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    OFF-MARKET
    Retail properties & Spaces

    725 Dumont Ave, Brooklyn, NY 11207

    8,640 SF 1.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two adjacent three-story mixed-use buildings situated at 715 and 725 Dumont Avenue in Brooklyn, New York, 11207. The property boasts a total of 8,640 square feet, with a net rentable area of 4,000 square feet. Each building features a commercial unit on the ground floor and five residential units above, totaling twelve units across both buildings. The buildings are situated on a 1.5-acre lot and are zoned R6. The property generates a substantial net operating income (NOI) of $291,571. Conveniently located just two blocks from the Pennsylvania Avenue subway station, residents and tenants enjoy easy access to the 2, 3, 4, and 5 subway lines. The surrounding neighborhood offers a variety of amenities, including the Brooklyn Public Library, Hyde Leadership Charter Middle School, and the Martin Luther King Jr. Playground. This property presents a rare chance to acquire a well-established, income-producing asset in a thriving Brooklyn location. The strong NOI and convenient location make this an attractive investment for both seasoned and emerging investors. The property's mixed-use nature provides diversification and potential for future growth. This is a turnkey opportunity with immediate income generation.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 8,640 SF
    Lot 1.5 ac (65,340 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • DESTRINI GROCERY Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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