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    7507 New Utrecht Ave Brooklyn, NY 11214

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    For Sale
    $1,298,000

    Fully tenanted mixed-use property with immediate cash flow in Brooklyn.

    Lot size:
    0.04 Acres

    Property Features for 7507 New Utrecht Ave

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1931

    Source: Tiger Realty Agent LingQiong (Ava) Liu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bensonhurst Mixed-Use Investment Property

    This mixed-use investment property is fully tenanted and provides immediate cash flow. The ground floor features a retail store currently operating as a bar, with a monthly rent of $4,200. The second floor contains two residential units, each with two bedrooms and one bathroom; the front unit rents for $1,700 per month, and the rear unit rents for $1,400 per month. The gross annual rent is approximately $84,000, while the annual property tax is $7,598. The building size is approximately 2,240 square feet, with dimensions of 20 x 56 feet, situated on a lot measuring 22.25 x 83 feet. Located near the 79 St D train station, the property benefits from high foot traffic and excellent walkability. It is positioned on a high-visibility corner in the Bensonhurst retail corridor, offering stable rental income and upside potential. This property is suitable for investors seeking mixed-use properties with solid yield.
    Insight Report Location Intelligence

    Current Use by Public Records

    Black Horses Tavern ... Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.999761
    Latitude
    40.615341

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    FAQs

    What type of property is this?
    Mixed-use property - Fully tenanted mixed-use property with immediate cash flow in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 7507 New Utrecht Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,298,000.
    What are key features of this property?
    This property features: - Fully tenanted mixed-use property providing immediate cash flow.; - Gross annual rent of approximately $84,000.; - Located in a high-visibility corner of the Bensonhurst retail corridor.
    (917) 708-9966
    Request Owner's contact information
    7507 New Utrecht Ave Brooklyn, NY 11214
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    Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7507 New Utrecht Ave Brooklyn, NY 11214
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