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330 Halsey St 2,314 SF 100% Leased Retail Building Brooklyn, NY 11216 $1,888,000 ($815.90/SF) 7.29% Cap Rate
Investment Highlights
- Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Bed-Stuy For Sale!!!
- The Property Is Located In The Heart Of Brooklyn Just Blocks From Nostrand Ave. & Fulton Ave.!!!
- This Property Offers HUGE Upside Potential!!!
- The Property Features Excellent Signage, Great Exposure, R6B Zoning, 6 Parking Spaces, High 8’ Ceilings, Separate Meters, Low Property Taxes, +++!!!
- Neighbors Include USPS, UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, ++!
- This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Executive Summary
Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Bed-Stuy For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, 6 Parking Spaces, High 8’ Ceilings, Separate Meters, Low Property Taxes, Security Camera System, Rear Yard, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks From Nostrand Avenue & Fulton Avenue!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, Shake Shack, GameStop, Baskin-Robbins, Mobil, McDonald’s, Taco Bell, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! The Pizzeria Business Can Also Be Bought For An Additional $850k!!!
Income:
Pizzeria (1st Fl.+ LL + Yard): $67,512 Ann.; 4% Ann. Inc.; Lease Exp.: 5/1/27 + (3) 5 Year Options.
Unit 2 (3 Br. Apt.): $42,000 Ann. M-M.
Unit 3 (2 Br. Apt.): $39,600 Ann. Lease Exp.: 9/1/26.
Gross Income: $149,112 Ann.
Expenses:
Gas: $0 Ann. (Cooking Only)
Oil: $963 Ann. (Heat Only)
Electric: $0 Ann.
Water + Sewer: $2,497 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,283 Ann.
Taxes: $4,490.20 Ann.
Total Expenses: $11,483.20 Ann.
Net Operating Income (NOI): $137,628.80 Ann. (7.29% Cap!!!)
Income:
Pizzeria (1st Fl.+ LL + Yard): $67,512 Ann.; 4% Ann. Inc.; Lease Exp.: 5/1/27 + (3) 5 Year Options.
Unit 2 (3 Br. Apt.): $42,000 Ann. M-M.
Unit 3 (2 Br. Apt.): $39,600 Ann. Lease Exp.: 9/1/26.
Gross Income: $149,112 Ann.
Expenses:
Gas: $0 Ann. (Cooking Only)
Oil: $963 Ann. (Heat Only)
Electric: $0 Ann.
Water + Sewer: $2,497 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,283 Ann.
Taxes: $4,490.20 Ann.
Total Expenses: $11,483.20 Ann.
Net Operating Income (NOI): $137,628.80 Ann. (7.29% Cap!!!)
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$149,112
|
$64.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$149,112
|
$64.44
|
| Taxes |
$4,490
|
$1.94
|
| Operating Expenses |
$6,993
|
$3.02
|
| Total Expenses |
$11,483
|
$4.96
|
| Net Operating Income |
$137,629
|
$59.48
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $149,112 |
| Annual Per SF | $64.44 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $149,112 |
| Annual Per SF | $64.44 |
| Taxes | |
|---|---|
| Annual | $4,490 |
| Annual Per SF | $1.94 |
| Operating Expenses | |
|---|---|
| Annual | $6,993 |
| Annual Per SF | $3.02 |
| Total Expenses | |
|---|---|
| Annual | $11,483 |
| Annual Per SF | $4.96 |
| Net Operating Income | |
|---|---|
| Annual | $137,629 |
| Annual Per SF | $59.48 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,314 SF
Year Built
1910
Price
$1,888,000
Price Per SF
$815.90
Cap Rate
7.29%
NOI
$137,629
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.43
Lot Size
0.12 AC
Zoning
R6B
Parking
6 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
20’ on Halsey St
Amenities
- 24 Hour Access
- Fenced Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bakes & Cakes
- Manufacturing
- -
- -
- -
- Rocco Pizza III
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bakes & Cakes | Manufacturing | - | - | - | ||
| Rocco Pizza III | Retailer | - | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01847-0004 | Total Assessment | $90,180 |
| Land Assessment | $8,220 | Annual Taxes | $4,490 ($1.94/SF) |
| Improvements Assessment | $81,960 | Tax Year | 2025 |
Property Taxes
Parcel Number
01847-0004
Land Assessment
$8,220
Improvements Assessment
$81,960
Total Assessment
$90,180
Annual Taxes
$4,490 ($1.94/SF)
Tax Year
2025
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330 Halsey St
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