Mixed-Use Building with Vacant
6909 6th Avenue Brooklyn, NY 11209
For Sale
$1,600,000
Mixed-use property includes a vacant storefront; tenants pay their own heat and hot water, and apartments are month-to-month.
Property Size2,292 SF
Price / SF$698.08
Days on Market26
Property Features for 6909 6th Avenue
General Information
- Standard status
- Active
- Size
- 2,292 SF
- Property subtype
- Mixed Use
Listing Agency:
Empire State Realty Group
(646) 932-4442
Listed By:
Ying Non (Richard) Chin · License #yc1209
(646) 932-4442
Source:
Compass
Added: Jun 30
Changed: Jul 22
Last Checked: Jul 24 at 12:38PM
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 Empire State Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property includes a vacant storefront and residential units. The offering notes that tenants pay their own heat and hot water, and that all apartments are without leases.
Located at 6909 6th Avenue in Bay Ridge, the property is described as close to transportation, shopping, a theater, highways, and a school.
The property is presented for sale with an “excellent rent roll,” and appointments require a letter of authorization to be accompanied.
Located at 6909 6th Avenue in Bay Ridge, the property is described as close to transportation, shopping, a theater, highways, and a school.
The property is presented for sale with an “excellent rent roll,” and appointments require a letter of authorization to be accompanied.
Key Highlights
- Mixed‑use building with 1 unit total and brick exterior
- Vacant storefront available alongside existing rental space
- Apartments are month‑to‑month with tenants paying own heat and hot water
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 | $178.2k | $77.76 |
| − Vacancy | −$21.2k | −$9.25 |
| EGI | $157.0k | $68.51 |
| − OpEx | −$47.1k | −$20.55 |
| NOI | $109.9k | $47.95 |
2,292 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,912 @ 7.0% cap · market cap 6.87%
Second Best
Mixed Use
$1.19M
$1.04M – $1.39M
NOI $83,200 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$1.90M
$1.66M – $2.21M
NOI $132,844 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alltech Electrical Contracting
Corporate Office
FAQs
What type of property is this?
Mixed-use property - Mixed-use property includes a vacant storefront; tenants pay their own heat and hot water, and apartments are month-to-month.
Where is this mixed-use property located?
The property is located at 6909 6th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed‑use building with 1 unit total and brick exterior; Vacant storefront available alongside existing rental space; Apartments are month‑to‑month with tenants paying own heat and hot water
