Prime Corner Mixed-Use Building | 6 Apartments and 5 Commercial
$4,000,000
1321 Avenue J, Brooklyn, NY 11230
For Sale
Mixed Use
Active
Last Updated: 09/21/2026
5.5
Cap Rate
221,531
NOI
Details:
Cap Rate: 5.5%
NOI: $221,531
Building Size: 7,770 sqft
Units: 11
Year Built: 1915
Price Per Sqft: $515
Zoning: C4-4A / R7A equiv.
Floors: 4
Highlights:
- Substantial Rental Upside: Positioned for significant revenue growth by transitioning below-market commercial leases to current market rates within a high-demand corridor.
- Strategic Mixed-Use Corner: A high-visibility, four-story asset featuring a balanced mix of 6 residential units and 5 commercial storefronts, ensuring a diversified and stable income stream.
- Premier Midwood Hub: Located in a high-density retail district, the property benefits from exceptional foot traffic and immediate access to the neighborhood’s best-in-class amenities.
Documents:
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Location
Gallery
