realty.studios
Search · P-761

721 Flushing Avenue

Brooklyn · 11206 new
1450 sf $74.00/sf/yr ~7–12 units BE $1144/u · 21% over mkt
office
1 listing · 1 source · 1 lead · oldest post 1d ago · upd 10h ago · → review + contact
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Brooklyn area →
places
183
leads
183
asks tracked
—
mkt ask
$946/mo (all)
median breakeven
$596/u
median asking
$34.00/sf

Estimates

11
units to cover costs
13
incl. build payback
10
fit (comfortable)
-1
headroom
$-3,318
profit/mo @ mkt
$9,727
monthly cost
at $946/unit area ask, fully rented · headroom = units you could skip building and turn into community space (or cushion to push rents) · profit at 85% occupancy incl. build payback
12
units
~80 sf
net / unit
$954
break-even / unit
$1093
all-in / unit
$-1,502
profit/mo @ mkt
$9,727
cost / mo
120 sf
shared / zone
$85,372
capex (build)
10
units
~90 sf
net / unit
$1144
break-even / unit
$1336
all-in / unit
$-3,318
profit/mo @ mkt
$9,727
cost / mo
150 sf
shared / zone
$97,856
capex (build)
7
units
~100 sf
net / unit
$1635
break-even / unit
$1969
all-in / unit
$-6,090
profit/mo @ mkt
$9,727
cost / mo
300 sf
shared / zone
$119,409
capex (build)
monthly cost = master rent + utilities + opex · break-even/unit = monthly cost ÷ (units × 85%) · profit/mo = units × 85% × $946 avg market ask − monthly cost − capex amort (5 yrs) · calculator →

Photos (30) · ✕ hides one you've seen (kept, restorable)

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Leads (1)

Listings (1)

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