Class B Office & Medical
For Sale
$4,100,000
6201-6211 AVENUE U, Brooklyn, NY 11234
Multi-tenant four-story building with passenger elevator, built in 2009, and currently 75% leased with 3rd-floor vacancy.
Property Size12,000 SF
Lot Size0.10 Acres
Price / SF$341.67
Days on Market248
Property Features for 6201-6211 AVENUE U
General Information
Standard status
Active
Size
12,000 SF
Class
B
Lot size
0.10 Acres
Property subtype
General Commercial
Zoning
R4, C1-2
Occupancy
75%
Additional Details
Cap Rate
4.9%
Amenities
passenger elevator
3
Hardwood, Laminate
Intercom System
Dumpster, Extra Storage.
Building Details
Year Built
1925
Stories
4
Tenancy
Multi
Listing Agency:
United National Realty
(718) 979-8000
Listed By:
Michael Dukhovny
(718) 979-8000
Source:
Xome
Added: Dec 11, 2025
Changed: Aug 12
Last Checked: Aug 16 at 3:56AM
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 United National Realty
Investment Insights
Based on property information with market context.
Class B office and medical building constructed in 2009, offering approximately 12,000 square feet across four floors. The property is described as a fully equipped medical/professional building with higher-end finishes. A passenger elevator serves the building, supporting day-to-day tenant operations across multiple levels.
Located at 6201-6211 Avenue U in Brooklyn, the offering is presented as a strong owner-user or investor opportunity. The building is currently 75% leased on a multi-tenant basis, with vacancy identified on the 3rd floor (approximately 3,000 square feet).
The property sits on a 4,226 square foot lot measuring approximately 38 by 110. Zoning is listed as R4 and C1-2.
Located at 6201-6211 Avenue U in Brooklyn, the offering is presented as a strong owner-user or investor opportunity. The building is currently 75% leased on a multi-tenant basis, with vacancy identified on the 3rd floor (approximately 3,000 square feet).
The property sits on a 4,226 square foot lot measuring approximately 38 by 110. Zoning is listed as R4 and C1-2.
Key Highlights
- Approx. 12,000 SF four‑story, multi‑tenant office/medical building with passenger elevator
- Currently 75% leased with 3rd‑floor vacancy of approx. 3,000 SF
- Zoning: R4, C1‑2
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
$299,376
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
7.30%
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%
$5,987,520
$6.0M
Cap Rate 7%
$4,276,800
$4.3M
Cap Rate 9%
$3,326,400
$3.3M
Market Conditions
NOI Build-Up for 12,000 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
$518.4K $43.20/SF
− Vacancy
−$119.2K −$9.94/SF
EGI
$399.2K $33.26/SF
− OpEx
−$99.8K −$8.32/SF
NOI
$299.4K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
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%
$5,987,520
Cap Rate 7%
$4,276,800
Cap Rate 9%
$3,326,400
Alternative Uses
Best Use
Office B
$4.28M
$3.74M – $4.99M
NOI $299,376 @ 7.0% cap · market cap 7.30%
Second Best
Healthcare Medical
$3.97M
$3.48M – $4.64M
NOI $278,208 @ 7.0% cap · market cap 6.79%
Theoretical Best
Specialty Retail
$9.94M
$8.69M – $11.59M
NOI $695,520 @ 7.0% cap · market cap 16.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant four-story building with passenger elevator, built in 2009, and currently 75% leased with 3rd-floor vacancy.
Where is this office building located?
The property is located at 6201-6211 AVENUE U Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Approx. 12,000 SF four‑story, multi‑tenant office/medical building with passenger elevator; Currently 75% leased with 3rd‑floor vacancy of approx. 3,000 SF; Zoning: R4, C1‑2
