Three-Building Mixed-Use
420 7th Avenue Brooklyn, NY 10036
For Sale
Contact for pricing
Portfolio includes three mixed-use buildings with 13 apartments and 3 commercial units totaling 14,792 SF.
Property Size14,792 SF
Price / SF$1,095
Days on Market96
Property Features for 420 7th Avenue
General Information
- Standard status
- Active
- Size
- 14,792 SF
- Property subtype
- Multifamily, Mixed Use
Listing Agency:
Alpha Realty NY
Listed By:
Lev Mavashev · License #NY 10351208812
Source:
Crexi
Added: Apr 21
Changed: Jul 21
Last Checked: Jul 24 at 5:11PM
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 Alpha Realty NY
Investment Insights
Based on property information with market context.
This three-building mixed-use portfolio features residential and commercial space across 13 apartments and 3 commercial units. The offering totals 14,792 SF and is presented as a single package for sale.
The properties are located between 14th Street and 13th Street at 420 7th Avenue in Brooklyn, NY 10036.
The portfolio configuration combines income-producing residential units with separate commercial units within the three-building structure.
The properties are located between 14th Street and 13th Street at 420 7th Avenue in Brooklyn, NY 10036.
The portfolio configuration combines income-producing residential units with separate commercial units within the three-building structure.
Key Highlights
- 3‑building mixed‑use portfolio between 14th St and 13th St
- 13 apartments plus 3 commercial units
- Total building size of 14,792 SF
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 | $1.15M | $77.76 |
| − Vacancy | −$136.9k | −$9.25 |
| EGI | $1.01M | $68.51 |
| − OpEx | −$304.0k | −$20.55 |
| NOI | $709.3k | $47.95 |
14,792 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$10.13M
$8.87M – $11.82M
NOI $709,344 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$6.45M
$5.64M – $7.53M
NOI $451,584 @ 7.0% cap · market cap 2.79%
Theoretical Best
Specialty Retail
$12.25M
$10.72M – $14.29M
NOI $857,344 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jai Dee restaurant ...
Restaurant
FAQs
What type of property is this?
Apartment building - Portfolio includes three mixed-use buildings with 13 apartments and 3 commercial units totaling 14,792 SF.
Where is this apartment building located?
The property is located at 420 7th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $16,200,000.
What are key features of this property?
This property features: 3‑building mixed‑use portfolio between 14th St and 13th St; 13 apartments plus 3 commercial units; Total building size of 14,792 SF
