Mixed-Use Property With Medical
7515 13th Avenue, Brooklyn, NY 11220
For Sale
$2,080,000
The building combines a medical office with two two-bedroom apartments.
Property Size3,000 SF
Price / SF$693.33
Days on Market152
Property Features for 7515 13th Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Office Units
Additional Details
Condition
Tenant in Place
Property Use
Amenities
Hardwood,Tile
Gas
4+
3
3000
Finished,Full
Back
Brick
1600
Slab Concrete
20
80
Yes
Building Details
Tenancy
Listing Agency:
RE/MAX Edge
Listed By:
Rong Feng Li · License NY RFL8266
(917) 622-0960
Source:
Suitsre
Added: Jun 15
Changed: Nov 11
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 RE/MAX Edge
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 7515 13th Avenue, this 3,000-square-foot mixed-use building contains a medical office and two two-bedroom apartments. Brick construction and hardwood and tile finishes are among the documented property features.
The property is on 13th Avenue in Brooklyn. The B64 bus operates outside the building, with access to the N and D subway lines. The Belt Parkway and Verrazzano-Narrows Bridge are also identified as nearby driving connections.
The property is on 13th Avenue in Brooklyn. The B64 bus operates outside the building, with access to the N and D subway lines. The Belt Parkway and Verrazzano-Narrows Bridge are also identified as nearby driving connections.
Key Highlights
- One medical office and two two‑bedroom apartments
- 3,000‑square‑foot mixed‑use property
- Brick exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,586
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,720
$1.8M
Cap Rate 7%
$1,279,800
$1.3M
Cap Rate 9%
$995,400
$995.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$151.2K $50.40/SF
− Vacancy
−$31.8K −$10.58/SF
EGI
$119.4K $39.82/SF
− OpEx
−$29.9K −$9.95/SF
NOI
$89.6K $29.86/SF
Area
ZIP 11220
Vacancy
21.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,720
Cap Rate 7%
$1,279,800
Cap Rate 9%
$995,400
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,586 @ 7.0% cap · market cap 4.31%
Second Best
Mixed Use
$1.18M
$1.04M – $1.38M
NOI $82,800 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,138 @ 7.0% cap · market cap 6.55%
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
1
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,660
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
$1,021,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines a medical office with two two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 7515 13th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: One medical office and two two‑bedroom apartments; 3,000‑square‑foot mixed‑use property; Brick exterior
