Brooklyn Mixed-Use Building For
For Sale
Contact for pricing
25 101st Ave, Brooklyn, NY 11208
Mixed-use building with commercial and residential units, value-add opportunity.
Property Size2,268 SF
Price / SF$551.15
Days on Market153
Property Features for 25 101st Ave
General Information
Standard status
Active
Size
2,268 SF
Class
B
Property subtype
Retail, Multifamily, Mixed Use
Zoning
R5 C1-2
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1920
Buildings
1
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Douglas Elliman Commercial Division
Listed By:
Steven Llorens · License #NY
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 21 at 6:27PM
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 Douglas Elliman Commercial Division
Investment Insights
Based on property information with market context.
Located at 25 101st Avenue in Brooklyn, this mixed-use building is available for sale individually or as part of a package with the adjacent property at 29 101st Avenue. The property features a ground-floor commercial unit and one 2-bedroom residential apartment. The property size is 2268 square feet. Current rents are below market, presenting a value-add opportunity through lease-up and repositioning. This property is ideal for investors seeking stable in-place income with upside potential. The building is located in a highly accessible part of Brooklyn, offering excellent everyday consumer accessibility. It is well-suited for buyers looking for neighborhood retail with residential income above, where there is room to improve rents, refresh tenancy, or modernize the commercial asset over time. The adjacent mixed-use building at 29 101st Avenue in Brooklyn is also available for individual purchase or together with 25 101st Avenue. That property includes a ground-floor commercial unit and two 1-bedroom residential apartments. With below-market rents, that asset offers strong potential for income growth and long-term appreciation and is well-suited for investors targeting value-add opportunities in a growing Brooklyn submarket.
Key Highlights
- Value‑add opportunity due to below‑market rents in both commercial and residential units.
- Potential for increased income through lease‑up and repositioning of the property.
- Stable in‑place income from existing commercial and residential tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,840
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 2,268 SF
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.
Gross rent
$98.0K $43.20/SF
− Vacancy
−$3.7K −$1.64/SF
EGI
$94.3K $41.56/SF
− OpEx
−$42.4K −$18.70/SF
NOI
$51.8K $22.86/SF
Area
ZIP 11208
Vacancy
3.80%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
Alternative Uses
Best Use
Apartment 5plus
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 4.15%
Second Best
Mixed Use
$672.1K
$588.1K – $784.2K
NOI $47,050 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,142 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with commercial and residential units, value-add opportunity.
Where is this mixed-use property located?
The property is located at 25 101st Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Value‑add opportunity due to below‑market rents in both commercial and residential units.; Potential for increased income through lease‑up and repositioning of the property.; Stable in‑place income from existing commercial and residential tenants.
