Detached Multifamily
For Sale
Contact for pricing
527 Willoughby Ave, Brooklyn, NY 11206
Detached building with R6A zoning on a 25 by 100 lot in Brooklyn.
Property Size4,140 SF
Lot Size0.06 Acres
Price / SF$603.86
Days on Market8
Property Features for 527 Willoughby Ave
General Information
Standard status
Active
Size
4,140 SF
Lot size
0.06 Acres
Property subtype
Multifamily
Zoning
R6A
Building Details
Year Built
1910
Listing Agency:
Realty One Group Dynasty
Listed By:
Anthony Carollo · License #31CA0944140
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 18 at 9:30AM
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 Realty One Group Dynasty
Investment Insights
Based on property information with market context.
This detached multifamily property contains 4,140 square feet on a 25 by 100 lot. Built in 1910, the building is classified under R6A zoning and is located at 527 Willoughby Ave in Brooklyn, New York.
The property offers a multifamily configuration within the Bedford-Stuyvesant area of Brooklyn. Its detached structure, lot dimensions, building size, zoning designation, and established construction date provide the core physical and regulatory details for evaluating the asset.
The property offers a multifamily configuration within the Bedford-Stuyvesant area of Brooklyn. Its detached structure, lot dimensions, building size, zoning designation, and established construction date provide the core physical and regulatory details for evaluating the asset.
Key Highlights
- 4,140‑square‑foot detached multifamily building
- 25 by 100 lot
- R6A zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$126,390
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,527,800
$2.5M
Cap Rate 7%
$1,805,571
$1.8M
Cap Rate 9%
$1,404,333
$1.4M
Market Conditions
NOI Build-Up for 4,140 SF
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.
Gross rent
$234.5K $56.64/SF
− Vacancy
−$4.7K −$1.13/SF
EGI
$229.8K $55.51/SF
− OpEx
−$103.4K −$24.98/SF
NOI
$126.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,527,800
Cap Rate 7%
$1,805,571
Cap Rate 9%
$1,404,333
Alternative Uses
Best Use
Apartment 5plus
$1.81M
$1.58M – $2.11M
NOI $126,390 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.43M
$3.00M – $4.00M
NOI $239,954 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Detached building with R6A zoning on a 25 by 100 lot in Brooklyn.
Where is this multifamily property located?
The property is located at 527 Willoughby Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: 4,140‑square‑foot detached multifamily building; 25 by 100 lot; R6A zoning
