Property summary
This exceptional mixed-use investment opportunity presents a fully occupied, three-building complex in Brooklyn, NY, at 11207. The property boasts a total of 12,843 square feet, encompassing six 4-bedroom, 1-bathroom apartments and three retail spaces, all currently leased at 100% occupancy. Built in 2006, each of the three buildings features three stories and benefits from R4 zoning. The strategic location on a signalized intersection ensures high visibility and accessibility. The property sits on a 0.16-acre lot and offers a strong NOI of $348,130, translating to an attractive 8.29% cap rate. The asking price is $4,199,000, representing a price per square foot of $326.95. This stabilized investment features nine tenants under a multi-tenant lease structure. The property's three buildings are identified by APN numbers 03661-0120, 03661-0121, 03661-0122, and 03661-0123, and ownership is fee simple. This presents a rare opportunity to acquire a high-performing, mixed-use asset in a desirable Brooklyn location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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