Renovated Mixed-Use
For Sale
$999,999
Pending
4820 Ave N, Brooklyn, NY 11234
Commercial Sale, Brooklyn, NY
Property Size2,200 SF
Days on Market141
Property Features for 4820 Ave N
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Subdivision
Flatlands
High school district
000000
Standard status
Pending
Size
2,200 SF
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, residential
Amenities
private basement
backyard
Building Details
Architectural style
Other
Buildings
1
Listing Agency:
Compass
(646) 982-0353
Listed By:
Daniel Belisario
Added: Jun 5
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 11802127
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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Investment Insights
Based on property information with market context.
This mixed-use property at 4820 Avenue N combines a fully renovated vacant storefront with two residential apartments above. The commercial space includes separate access to a private basement and backyard, adding storage and operational flexibility. The building contains approximately 2,200 square feet overall, with the storefront prepared for a new occupant following the prior business’s tenancy.
Both residential units are currently leased. Apartment 2R has a lease running through 11/30/2026, while Apartment 2F is leased through 10/31/2026. The property is located in Brooklyn, NY 11234, within Kings County.
Both residential units are currently leased. Apartment 2R has a lease running through 11/30/2026, while Apartment 2F is leased through 10/31/2026. The property is located in Brooklyn, NY 11234, within Kings County.
Key Highlights
- Fully renovated vacant storefront at 4820 Ave N, Brooklyn, NY 11234
- Approximately 2,200 square feet of mixed‑use property
- Private basement access connected to the commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,860
Cap Rate
7.99%
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
Retail
$1.51M
$1.32M – $1.76M
NOI $105,500 @ 7.0% cap · market cap 10.55%
Second Best
Mixed Use
$1.14M
$998.3K – $1.33M
NOI $79,860 @ 7.0% cap · market cap 7.99%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.13M
NOI $127,512 @ 7.0% cap · market cap 12.75%
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
Lease Details
2
Residential units
Multi-tenant
Tenancy
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated storefront with basement and backyard access, plus two occupied residential apartments.
Where is this mixed-use property located?
The property is located at 4820 Ave N 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: Fully renovated vacant storefront at 4820 Ave N, Brooklyn, NY 11234; Approximately 2,200 square feet of mixed‑use property; Private basement access connected to the commercial space
