467 Keap Street, Brooklyn, NY 11211

Building Details

Year built

2009

Listing agent Emma Barattini Show Phone

Listing office EVERGREEN REALTY & INVESTMENTS 5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY Show Phone

Listing date Feb 23, 2026

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MLS# 11661314 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This ten-story mixed-use elevator building was constructed in 2009 and contains 29 residential lofts with 20' ceilings. The residential component is fully occupied, including six affordable units. The property also includes an 8,300 SF commercial space served by an elevator, with cellar storage and a loading dock. Structured parking is provided across three levels with 60 spaces. An additional 6,985 SF of parking could be added on the second-floor roof, subject to development.

Located at 467 Keap Street in Brooklyn (Kings County), the building sits on a 96.08' x 183.33' lot (approximately 0.39 acres). The offering includes a 421a tax exemption in place until July 2038. Current gross annual income is stated at $2,158,235, with current net annual income of approximately $1,863,163. A legal residential rent roll is provided at $1,401,975 per year.

For commercial tenants and buyers, the property offers a combined residential and income-producing commercial configuration, with the commercial space currently leased for $14,000 per month to a high-end gym on a portion of the building’s 8,300 SF. The stated actual cap rate is 7.76%. With the commercial lease fully implemented, the projected total gross income is approximately $2,352,375, based on the figures provided.

Suggested Use

Law Firm Nursing Home Nursing Home Auto Parts Store Adult Day Care Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.952445

Latitude

40.71298

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FAQs

What type of property is this?

Mixed-use property - A fully occupied 2009 building with residential lofts, an 8,300 SF elevator-accessible commercial unit, and structured parking.

Where is this mixed-use property located?

The property is located at 467 Keap Street Brooklyn, NY.

What is the asking price?

The asking price for this property is $24,000,000.

What are key features of this property?

This property features: Ten‑story mixed‑use building built in 2009 with 29 residential lofts and 8,300 SF commercial space with elevator; Residential lofts feature 20' ceilings; 29 units are fully occupied, including 6 affordable units; Commercial space: half leased for $14,000/month to a high‑end gym; projected full commercial lease gross income ~$2,352,375