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Mixed-Use

626 Vanderbilt Avenue

626 Vanderbilt Ave, Brooklyn, NY 11238

Listing Price: $2,850,000

Cap Rate
5.80%
Number of Units
3
Occupancy
100.0%
Price/Unit
$950,000
Price/Gross SF
$909.09
Gross SF
3,135

Investment Overview

Marcus & Millichap are pleased to offer 626 Vanderbilt Avenue, a fully leased, income-generating mixed-use property in the heart of Brooklyn. The recently renovated building features two residential and one commercial unit, both providing strong rental income with room for growth. Residential rents are expected to rise by 10.76% over the next year, while the prime retail location ensures stable cash flow from commercial tenants with long-term leases.

Investment Highlights

  • 626 Vanderbilt Avenue, built in 1930, comprises 3 mixed-use units, spanning 3 stories, on a 19' x 70' lot, approx. 3,135 SF.
  • Tax Class: 1 | Zoning: R7A, C1-4 | 100% FM units
  • 626 Vanderbilt Avenue sits in Prospect Heights, with close proximity to Prospect Park / Grand Army Plaza and fast access to the Atlantic Avenue–Barclays transit hub.

Exclusively Listed By

Financing By

Mixed-Use

626 Vanderbilt Avenue

Listing Price: $2,850,000

Cap Rate
5.80%
Number of Units
3
Occupancy
100.0%
Price/Unit
$950,000
Price/Gross SF
$909.09
Gross SF
3,135

Investment Highlights

  • 626 Vanderbilt Avenue, built in 1930, comprises 3 mixed-use units, spanning 3 stories, on a 19' x 70' lot, approx. 3,135 SF.
  • Tax Class: 1 | Zoning: R7A, C1-4 | 100% FM units
  • 626 Vanderbilt Avenue sits in Prospect Heights, with close proximity to Prospect Park / Grand Army Plaza and fast access to the Atlantic Avenue–Barclays transit hub.

Investment Overview

Marcus & Millichap are pleased to offer 626 Vanderbilt Avenue, a fully leased, income-generating mixed-use property in the heart of Brooklyn. The recently renovated building features two residential and one commercial unit, both providing strong rental income with room for growth. Residential rents are expected to rise by 10.76% over the next year, while the prime retail location ensures stable cash flow from commercial tenants with long-term leases.

Exclusively Listed By

Financing By

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