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3-Unit Mixed-Use Property
For Sale
$1,888,000

330 Halsey Street, Brooklyn, NY 11216

Restaurant and apartment spaces share a building with separate meters, on-site parking, and a rear yard.

Property Size2,630 SF
Price / SF$717.87
Days on Market346

Property Features for 330 Halsey Street

General Information

Standard status Active
Size 2,630 SF
Total Parking Spaces 6
Property subtype Commercial
Zoning R6B
Occupancy 100%
Net Operating Income $137,628

Financials

Cap Rate 7.29%
Gross Income $149,112

Site & Location

Utilities to Site Yes
Mixed-Use Components restaurant, residential

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,454

Amenities

Rear Yard
Security Camera System
LED Lighting
200 Amp Power
A/C

Building Details

Building Size 2,630 SF
Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #1020151
Source: Croninreale
Added: Nov 14, 2025 Changed: Oct 23 Last Checked: Oct 23 at 9:55AM

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 All Island Estates Realty Corp

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Investment Insights

Based on property information with market context.

This 2,630-square-foot mixed-use building contains three occupied units: a ground-floor pizzeria with lower-level space and yard access, plus two apartments. The residential units are configured as a three-bedroom apartment and a two-bedroom apartment. Built in 1910, the property has 8-foot ceilings, separate meters, a security camera system, updated LED lighting, air conditioning, and 200-amp electrical service. Six parking spaces and a rear yard are also part of the property. Zoning is R6B.

The building is on Halsey Street in Brooklyn, within a few blocks of Nostrand Avenue and Fulton Avenue. The property is fully occupied, with the commercial and residential spaces in place.

Key Highlights

  • Three‑unit mixed‑use building; 100% occupied
  • 2,630 SF building, built in 1910
  • R6B zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$152,435
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,048,700 $3.0M
Cap Rate 7%
$2,177,643 $2.2M
Cap Rate 9%
$1,693,722 $1.7M
Market Conditions
NOI Build-Up for 2,630 SF
Gross rent
$220.9K $84.00/SF
− Vacancy
−$17.7K −$6.72/SF
EGI
$203.2K $77.28/SF
− OpEx
−$50.8K −$19.32/SF
NOI
$152.4K $57.96/SF
Area
Brooklyn, NY
Vacancy
8.00%
Lease Rate
$84.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,048,700
Cap Rate 7%
$2,177,643
Cap Rate 9%
$1,693,722

Alternative Uses

Best Use
Specialty Retail
$2.18M
$1.91M – $2.54M (±1% cap)
NOI $152,435 @ 7.0% cap · market cap 8.07%
Second Best
Retail
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,121 @ 7.0% cap · market cap 6.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Rocco Pizza III Restaurant

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Auto Parts Store Real Estate Agency Nursing Home

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,068
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
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 - Restaurant and apartment spaces share a building with separate meters, on-site parking, and a rear yard.
Where is this mixed-use property located?
The property is located at 330 Halsey Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Three‑unit mixed‑use building; 100% occupied; 2,630 SF building, built in 1910; R6B zoning
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