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Property profile

0 Vermont St Brooklyn, NY 11207

OFF-MARKET
Retail properties & Spaces
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12,843 SF 0.16 ac lot Built 2006

Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 12,843 SF
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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