Mixed-Use Building with High
467 Keap St Brooklyn, NY 11211
467 Keap St, Brooklyn, NY, 11211
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For Sale
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Ten-story mixed-use building featuring residential lofts and commercial space.
Property Size77,664 SF
Lot Size0.41 Acres
Price / SF$309.02
Days on Market1205
Property Features for 467 Keap St
General Information
- Standard status
- Active
- Size
- 77,664 SF
- Lot size
- 0.41 Acres
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 2009
Listing agency
Evergreen Realty and Investments
Listed by
Daniel Barcelowsky · License #NY
Source
Crexi
Added: Apr 5, 2023 Updated: Jul 6 at 8:19AM Checked: Jul 22 at 11:41AM
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 Evergreen Realty and Investments
Investment Insights
Based on property information with market context.
This ten-story mixed-use elevator building, constructed in 2009, features 29 fully occupied residential lofts with 20-foot ceilings, including 6 affordable units. The property also includes an 8,300-square-foot commercial unit with elevator access, half of which is recently leased to a high-end gym for $14,000 per month. Three levels of parking provide 60 spots, generating monthly income. There is potential to add 6,985 square feet of parking on the second-floor roof. The building includes cellar storage and a loading dock. A 421a tax exemption is in place until July 2038. Situated on a 96.08' x 183.33' lot, the building measures 77,664 square feet. The current gross annual income is $2,158,235, with a current net annual income of approximately $1,863,163. The legal residential rent roll is $1,401,975 per year. The projected total gross income with a full commercial lease is approximately $2,352,375. The actual cap rate is 7.76%.
Key Highlights
- High Net Annual Income: ~$1,863,163 with a 7.76% cap rate.
- Significant Income Potential: Projected gross income of ~$2,352,375 with full commercial lease.
- Long‑Term Tax Exemption: 421a tax exemption in place until July 2038.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
360 Management LLC
Property Management Company
Ainslie Tower
Apartment Building
Revenue Breakthrough
Business Management Consultant
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FAQs
What type of property is this?
Mixed-use property - Ten-story mixed-use building featuring residential lofts and commercial space.
Where is this mixed-use property located?
The property is located at 467 Keap St Brooklyn, NY.
What is the asking price?
The asking price for this property is $24,000,000.
What are key features of this property?
This property features: High Net Annual Income: ~$1,863,163 with a 7.76% cap rate.; Significant Income Potential: Projected gross income of ~$2,352,375 with full commercial lease.; Long‑Term Tax Exemption: 421a tax exemption in place until July 2038.
