Brick Mixed-Use
3817 Ft Hamilton Parkway, Brooklyn, NY 11218
For Sale
$2,300,000
A private driveway serves the property, alongside approximately 2,000 square feet of ground-floor commercial space.
Property Size4,000 SF
Price / SF$575
Days on Market100
Property Features for 3817 Ft Hamilton Parkway
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Mixed-Use Components
Amenities
private driveway
private parking
Other
4000
Full
2000
10.00
20
6+ Spaces
53.00
100
Yes
Building Details
Stories
Construction
Listing Agency:
RE/MAX Edge
Listed By:
ZaiYou (Joe) Zhu · License NY #10401312891
(917) 967-5966
Source:
Suitsre
Added: Aug 3
Changed: Nov 10
Last Checked: Nov 10 at 2:41PM
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 RE/MAX Edge
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Investment Insights
Based on property information with market context.
This brick mixed-use property includes approximately 2,000 square feet of ground-floor space and a private driveway. Its zoning is R6 with a C2-3 commercial overlay, with a residential FAR of 3.0 and a community-facility FAR of 4.8.
The property is at 3817 Ft Hamilton Parkway in Brooklyn, near shopping, restaurants, schools, and public transportation.
The property is at 3817 Ft Hamilton Parkway in Brooklyn, near shopping, restaurants, schools, and public transportation.
Key Highlights
- Approximately 2,000 square feet of ground‑floor space
- Private driveway
- R6 zoning with a C2‑3 commercial overlay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,200
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,904,000
$2.9M
Cap Rate 7%
$2,074,286
$2.1M
Cap Rate 9%
$1,613,333
$1.6M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$264.0K $66.00/SF
− Vacancy
−$31.7K −$7.92/SF
EGI
$232.3K $58.08/SF
− OpEx
−$87.1K −$21.78/SF
NOI
$145.2K $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%
$2,904,000
Cap Rate 7%
$2,074,286
Cap Rate 9%
$1,613,333
Alternative Uses
Best Use
Mixed Use
$2.07M
$1.82M – $2.42M
NOI $145,200 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,840 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Frequently Asked Questions
What type of property is this?
Mixed-use property - A private driveway serves the property, alongside approximately 2,000 square feet of ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 3817 Ft Hamilton Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Approximately 2,000 square feet of ground‑floor space; Private driveway; R6 zoning with a C2‑3 commercial overlay
