Vermont St Brooklyn, NY 11207
- Retail properties
- 12,843 SF
- 0.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Vermont St
- Year built
- 2006
- Lot size
- 0.16 lot acres
- Property size
- 12,843 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8925
- Latitude
- 40.6666
