346 Malcolm X Blvd, Brooklyn, NY
Recently renovated mixed-use building in Bedford-Stuyvesant, Brooklyn.
- Added:
- Sep 18, 2025
- Days on Market:
- 266
- Last Refresh:
- May 20 at 9:38 pm
Property Features for 346 Malcolm X Blvd
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.03 Acres
- Property subtype
- RETAIL
Properties For Sale
at 346 Malcolm X Blvd Contact usListing agent Brian Whelan
Listing office RIPCO Real Estate - Brooklyn (718) 233-6565
Listing date Sep 18, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate - Brooklyn
HighLights
- Prime location in Bedford‑Stuyvesant with high foot traffic and visibility on Malcolm X Boulevard.
- Renovated mixed‑use building with two residential units and one commercial space.
- Turnkey opportunity for stable rental income from residential and commercial tenants.
- Proximity to Utica Avenue subway station (A & C lines).
- Strong demand drivers due to key amenities in the area.
- Investment growth potential in Bed‑Stuy’s robust market.
Overview
Local 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 | $196.0k | $77.76 |
| − Vacancy | −$23.3k | −$9.25 |
| EGI | $172.6k | $68.51 |
| − OpEx | −$51.8k | −$20.55 |
| NOI | $120.8k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9289
- Latitude
- 40.6808