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    Mixed-Use Property, Brooklyn Title is generated by Realmo AI

    5020 Avenue D, Brooklyn, NY 11203

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    For Sale
    $849,900

    Mixed-use property with store and two apartments, great potential.

    Type:Commercial
    Property size:
    1,320 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $643/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 9:03 am

    Property Features for 5020 Avenue D

    General Information

    Standard status
    Active
    Size
    1,320 SF
    Lot size
    0.04 Acres
    Property subtype
    Commercial

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    Margarita M. Garcia
    Margarita M. Garcia

    Listing office

    Listing date Mar 10, 2026

    Source Elliman

    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 Margarita M. Garcia

    HighLights

    • Mixed‑use property featuring a store and two apartments
    • All units rented, ensuring immediate income
    • Vacant store unit with $2,700 potential monthly income
    • Two apartments with potential monthly rental income of $2,000 and $1,400 respectively
    • Ideal for investors or end‑users
    • Lot size 20X80 and building dimension 20X66 ft

    Overview

    This mixed-use property presents an opportunity for investors or end users. It features a storefront space available without a lease, which could generate a monthly rental income of $2,700. Additionally, there are two two-bedroom apartments, also without leases, that currently yield monthly rents of $2,000 and $1,400, respectively. The property is situated on a 20x80 ft lot, with the building itself measuring 20x66 ft. All units are currently rented, suggesting potential for income growth. This building is suitable as an investment or for future owner-occupiers.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $102.6k $77.76
    − Vacancy −$12.2k −$9.25
    EGI $90.4k $68.51
    − OpEx −$27.1k −$20.55
    NOI $63.3k $47.95
    1,320 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $904.3K
    $791.3K – $1.06M (±1% cap)
    NOI $63,300 @ 7.0% cap · market cap 7.45%
    Second Best
    Mixed Use
    $684.5K
    $599.0K – $798.6K (±1% cap)
    NOI $47,916 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Specialty Retail
    $1.09M
    $956.3K – $1.28M (±1% cap)
    NOI $76,507 @ 7.0% cap · market cap 9.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    TT HALL LLC Hotel & Motel Spark's Barber Shop Barber Shop The Beauty Spa Hair Salon

    Suggested Use

    Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Acupuncture Bar & Pub Tech Support Center Nursing Home Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9293
    Latitude
    40.6421

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with store and two apartments, great potential.
    Where is this mixed-use property located?
    The property is located at 5020 Avenue D Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: Mixed‑use property featuring a store and two apartments; All units rented, ensuring immediate income; **Vacant store unit with $2,700 potential monthly income**
    More about this property
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