Daycare Center with Educational
New
For Sale
$1,340,000
625 Rogers Avenue, Brooklyn, NY 11225
The space is configured for daycare and educational operations within a recently built residential condominium.
Property Size2,100 SF
Price / SF$638.10
Days on Market2
Property Features for 625 Rogers Avenue
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Urban-High Street
Zoning
R6/C2-3
Amenities
2,100 SF new-construction retail condo located at the base of a 20-unit boutique condominium on Rogers Avenue in Prospect Lefferts Gardens in Brooklyn.
Currently built out as a daycare/educational center. The unit has Use Group 6 designation, which allows for all retail and commercial uses. The unit will be delivered vacant at closing.
Significant ICAP Tax Abatement with annual real estate taxes of approximately $7,761. Located in the heart of residential are with thousands of housing units within a few blocks.
Building Details
Building Size
2,100 SF
Year Built
2022
Listing Agency:
New York City Office
Listed By:
Scott Plasky · License #License(s): NY: 40PL1176852
(212) 430-5229
Source:
Marcusmillichap
Added: Oct 7
Last Checked: Oct 7 at 2:17PM
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 New York City Office
Investment Insights
Based on property information with market context.
This 2,100-square-foot commercial condominium at 625 Rogers Avenue has an existing daycare and educational layout. The space occupies the ground level of a residential condominium building completed in 2022, which contains 20 units.
The property is in an R6/C2-3 zoning district and carries a Use Group 6 designation. Its location on Rogers Avenue is between Clarkson Avenue and Parkside Avenue in Brooklyn.
The property is in an R6/C2-3 zoning district and carries a Use Group 6 designation. Its location on Rogers Avenue is between Clarkson Avenue and Parkside Avenue in Brooklyn.
Key Highlights
- 2,100‑square‑foot commercial condominium
- Existing daycare and educational buildout
- Located at the base of a 20‑unit condominium building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,705
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,100
$2.0M
Cap Rate 7%
$1,438,643
$1.4M
Cap Rate 9%
$1,118,944
$1.1M
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$163.3K $77.76/SF
− Vacancy
−$19.4K −$9.25/SF
EGI
$143.9K $68.51/SF
− OpEx
−$43.2K −$20.55/SF
NOI
$100.7K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,100
Cap Rate 7%
$1,438,643
Cap Rate 9%
$1,118,944
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,705 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.74M
$1.52M – $2.03M
NOI $121,716 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,886
Businesses Nearby
159k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 31%
Groceries 24%
Beauty & Spa 3%
McDonald's
Dining
33,086 visits/mo
0.4 miles
Shell
Shops & Services
18,428 visits/mo
0.5 miles
BP
Shops & Services
17,442 visits/mo
0.3 miles
BP
Shops & Services
16,358 visits/mo
0.5 miles
Key Food Supermarkets
Groceries
13,741 visits/mo
0.2 miles
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Aim High Children Services — 83 Marlborough Rd, Brooklyn, NY 11226
- Babies Laine Daycare — 68 E 19th St, Brooklyn, NY 11226
- How They Grow Daycare — 50 E 19th St, Brooklyn, NY 11226
- Safety First Daycare — 1700 Albemarle Rd, Brooklyn, NY 11226
- Ms. Verna's NeighborSchool — 2111 albemarle rd apt. b 4th floor, brooklyn, ny 11226
Frequently Asked Questions
What type of property is this?
Day care center - The space is configured for daycare and educational operations within a recently built residential condominium.
Where is this day care center located?
The property is located at 625 Rogers Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: 2,100‑square‑foot commercial condominium; Existing daycare and educational buildout; Located at the base of a 20‑unit condominium building
