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Mixed-Use Building with Apartments
For Sale
Contact for pricing
Pending

431 Dekalb Ave, Brooklyn, NY 11205

Combines rent-stabilized apartments with restaurant-ready commercial space.

Property SizeContact for details
Days on Market144

Property Features for 431 Dekalb Ave

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Invictus Property Advisors
Listed By: Andrew Levine · License #NY 10491208655
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 8:11AM

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 Invictus Property Advisors

Investment Insights

Based on property information with market context.

This four-story mixed-use walk-up property contains six rent-stabilized residential units and three commercial units. Four apartments are occupied, while two will be delivered vacant; each unit measures 850 net rentable square feet. The vacant three-bedroom apartments may be reconfigured into two one-bedroom units, subject to applicable requirements. Commercial space includes two units occupied by a corner grocer and a third unit retaining equipment from its former pizzeria use, providing a ready setting for another takeout restaurant.

The building occupies the northeast corner of Dekalb Avenue and Classon Avenue in Clinton Hill, at 431 Dekalb Ave, Brooklyn, NY 11205. It sits across from Pratt Institute and NYPD's 88th Precinct, with several nearby development projects adding apartment and retail construction to the surrounding area.

Key Highlights

  • Six rent‑stabilized residential units, including two expected to be delivered vacant
  • Three commercial units, with two occupied by a corner grocer
  • Third commercial unit retains equipment from its former pizzeria use

Property Analytics

Current Use

Pizza Spot Restaurant Lotto & Magazine Corner Food Market Krishna Grocery Inc Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Nursing Home Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,833
Businesses Nearby

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines rent-stabilized apartments with restaurant-ready commercial space.
Where is this mixed-use property located?
The property is located at 431 Dekalb Ave Brooklyn, NY.
What are key features of this property?
This property features: Six rent‑stabilized residential units, including two expected to be delivered vacant; Three commercial units, with two occupied by a corner grocer; Third commercial unit retains equipment from its former pizzeria use
More about this property
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