Corner Storefront
New
For Sale
Contact for pricing
1087 Utica Avenue, Brooklyn, NY 11203
The vacant, single-level property occupies the junction of Beverley Road and Utica Avenue.
Property Size4,000 SF
Price / SF$0.05
Days on Market2
Property Features for 1087 Utica Avenue
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail - Street Retail
Additional Details
Corner Location
Yes
Building Details
Building Size
4,000 SF
Buildings
1
Stories
1
Listing Agency:
Tri State Commercial Realty
Listed By:
Shlomi Bagdadi · License #10311204539
(718) 437-6100
Source:
Commercialcafe
Added: Oct 19
Last Checked: Oct 19 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tri State Commercial Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000 SF storefront is a vacant, single-story commercial building at the corner of Beverley Road and Utica Avenue in Brooklyn. Its corner configuration and ground-level layout define the property’s existing physical form.
Transit options include the 2 and 5 trains at Beverly Road, along with B46, B7, B8, and B46-SBS bus service. Nearby businesses include Dunkin’, Popeyes Louisiana Kitchen, Mobil, Burger King, and Green Acres Farms.
Transit options include the 2 and 5 trains at Beverly Road, along with B46, B7, B8, and B46-SBS bus service. Nearby businesses include Dunkin’, Popeyes Louisiana Kitchen, Mobil, Burger King, and Green Acres Farms.
Key Highlights
- 4,000 SF vacant commercial building
- Single‑story corner property at Beverley Road and Utica Avenue
- 2 and 5 trains at Beverly Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,818
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,836,360
$3.8M
Cap Rate 7%
$2,740,257
$2.7M
Cap Rate 9%
$2,131,311
$2.1M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$311.0K $77.76/SF
− Vacancy
−$37.0K −$9.25/SF
EGI
$274.0K $68.51/SF
− OpEx
−$82.2K −$20.55/SF
NOI
$191.8K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,836,360
Cap Rate 7%
$2,740,257
Cap Rate 9%
$2,131,311
Alternative Uses
Best Use
Retail
$2.74M
$2.40M – $3.20M
NOI $191,818 @ 7.0% cap · market cap 90,480.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,840 @ 7.0% cap · market cap 109,358.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,753
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 33%
Home Improvements & Furnishings 5%
Groceries 3%
McDonald's
Dining
21,090 visits/mo
0.3 miles
Chase Bank
Shops & Services
16,187 visits/mo
0.5 miles
Shell
Shops & Services
13,843 visits/mo
0.1 miles
Dollar Tree
Shops & Services
13,437 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
6,748 visits/mo
0.1 miles
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Ashley's Garden Space — 4807 Church Ave, Brooklyn, NY 11203
Frequently Asked Questions
What type of property is this?
Storefront property - The vacant, single-level property occupies the junction of Beverley Road and Utica Avenue.
Where is this storefront property located?
The property is located at 1087 Utica Avenue Brooklyn, NY.
What are key features of this property?
This property features: 4,000 SF vacant commercial building; Single‑story corner property at Beverley Road and Utica Avenue; 2 and 5 trains at Beverly Road
