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All-Brick Retail Building
For Sale
$2,050,000

815 65th Street, Brooklyn, NY 11220

COMMERCIAL - Brooklyn, NY

Property Size1,920 SF
Lot Size0.05 Acres
Price / SF$1,067
Days on Market52

Property Features for 815 65th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1-1
Subdivision Sunset Park
Standard status Active
Size 1,920 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 26009

Building Details

Year built 1930
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Flat
Listing Agency: Metro Realty Professionals
Listed By: Rui (Nancy) L Wu · License #10491203971
Added: Jun 11 Changed: Jul 27 Last Checked: Aug 1 at 12:06PM
MLS# 502269

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.

Investment Insights

Based on property information with market context.

This all-brick commercial building at 815 65th Street offers a main floor retail space with an open layout, supported by very high ceilings. In addition to the main floor area, the property includes a private office space for on-site administration or customer support.

The property is listed for M1-1 zoning and is positioned for a high-traffic retail environment, with easy access to the BQE as noted in the listing. The existing configuration is described as retail and suitable for certain community facility uses, depending on how an owner/operator intends to fit out the space.

With an open main floor and dedicated private office space, the building provides a straightforward interior plan for businesses seeking to establish their own operating layout.

Key Highlights

  • All‑brick building built in 1930
  • Main floor offers 1,920 sq. ft. with very high ceilings
  • Includes 600 sq. ft. private office space

Financial Insights For Office B

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 $96.8k $50.40
− Vacancy −$20.3k −$10.58
EGI $76.4k $39.82
− OpEx −$19.1k −$9.95
NOI $57.3k $29.86
1,920 SF · lease $50.40/SF/yr · vacancy 21.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$819.1K
$716.7K – $955.6K (±1% cap)
NOI $57,335 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$724.1K
$633.6K – $844.8K (±1% cap)
NOI $50,690 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $87,128 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Deluxe Dental Studios ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Auto Parts Store Hotel & Motel Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,717
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - All-brick building with open main floor, private office, and very high ceilings, with easy BQE access.
Where is this retail space located?
The property is located at 815 65th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: All‑brick building built in 1930; Main floor offers 1,920 sq. ft. with very high ceilings; Includes 600 sq. ft. private office space
More about this property
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