Mixed-Use Building in Sunset
For Sale
$2,880,000
Pending
3921 7th Ave, Brooklyn, NY 11232
Fully occupied corner brick building with store, apartments, and garage.
Property Size4,200 SF
Lot Size0.06 Acres
Days on Market312
Property Features for 3921 7th Ave
General Information
Standard status
Pending
Size
4,200 SF
Lot size
0.06 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$11,967
Building Details
Building Size
4,200 SF
Year Built
1935
Stories
3
Listed By:
Liuhong (Yoyo) Ren
(917) 708-9966
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 5 at 7:10PM
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 Liuhong (Yoyo) Ren
Investment Insights
Based on property information with market context.
This mixed-use corner brick building is fully occupied and located in the Sunset Park neighborhood. The property includes one store, five apartments, and a two-car garage. The sale includes a laundromat business with all equipment. The building size is 20x70 feet, situated on a 25x100 foot lot. This property presents an opportunity for investors and business owners.
Key Highlights
- Fully occupied mixed‑use corner brick building with store, five apartments, and two‑car garage.
- Includes a laundromat business with all equipment.
- Located in the prime Sunset Park neighborhood.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,409
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,028,180
$4.0M
Cap Rate 7%
$2,877,271
$2.9M
Cap Rate 9%
$2,237,878
$2.2M
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$326.6K $77.76/SF
− Vacancy
−$38.9K −$9.25/SF
EGI
$287.7K $68.51/SF
− OpEx
−$86.3K −$20.55/SF
NOI
$201.4K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,028,180
Cap Rate 7%
$2,877,271
Cap Rate 9%
$2,237,878
Alternative Uses
Best Use
Retail
$2.88M
$2.52M – $3.36M
NOI $201,409 @ 7.0% cap · market cap 6.99%
Second Best
Mixed Use
$2.18M
$1.91M – $2.54M
NOI $152,460 @ 7.0% cap · market cap 5.29%
Theoretical Best
Specialty Retail
$3.48M
$3.04M – $4.06M
NOI $243,432 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,864
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied corner brick building with store, apartments, and garage.
Where is this mixed-use property located?
The property is located at 3921 7th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Fully occupied mixed‑use corner brick building with store, five apartments, and two‑car garage.; Includes a laundromat business with all equipment.; Located in the prime Sunset Park neighborhood.
