New Multifamily with Storefront,
6319 Fort Hamilton Parkway Brooklyn, NY 11219
6319 Fort Hamilton Parkway, Brooklyn, NY, 11219
$3,800,000
For Sale
$3,800,000
Newly built 3-family house with store and parking.
Property Size3,754 SF
Lot Size0.05 Acres
Price / SF$1,012
Days on Market65
Property Features for 6319 Fort Hamilton Parkway
General Information
- Standard status
- Active
- Size
- 3,754 SF
- Lot size
- 0.05 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2021
Listing Agency
RE/MAX Edge
(718) 612-3088
Listed by
ChaoHui Andrew Chen · License #CAC7832
(718) 612-3088
Source
Compass
Added: May 16 Checked: Jul 19 at 4:17 am
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 RE/MAX Edge
Investment Insights
Based on property information with market context.
This newly constructed mixed-use property features a three-family house with an integrated storefront. The building occupies a 20.4 x 48 square foot footprint on a 20.4 x 93.9 square foot lot. Located on Fort Hamilton Parkway and 64th Street, the property includes two parking spots located in the backyard. The building size is 3754 square feet. The property is intended as an investment opportunity with a potential yearly income exceeding $220,000. The property is being sold with vacant possession.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
Local Financial Insights For Multifamily LT 5
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 | $162.2k | $43.20 |
| − Vacancy | −$7.3k | −$1.94 |
| EGI | $154.9k | $41.26 |
| − OpEx | −$46.5k | −$12.38 |
| NOI | $108.4k | $28.88 |
3,754 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.55M
$1.36M – $1.81M
NOI $108,413 @ 7.0% cap · market cap 2.85%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,317 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,354 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Newly built 3-family house with store and parking.
Where is this mixed-use property located?
The property is located at 6319 Fort Hamilton Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
