Mixed-Use Building with Indoor
825 57th Street, Brooklyn, NY 11220
For Sale
$7,900,000
Two storefronts and six apartments combine commercial and residential occupancy in one property.
Property Size21,400 SF
Lot Size0.09 Acres
Price / SF$369.16
Days on Market51
Property Features for 825 57th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Public Transit
Mixed-Use Components
Additional Details
Multifamily Units
Amenities
Carpeting,Hardwood,Tile,Other
Gas
Other
21400
Cellar
Brick
4007
Poured Concrete
41.00
40
4 Spaces
100.00
100
Yes
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Momentum Real Estate LLC
Listed By:
Leo Chen
(718) 382-0001
Source:
Suitsre
Added: Sep 21
Changed: Nov 10
Last Checked: Nov 10 at 6:27AM
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 Momentum Real Estate LLC
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Investment Insights
Based on property information with market context.
This R6-zoned mixed-use building contains two commercial storefronts and six residential apartments. The 40-by-100-foot building occupies a lot of the same dimensions and includes a cellar, gas service, and four indoor parking spaces. Brick exterior construction and a 2003 year built are also noted in the property details.
The property is at 825 57th Street in Brooklyn, near 8th Avenue. Restaurants, supermarkets, shops, pharmacies, bakeries, and banks are among the nearby businesses, and public transportation is accessible from the area.
The property is at 825 57th Street in Brooklyn, near 8th Avenue. Restaurants, supermarkets, shops, pharmacies, bakeries, and banks are among the nearby businesses, and public transportation is accessible from the area.
Key Highlights
- Two commercial storefronts and six residential apartments
- 40‑by‑100‑foot building on a 40‑by‑100‑foot lot
- Four indoor parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$590,640
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,812,800
$11.8M
Cap Rate 7%
$8,437,714
$8.4M
Cap Rate 9%
$6,562,667
$6.6M
Market Conditions
NOI Build-Up for 21,400 SF
Gross rent
$1.03M $48.00/SF
− Vacancy
−$82.2K −$3.84/SF
EGI
$945.0K $44.16/SF
− OpEx
−$354.4K −$16.56/SF
NOI
$590.6K $27.60/SF
Area
ZIP 11220
Vacancy
8.00%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,812,800
Cap Rate 7%
$8,437,714
Cap Rate 9%
$6,562,667
Alternative Uses
Best Use
Mixed Use
$8.44M
$7.38M – $9.84M
NOI $590,640 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$8.15M
$7.13M – $9.51M
NOI $570,666 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$13.87M
$12.14M – $16.19M
NOI $971,115 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,626
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
$1,021,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two storefronts and six apartments combine commercial and residential occupancy in one property.
Where is this mixed-use property located?
The property is located at 825 57th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Two commercial storefronts and six residential apartments; 40‑by‑100‑foot building on a 40‑by‑100‑foot lot; Four indoor parking spaces
