Four-Unit Mixed-Use
New
For Sale
$3,395,000
6901 15th Avenue, Brooklyn, NY 11220
Four residences sit above street-level commercial space, with a built-in garage as an additional building feature.
Property Size6,300 SF
Lot Size0.05 Acres
Price / SF$538.89
Days on Market3
Property Features for 6901 15th Avenue
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.05 Acres
Property subtype
Mixed Use
Amenities
built-in garage
Building Details
Buildings
1
Construction
full brick
Listing Agency:
Ashford Homes LLC
Listed By:
Jia Huang · License #JH5391
(929) 364-1301
Source:
Prideestates
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:35AM
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 Ashford Homes LLC
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Investment Insights
Based on property information with market context.
At 6901 15th Avenue, this mixed-use building combines four residential units with ground-floor commercial space. The full-brick structure occupies a 21-by-100-foot lot, with the building extending across the same 21-by-100-foot footprint. A built-in garage is also part of the property.
The corner building is on 15th Avenue in Bensonhurst, Brooklyn. Shopping, dining, schools, and public transportation are nearby, and the property has access to 15th Avenue.
The corner building is on 15th Avenue in Bensonhurst, Brooklyn. Shopping, dining, schools, and public transportation are nearby, and the property has access to 15th Avenue.
Key Highlights
- Four residential units above ground‑floor commercial space
- 21' x 100' lot with a full 21' x 100' building footprint
- Built‑in garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$187,580
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,751,600
$3.8M
Cap Rate 7%
$2,679,714
$2.7M
Cap Rate 9%
$2,084,222
$2.1M
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$279.7K $44.40/SF
− Vacancy
−$11.7K −$1.86/SF
EGI
$268.0K $42.54/SF
− OpEx
−$80.4K −$12.76/SF
NOI
$187.6K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,751,600
Cap Rate 7%
$2,679,714
Cap Rate 9%
$2,084,222
Alternative Uses
Best Use
Multifamily LT 5
$2.68M
$2.34M – $3.13M
NOI $187,580 @ 7.0% cap · market cap 5.53%
Second Best
Mixed Use
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$4.08M
$3.57M – $4.76M
NOI $285,889 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residences sit above street-level commercial space, with a built-in garage as an additional building feature.
Where is this mixed-use property located?
The property is located at 6901 15th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Four residential units above ground‑floor commercial space; 21' x 100' lot with a full 21' x 100' building footprint; Built‑in garage
