,000 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $95,909 @ 7.0% cap · market cap 5.64%
Second Best
Mixed Use
$1.04M
$907.5K – $1.21M
NOI $72,600 @ 7.0% cap · market cap 4.27%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,920 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,124
Businesses Nearby
349k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 28%
Apparel 16%
Office Supplies 11%
Stop & Shop
Groceries
70,327 visits/mo
0.3 miles
Marshalls
Apparel
55,799 visits/mo
0.3 miles
Staples
Office Supplies
37,374 visits/mo
0.2 miles
Aldi
Groceries
26,148 visits/mo
0.4 miles
Petco
Shops & Services
25,350 visits/mo
0.3 miles
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Market
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with vacant store and two apartments.
Where is this mixed-use property located?
The property is located at 2211 Avenue Z Brooklyn Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime mixed‑use building with a vacant store and two apartments, offering versatile investment potential.; Located in Brooklyn, a sought‑after location.; 2,000 square feet building size on a 20' x 100' lot.
