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Mixed-Use Building with Terrace
New
For Sale
$999,999

305 Rogers Avenue, Brooklyn, NY 11225

Residential Income, Brooklyn, NY

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$499
Days on Market5

Property Features for 305 Rogers Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Basement Unfinished
Elementary school Ps 181
Middle school Medgar Evers College Prep School
High school Brooklyn Academy Of Sci & Environ
Elementary school district Brooklyn 17
Middle school district Brooklyn 17
High school district Brooklyn 17
Directions GPS
Standard status Active
APN 01296-0007
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6316

Utilities

Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

private outdoor terrace

Building Details

Year built 1925
Number of units 3
Building materials Brick
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Carl Franklyn PSC · License #10401358447
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 17 at 4:06AM
MLS# 1049407

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

At 305 Rogers Avenue, this brick mixed-use property contains two apartments, each with three bedrooms and one bathroom, alongside approximately 2,000 square feet of ground-floor commercial space. The second-floor apartment has a private terrace. One apartment is occupied; the other is vacant. The commercial area is vacant and requires a full renovation. An approximately 1,200-square-foot basement adds space within the building’s existing configuration.

Built in 1925, the property sits on a 0.0459-acre lot and has public water and public sewer service. Its residential units, commercial area, terrace, and basement are the principal components of the offering.

Key Highlights

  • Two apartments, each with three bedrooms and one bathroom
  • Approximately 2,000 square feet of ground‑floor commercial space; vacant and requiring a full renovation
  • Approximately 1,200‑square‑foot basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,600
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,000 $1.5M
Cap Rate 7%
$1,037,143 $1.0M
Cap Rate 9%
$806,667 $806.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$132.0K $66.00/SF
− Vacancy
−$15.8K −$7.92/SF
EGI
$116.2K $58.08/SF
− OpEx
−$43.6K −$21.78/SF
NOI
$72.6K $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%
$1,452,000
Cap Rate 7%
$1,037,143
Cap Rate 9%
$806,667

Alternative Uses

Best Use
Mixed Use
$1.04M
$907.5K – $1.21M (±1% cap)
NOI $72,600 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M (±1% cap)
NOI $61,058 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,920 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Church Of God Of Prophecy Church

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Nursing Home Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,779
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two three-bedroom apartments accompany ground-level commercial space; one apartment is occupied and the other is vacant.
Where is this mixed-use property located?
The property is located at 305 Rogers Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two apartments, each with three bedrooms and one bathroom; Approximately 2,000 square feet of ground‑floor commercial space; vacant and requiring a full renovation; Approximately 1,200‑square‑foot basement
More about this property
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