Mixed-Use Property with
New
For Sale
$999,999
4222 Avenue D, Brooklyn, NY 11203
An existing two-bedroom residence is paired with ground-floor commercial space, a backyard, and shutter access to the basement.
Property Size2,000 SF
Days on Market3
Property Features for 4222 Avenue D
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Additional Details
Mixed-Use Components
residential, commercial
Taxes and HOA fees
Annual Taxes
$12,545
Amenities
backyard
basement access
Building Details
Building Size
2,000 SF
Year Built
1933
Listing Agency:
5 Boro Realty Corp
Listed By:
Remon Kredi
(917) 348-0177
Source:
Elliman
Added: Oct 30
Last Checked: Oct 30 at 3:22PM
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 5 Boro Realty Corp
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Investment Insights
Based on property information with market context.
At 4222 Avenue D, this mixed-use property includes an existing two-bedroom, one-bathroom residential unit and ground-floor commercial space. The building dates to 1933 and includes a backyard, with shutter access to the basement.
The commercial area offers approximately 2,000 square feet of potential rentable space. A layout with one front storefront and three rear spaces is described as a possibility, subject to applicable approvals. The property is in Brooklyn, NY 11203.
The commercial area offers approximately 2,000 square feet of potential rentable space. A layout with one front storefront and three rear spaces is described as a possibility, subject to applicable approvals. The property is in Brooklyn, NY 11203.
Key Highlights
- Existing residential unit with 2 bedrooms and 1 bathroom
- Approximately 2,000 square feet of potential rentable commercial area
- Potential configuration includes one storefront in front and three rear spaces, subject to applicable approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,600
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,000
$1.5M
Cap Rate 7%
$1,037,143
$1.0M
Cap Rate 9%
$806,667
$806.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$132.0K $66.00/SF
− Vacancy
−$15.8K −$7.92/SF
EGI
$116.2K $58.08/SF
− OpEx
−$43.6K −$21.78/SF
NOI
$72.6K $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%
$1,452,000
Cap Rate 7%
$1,037,143
Cap Rate 9%
$806,667
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $95,909 @ 7.0% cap · market cap 9.59%
Second Best
Mixed Use
$1.04M
$907.5K – $1.21M
NOI $72,600 @ 7.0% cap · market cap 7.26%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,920 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,460
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 13%
Electronics 4%
Groceries 4%
Shell
Shops & Services
13,843 visits/mo
0.5 miles
Dollar Tree
Shops & Services
13,437 visits/mo
0.5 miles
BP
Shops & Services
11,809 visits/mo
0.4 miles
Dollar General
Shops & Services
11,593 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
6,748 visits/mo
0.5 miles
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An existing two-bedroom residence is paired with ground-floor commercial space, a backyard, and shutter access to the basement.
Where is this mixed-use property located?
The property is located at 4222 Avenue D Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Existing residential unit with 2 bedrooms and 1 bathroom; Approximately 2,000 square feet of potential rentable commercial area; Potential configuration includes one storefront in front and three rear spaces, subject to applicable approvals
