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  • 408 Rogers Avenue
  • $ 1,850,000
408 Rogers Avenue Brooklyn NY 11225
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408 Rogers Avenue

Prospect Leffert Gdn   |   Sterling Street & Lefferts Avenue
Listing ID: 104468TH

  • $ 1,850,000
  • Bedrooms
  • Bathrooms
  • Low-RiseBuilding Type
  • 850/79 Approx. SF/SM

  • Details
    • Mixed UseOwnership
    • $ 120,288Anual RE Taxes
    • 20'x50'Building Size
    • 20'x82'Lot Size
    • 1908Year Built
    • ActiveStatus

408 Rogers Avenue Brooklyn NY 11225
  • Description
  • 408 Rogers Ave. — Prospect Lefferts Gardens Asking Price: $1,850,000 | NOI: $114,460 | Cap Rate: 6.19% Presenting this robust mixed-use building, featuring one of Brooklyn's most elegant and authentic commercial restaurant, lounge, and music venues in the borough. The property also offers two spacious split-bedroom, identical residential units — one with private outdoor space. Priced at $1,850,000 with an NOI of $114,460, this offering delivers a strong 6.19% cap rate — a compelling return backed by stable, quality income streams. The continued renaissance of all things PLG is truly dynamic. Rogers Ave. has added a wealth of goods and services enhancing the lifestyle of the community. Subway access is abundant, with easy access to the 2/5/Q/B/S lines. Prospect Park and the Brooklyn Botanic Garden are both close by, and Lindl, Lincoln Market, and Western Beef offer a variety of quality supermarkets nearby. Both two-bedroom/one-bath units are impeccable, sitting comfortably above the retail space in vibrant Prospect Lefferts Gardens. Each is a bright floor-through featuring new floors, appliances, lighting, and split-systems alongside radiators. One unit offers a large private outdoor space, adding tremendous value throughout spring, summer, and fall. Both units present spacious living areas with separate dining areas, offering tremendous comfort and livability. The commercial space is something the building owner can truly be proud of — a well-received venue that draws an elegant yet authentic crowd, with an aesthetic among the best in Brooklyn. Of tremendous additional value: roughly 1,500 sq. ft. of buildable space represented in additional FAR — offering strong upside potential beyond the current 6.19% return. This is a rare opportunity to acquire an income-producing asset in one of Brooklyn's fastest-growing neighborhoods. At a 6.19% cap rate, 408 Rogers Ave. offers an attractive yield for both cash-flow-focused and long-term investors. With turnkey residential units, a thriving commercial tenant, and roughly 1,500 sq. ft. of untapped FAR, the property combines steady income with real upside. Ownership is ready to engage with serious, qualified buyers. Full financials available upon request — schedule your showing today.

    408 Rogers Ave. — Prospect Lefferts Gardens Asking Price: $1,850,000 | NOI: $114,460 | Cap Rate: 6.19% Presenting this robust mixed-use building, featuring one of Brooklyn's most elegant and authentic commercial restaurant, lounge, and music venues in the borough. The property also offers two spacious split-bedroom, identical residential units — one with private outdoor space. Priced at $1,850,000 with an NOI of $114,460, this offering delivers a strong 6.19% cap rate — a compelling return backed by stable, quality income streams. The continued renaissance of all things PLG is truly dynamic. Rogers Ave. has added a wealth of goods and services enhancing the lifestyle of the community. Subway access is abundant, with easy access to the 2/5/Q/B/S lines. Prospect Park and the Brooklyn Botanic Garden are both close by, and Lindl, Lincoln Market, and Western Beef offer a variety of quality supermarkets nearby. Both two-bedroom/one-bath units are impeccable, sitting comfortably above the retail space in vibrant Prospect Lefferts Gardens. Each is a bright floor-through featuring new floors, appliances, lighting, and split-systems alongside radiators. One unit offers a large private outdoor space, adding tremendous value throughout spring, summer, and fall. Both units present spacious living areas with separate dining areas, offering tremendous comfort and livability. The commercial space is something the building owner can truly be proud of — a well-received venue that draws an elegant yet authentic crowd, with an aesthetic among the best in Brooklyn. Of tremendous additional value: roughly 1,500 sq. ft. of buildable space represented in additional FAR — offering strong upside potential beyond the current 6.19% return. This is a rare opportunity to acquire an income-producing asset in one of Brooklyn's fastest-growing neighborhoods. At a 6.19% cap rate, 408 Rogers Ave. offers an attractive yield for both cash-flow-focused and long-term investors. With turnkey residential units, a thriving commercial tenant, and roughly 1,500 sq. ft. of untapped FAR, the property combines steady income with real upside. Ownership is ready to engage with serious, qualified buyers. Full financials available upon request — schedule your showing today.

    Listing Courtesy of Corcoran Group
  • Contact
  • Matthew Coleman

    License Licensed As: Matthew K. Coleman

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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  • Contact
  • Matthew Coleman

    License Licensed As: Matthew K. Coleman

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.