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    Luxury Atelier & Designer Showroom Title is generated by Realmo AI

    821 39th Street, Brooklyn, NY 11232

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    For Sale
    $2,190,000

    COMMERCIAL - Brooklyn, NY

    Property size:
    3,500 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $625/SF
    Added:
    Mar 17, 2026
    Days on Market:
    90
    Last Refresh:
    Jun 14 at 7:06 pm

    Property Features for 821 39th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M1-2
    Parking features
    Carport
    Standard status
    Active
    Size
    3,500 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    19733

    Building Details

    Year built
    2000
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Block, Brick, Steel
    Roof type
    Flat

    We can help!

    Listing Contact
    Allen Z. Luo
    Allen Z. Luo

    Listing agent Allen Z. Luo License #10301219045

    Listing office Kirin Real Estate LLC 1186 Hylan Blvd, Grd Floor, Brooklyn, NY

    Listing date Mar 17, 2026

    MLS# 499743

    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.

    HighLights

    • Turnkey, two‑story luxury atelier and designer showroom with high‑end finishes.
    • Approximately 2,500 sq ft commercial building on a 3,500 sq ft lot in Sunset Park.
    • Premium material palette including White & Red Oak and bamboo detailing.
    • Private parking and a second‑floor terrace.
    • Four separate HVAC systems for flexible layouts and multi‑tenant use.
    • Minutes from NYC Subway D line at 9th Avenue Station in a high‑traffic area.

    Overview

    This two-story commercial building in Sunset Park, Brooklyn, is a turnkey luxury atelier and designer showroom. Built in 2000, the property spans approximately 2,500 interior square feet on a 3,500 square-foot lot. It features finished walls, architectural ceilings, and a premium material palette with White & Red Oak throughout the gallery level and bamboo detailing in the upstairs private studio. The property is enhanced by private parking and a second-floor terrace. The building is equipped with four separate HVAC systems to support flexible layouts and multi-tenant use. The property is located in a high-foot-traffic residential-and-commercial corridor, offering visibility and customer flow. It is located minutes from public transit, including the NYC Subway D line at 9th Avenue Station. The property is zoned M1-2 and is suitable for diverse business operations or investment growth.

    Local 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 $272.2k $77.76
    − Vacancy −$32.4k −$9.25
    EGI $239.8k $68.51
    − OpEx −$71.9k −$20.55
    NOI $167.8k $47.95
    3,500 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $167,841 @ 7.0% cap · market cap 7.66%
    Second Best
    Office B
    $1.25M
    $1.09M – $1.46M (±1% cap)
    NOI $87,318 @ 7.0% cap · market cap 3.99%
    Theoretical Best
    Specialty Retail
    $2.90M
    $2.54M – $3.38M (±1% cap)
    NOI $202,860 @ 7.0% cap · market cap 9.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mutant Mutiny Clothing Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Mzl-26 — 5015 10th Ave, Brooklyn, NY 11219
    • Pavilion 39 Ltd — 1478 39th St, Brooklyn, NY 11218
    • Platters&Co — 4023 13th Ave, Brooklyn, NY 11218
    • Exquisite Event Service — 684 45th St #3a, Brooklyn, NY 11220
    • Funny Hibachi Catering — 4716 7th Ave, Brooklyn, NY 11220

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.938976
    Latitude
    40.635572

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    FAQs

    What type of property is this?
    Flex space - Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.
    Where is this flex space located?
    The property is located at 821 39th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,190,000.
    What are key features of this property?
    This property features: Turnkey, two‑story luxury atelier and designer showroom with high‑end finishes.; Approximately 2,500 sq ft commercial building on a 3,500 sq ft lot in Sunset Park.; Premium material palette including White & Red Oak and bamboo detailing.
    (929) 460-0008
    We can help!
    Listing Contact
    Allen Z. Luo
    Allen Z. Luo
    Real Estate License ID: 10301219045
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