Mixed-Use Building with
For Sale
$1,799,999
777 Flatbush Avenue, Brooklyn, NY 11226
Business Opportunity, Brooklyn, NY
Property Size3,180 SF
Price / SF$566.04
Days on Market15
Property Features for 777 Flatbush Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 4
Security features
Security System
Subdivision
Flatbush
Standard status
Active
Size
3,180 SF
Taxes and HOA fees
Tax Annual Amount
25501
Utilities
Heating system
Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Flooring type
Hardwood
Building materials
Masonite, Brick
Roof type
Rubber
Architectural style
Other
Listing Agency:
CARRIAGE HOUSE MANAGEMENT AND REALTY CORP
(347) 273-1349
Listed By:
Anthony Piazza
(718) 494-2005
Added: Sep 22
Changed: Oct 6
Last Checked: Oct 6 at 10:06AM
MLS# 11996020
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,180-square-foot mixed-use building contains two three-bedroom apartments and a store. Built in 1910, it has brick and Masonite exterior materials, hardwood flooring, and a rubber roof. Heating is provided by natural-gas-fired baseboard systems, and the building draws water from a public source.
Key Highlights
- Two three‑bedroom apartments and a store
- 3,180 square feet
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,549
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,490,980
$1.5M
Cap Rate 7%
$1,064,986
$1.1M
Cap Rate 9%
$828,322
$828.3K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$141.2K $44.40/SF
− Vacancy
−$5.6K −$1.78/SF
EGI
$135.5K $42.62/SF
− OpEx
−$61.0K −$19.18/SF
NOI
$74.5K $23.44/SF
Area
ZIP 11226
Vacancy
4.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,490,980
Cap Rate 7%
$1,064,986
Cap Rate 9%
$828,322
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$931.9K – $1.24M
NOI $74,549 @ 7.0% cap · market cap 4.14%
Second Best
Mixed Use
$1.01M
$882.5K – $1.18M
NOI $70,596 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,023 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,704
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 17%
Groceries 12%
Apparel 10%
McDonald's
Dining
33,086 visits/mo
0.1 miles
Shell
Shops & Services
18,428 visits/mo
0.4 miles
Burger King
Dining
9,156 visits/mo
0.5 miles
Key Food
Groceries
8,980 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
8,146 visits/mo
0.5 miles
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines apartment units with a commercial store in one building.
Where is this mixed-use property located?
The property is located at 777 Flatbush Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Two three‑bedroom apartments and a store; 3,180 square feet; Built in 1910
