Duplex Retail
6911 Shore Road, Brooklyn, NY 11209
For Sale
$679,000
Commercial, Brooklyn, NY
Property Size1,496 SF
Lot Size0.24 Acres
Price / SF$453.88
Days on Market888
Property Features for 6911 Shore Road
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
2 bathrooms
counters
storage
closet space
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
Ben Bay Realty Co of Bay Ridge
Listed By:
Charles A. Fabbella
(718) 238-6080
Added: Jun 5, 2024
Changed: Oct 1
Last Checked: Nov 9 at 12:06PM
MLS# 483649
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,496-square-foot duplex commercial condominium occupies the first floor and is configured for retail or office use. The space includes two bathrooms, built-in counters, closets, and substantial storage. Block construction, a flat roof, and a 2002 construction date further define the property. R6A zoning is noted for the site.
The property is located at 6911 Shore Road in Brooklyn, across from Shore Road Park, the 69th Street Pier, and the 69th Street Ferry. Its condominium format offers an ownership opportunity for an operator seeking a commercial unit with an established interior configuration and practical support spaces.
The property is located at 6911 Shore Road in Brooklyn, across from Shore Road Park, the 69th Street Pier, and the 69th Street Ferry. Its condominium format offers an ownership opportunity for an operator seeking a commercial unit with an established interior configuration and practical support spaces.
Key Highlights
- 1,496‑square‑foot duplex commercial condominium
- Two bathrooms with counters, closets, and storage
- First‑floor unit configured for retail or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,322
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,440
$746.4K
Cap Rate 7%
$533,171
$533.2K
Cap Rate 9%
$414,689
$414.7K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$64.6K $43.20/SF
− Vacancy
−$14.9K −$9.94/SF
EGI
$49.8K $33.26/SF
− OpEx
−$12.4K −$8.32/SF
NOI
$37.3K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,440
Cap Rate 7%
$533,171
Cap Rate 9%
$414,689
Alternative Uses
Best Use
Retail
$1.02M
$896.8K – $1.20M
NOI $71,740 @ 7.0% cap · market cap 10.57%
Second Best
Office B
$533.2K
$466.5K – $622.0K
NOI $37,322 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$1.24M
$1.08M – $1.45M
NOI $86,708 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Brooklyn, NY
Properties on Market for Retail space in Brooklyn
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Two-level commercial condominium with two bathrooms, counters, closets, and storage.
Where is this retail space located?
The property is located at 6911 Shore Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1,496‑square‑foot duplex commercial condominium; Two bathrooms with counters, closets, and storage; First‑floor unit configured for retail or office use
