Mixed-Use Building with
4710 Avenue N, Brooklyn, NY 11234
For Sale
$1,090,000
A ground-floor restaurant operates beneath a separate two-bedroom residence with its own building systems.
Property Size2,200 SF
Lot Size0.04 Acres
Price / SF$495.45
Days on Market124
Property Features for 4710 Avenue N
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
RE/MAX Edge
(718) 288-3835
Listed By:
Kelly Wu · License #10401268467
(917) 916-2368
Source:
Adamstreetrealty
Added: Jul 8
Changed: Nov 7
Last Checked: Nov 7 at 9:25AM
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 RE/MAX Edge
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Investment Insights
Based on property information with market context.
This 2,200-square-foot mixed-use property combines a ground-level restaurant with an upstairs residence. The residential unit has two bedrooms, one full bathroom, a living room, a formal dining room, and a kitchen; the dining room could be reconfigured as a third bedroom. Gas, electricity, heating, and hot water are separate for each unit.
The property is at 4710 Avenue N in Brooklyn’s Flatlands/Old Mill Basin area, near Flatbush Avenue, Flatlands Avenue, and Kings Highway. Shopping, restaurants, schools, and public transportation are nearby, with service from the B9, B41, B46, B46 SBS, B47, B100, and Q35 bus lines.
The property is at 4710 Avenue N in Brooklyn’s Flatlands/Old Mill Basin area, near Flatbush Avenue, Flatlands Avenue, and Kings Highway. Shopping, restaurants, schools, and public transportation are nearby, with service from the B9, B41, B46, B46 SBS, B47, B100, and Q35 bus lines.
Key Highlights
- Mixed‑use property with a restaurant and one residential unit
- 2,200 square feet; built in 1931
- Upstairs residence has 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,860
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,200
$1.6M
Cap Rate 7%
$1,140,857
$1.1M
Cap Rate 9%
$887,333
$887.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$145.2K $66.00/SF
− Vacancy
−$17.4K −$7.92/SF
EGI
$127.8K $58.08/SF
− OpEx
−$47.9K −$21.78/SF
NOI
$79.9K $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%
$1,597,200
Cap Rate 7%
$1,140,857
Cap Rate 9%
$887,333
Alternative Uses
Best Use
Specialty Retail
$1.82M
$1.59M – $2.13M
NOI $127,512 @ 7.0% cap · market cap 11.70%
Second Best
Mixed Use
$1.14M
$998.3K – $1.33M
NOI $79,860 @ 7.0% cap · market cap 7.33%
Theoretical Best
—
—
same as Best Use
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
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,922
Businesses Nearby
166k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 30%
Groceries 10%
Hotels & Casinos 2%
McDonald's
Dining
44,677 visits/mo
0.2 miles
Speedway
Shops & Services
24,099 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,258 visits/mo
0.4 miles
Key Food
Groceries
17,150 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,136 visits/mo
0.1 miles
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor restaurant operates beneath a separate two-bedroom residence with its own building systems.
Where is this mixed-use property located?
The property is located at 4710 Avenue N Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Mixed‑use property with a restaurant and one residential unit; 2,200 square feet; built in 1931; Upstairs residence has 2 bedrooms and 1 full bath
