0 Vermont StBrooklyn, NY 11207

For Sale
$4,199,000
High-yield, fully occupied multifamily & retail.

Overview

Added:
Dec 11, 2024
Days on market:
126
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.

Highlights

  • For Sale: Mixed-Use Building in Brooklyn, NY.
  • 12,843 SF building with six 4-bedroom, 1-bathroom apartments and three retail spaces, 100% occupied.
  • R4 zoning.
  • Built in 2006.
  • High-visibility corner location on a signalized intersection.

Property Details for 0 Vermont St

Property type
Retail properties, Mixed-use properties
Square Feet
12,843 SF
Year Built
2006
Buildings
3
Stories
3
Lot Size (sq. ft)
6,970 SF
Units
9

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.666581
Longitude
-73.892526
Vermont St, Brooklyn, New York

FAQs

What type of property is this?
Retail property - High-yield, fully occupied multifamily & retail.
Where is the retail property located?
The property is located at Vermont St Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,199,000.
What are key features of this property?
This property features: For Sale: Mixed-Use Building in Brooklyn, NY.; 12,843 SF building with six 4-bedroom, 1-bathroom apartments and three retail spaces, 100% occupied.; R4 zoning.
How can I contact the broker?
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0 Vermont St
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