664 New York Ave, Brooklyn, NY 11203
2,286 SF commercial condo in Prospect Lefferts Gardens area.
- Added:
- Feb 17, 2026
- Days on Market:
- 139
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 664 New York Ave
General Information
- Standard status
- Active
- Size
- 2,286 SF
- Property subtype
- Office, Retail
Listing office RE/MAX Real Estate Professionals (718) 532-2000
Listing date Feb 17, 2026
Source Crexi
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 Real Estate Professionals
HighLights
- Prime commercial ground floor condo in the Prospect Lefferts Gardens area.
- Massive 2,286 sqft of open space.
- 77 feet of street frontage with floor to ceiling windows.
- Opportunity to own and operate a business or lease for monthly cash flow.
- Minutes away from SUNY Downstate Hospital and the 2/5 trains.
- Rare brand‑new construction suitable for commercial/retail/office/medical use.
Overview
Local Financial Insights For Retail
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 | $177.8k | $77.76 |
| − Vacancy | −$21.2k | −$9.25 |
| EGI | $156.6k | $68.51 |
| − OpEx | −$47.0k | −$20.55 |
| NOI | $109.6k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.947609
- Latitude
- 40.657618
