Mixed-Use Building with
6523 11th Avenue, Brooklyn, NY 11219
For Sale
$2,750,000
A four-story configuration combines a commercial unit with seven two-bedroom residences and on-site parking.
Property Size6,640 SF
Lot Size0.05 Acres
Price / SF$414.16
Days on Market415
Property Features for 6523 11th Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Net Operating Income
Site & Location
Corner Location
Road Access
Public Transit
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Hardwood,Tile,Other
Gas
Other
8
6640
Full
Back
Brick
2000
Poured Concrete
20.00
20
1 Space
83.00
100
Yes
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License NY HC3855
(917) 708-9966
Source:
Suitsre
Added: Sep 25, 2025
Changed: Nov 13
Last Checked: Nov 13 at 4:19AM
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 Tiger Realty
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Investment Insights
Based on property information with market context.
The four-story building contains a commercial storefront currently used as an office, seven two-bedroom apartments, and one parking space. The property measures 6,640 square feet and occupies a 20-by-100-foot lot, with a 20-by-83-foot building footprint. It was built in 1926 and is zoned R6B, C1-3.
Located on 11th Avenue in Brooklyn, the property is near shops, restaurants, grocery stores, parks, and the N train station. Chinatown on 8th Avenue is also nearby.
Located on 11th Avenue in Brooklyn, the property is near shops, restaurants, grocery stores, parks, and the N train station. Chinatown on 8th Avenue is also nearby.
Key Highlights
- Four‑story mixed‑use building with one commercial storefront and seven two‑bedroom apartments
- 6,640‑square‑foot property on a 20‑by‑100‑foot lot
- Building footprint measures 20 by 83 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,132
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,442,640
$3.4M
Cap Rate 7%
$2,459,029
$2.5M
Cap Rate 9%
$1,912,578
$1.9M
Market Conditions
NOI Build-Up for 6,640 SF
Gross rent
$326.7K $49.20/SF
− Vacancy
−$13.7K −$2.07/SF
EGI
$313.0K $47.13/SF
− OpEx
−$140.8K −$21.21/SF
NOI
$172.1K $25.92/SF
Area
ZIP 11219
Vacancy
4.20%
Lease Rate
$49.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,442,640
Cap Rate 7%
$2,459,029
Cap Rate 9%
$1,912,578
Alternative Uses
Best Use
Apartment 5plus
$2.46M
$2.15M – $2.87M
NOI $172,132 @ 7.0% cap · market cap 6.26%
Second Best
Mixed Use
$2.22M
$1.94M – $2.59M
NOI $155,127 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$4.30M
$3.77M – $5.02M
NOI $301,318 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,636
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A four-story configuration combines a commercial unit with seven two-bedroom residences and on-site parking.
Where is this mixed-use property located?
The property is located at 6523 11th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Four‑story mixed‑use building with one commercial storefront and seven two‑bedroom apartments; 6,640‑square‑foot property on a 20‑by‑100‑foot lot; Building footprint measures 20 by 83 feet
