3-Unit Mixed-Use
2254 65th Street, Brooklyn, NY 11204
For Sale
$1,699,000
Residential Income, Brooklyn, NY
Property Size2,590 SF
Lot Size0.05 Acres
Price / SF$655.98
Days on Market110
Property Features for 2254 65th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
COZY CORNER REALTY LLC
(917) 923-4038
Listed By:
Lorraine Digregorio
Added: Jul 28
Changed: Nov 5
Last Checked: Nov 14 at 12:06AM
MLS# 11906861
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1935 mixed-use building contains three residential units and a commercial storefront. The residential units are expected to be delivered vacant. The store measures 14 by 30 feet and has a tenant with 14 years at the property who is willing to remain, or it can be delivered vacant. A full basement connects to the backyard. The reported building area is 2,590 square feet, and the lot measures 20 by 100 feet. Zoning is R6A/C2-3; 6,000 buildable square feet are cited, subject to review by an architect.
The property is on 65th Street in Brooklyn, near Bay Parkway and minutes from the Belt Parkway. The boiler, rated at 200,000 BTU, was replaced in May 2025.
The property is on 65th Street in Brooklyn, near Bay Parkway and minutes from the Belt Parkway. The boiler, rated at 200,000 BTU, was replaced in May 2025.
Key Highlights
- Three residential units and one commercial storefront
- 2,590‑square‑foot building on a 20‑by‑100‑foot lot
- Store measures 14 by 30 feet; tenant of 14 years may remain or vacate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,202
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,484,040
$2.5M
Cap Rate 7%
$1,774,314
$1.8M
Cap Rate 9%
$1,380,022
$1.4M
Market Conditions
NOI Build-Up for 2,590 SF
Gross rent
$201.4K $77.76/SF
− Vacancy
−$24.0K −$9.25/SF
EGI
$177.4K $68.51/SF
− OpEx
−$53.2K −$20.55/SF
NOI
$124.2K $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%
$2,484,040
Cap Rate 7%
$1,774,314
Cap Rate 9%
$1,380,022
Alternative Uses
Best Use
Retail
$1.77M
$1.55M – $2.07M
NOI $124,202 @ 7.0% cap · market cap 7.31%
Second Best
Mixed Use
$1.34M
$1.18M – $1.57M
NOI $94,017 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$2.14M
$1.88M – $2.50M
NOI $150,116 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,854
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - The three residential units are expected to be vacant; the storefront tenant may stay or leave.
Where is this mixed-use property located?
The property is located at 2254 65th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Three residential units and one commercial storefront; 2,590‑square‑foot building on a 20‑by‑100‑foot lot; Store measures 14 by 30 feet; tenant of 14 years may remain or vacate
