One-Bedroom Residential Income
For Sale
$680,000
627 Dekalb Avenue 4A, Brooklyn, NY 11216
Contemporary residence with a private balcony, custom kitchen finishes, and access to extensive building amenities.
Property Size657 SF
Price / SF$1,035
Days on Market36
Property Features for 627 Dekalb Avenue 4A
General Information
Standard status
Active
Size
657 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,354
Amenities
fitness center
yoga room
rooftop terrace
private balcony
Building Details
Building Size
657 SF
Year Built
2019
Listing Agency:
Compass
(917) 251-7061
Listed By:
Alexandra Hedaya · License #10401348152
(917) 251-7061
Source:
Nilelundgren
Added: Jul 27
Changed: Aug 31
Last Checked: Aug 31 at 12:08AM
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 Compass
Investment Insights
Based on property information with market context.
This 657-square-foot, one-bedroom residence was designed by Isaac & Stern and completed in 2019. Its open living-and-dining arrangement is complemented by northwest-facing windows, while the kitchen features German-engineered Nolte cabinetry, Bertazzoni appliances, and Grohe fixtures. Large windows continue into the bedroom, which accommodates furniture and storage. A private balcony extends the living area outdoors.
The property is located at 627 Dekalb Avenue in Brooklyn’s Bed-Stuy neighborhood, across from Herbert Von King Park, Marcy Playground, and Kosciusko Pool. The G train is minutes away, with cafes, restaurants, and local shops nearby. Building amenities include a fitness center, yoga room, and rooftop terrace with views toward Brooklyn and Manhattan.
The property is located at 627 Dekalb Avenue in Brooklyn’s Bed-Stuy neighborhood, across from Herbert Von King Park, Marcy Playground, and Kosciusko Pool. The G train is minutes away, with cafes, restaurants, and local shops nearby. Building amenities include a fitness center, yoga room, and rooftop terrace with views toward Brooklyn and Manhattan.
Key Highlights
- 657‑square‑foot one‑bedroom residence completed in 2019
- Northwest‑facing windows and an open living‑and‑dining layout
- Private balcony with views of Herbert Von King Park, Marcy Playground, and Kosciusko Pool
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
$20,058
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
2.95%
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%
$401,160
$401.2K
Cap Rate 7%
$286,543
$286.5K
Cap Rate 9%
$222,867
$222.9K
Market Conditions
NOI Build-Up for 657 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
$37.2K $56.64/SF
− Vacancy
−$744 −$1.13/SF
EGI
$36.5K $55.51/SF
− OpEx
−$16.4K −$24.98/SF
NOI
$20.1K $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%
$401,160
Cap Rate 7%
$286,543
Cap Rate 9%
$222,867
Alternative Uses
Best Use
Apartment 5plus
$286.5K
$250.7K – $334.3K
NOI $20,058 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$544.0K
$476.0K – $634.7K
NOI $38,080 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Contemporary residence with a private balcony, custom kitchen finishes, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 627 Dekalb Avenue 4A Brooklyn, NY.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 657‑square‑foot one‑bedroom residence completed in 2019; Northwest‑facing windows and an open living‑and‑dining layout; Private balcony with views of Herbert Von King Park, Marcy Playground, and Kosciusko Pool
