Mixed-Use Retail and
For Sale
Contact for pricing
5023-5025 New Utrecht Avenue, Brooklyn, NY 11219
Two combined retail units sit above four residential units within a two-building mixed-use setup.
Property SizeContact for details
Days on Market137
Property Features for 5023-5025 New Utrecht Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Multifamily Units
4
Amenities
storage basements
Building Details
Stories
3
Listing Agency:
Newmark
(646) 970-6305
Listed By:
Caroline Hodes · License #NY 10401272489
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 3:07AM
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 Newmark
Investment Insights
Based on property information with market context.
This mixed-use property comprises two adjacent 3-story buildings with a combined retail presence of two units and four residential units total. Each building includes storage basements.
The buildings are located less than a block from the New Utrecht Avenue & 50th Street D train station and the B11 bus stop, with the 13th Avenue retail corridor down the block.
The roof is described as one year old. The listing also notes an opportunity related to a retail lease expiring in December 2019 and no apartment leases.
The buildings are located less than a block from the New Utrecht Avenue & 50th Street D train station and the B11 bus stop, with the 13th Avenue retail corridor down the block.
The roof is described as one year old. The listing also notes an opportunity related to a retail lease expiring in December 2019 and no apartment leases.
Key Highlights
- Two adjacent 3‑story mixed‑use buildings with 2 retail units (combined into 1) and 4 residential units
- Storage basements in each building
- Retail lease opportunity noted as expiring December 2019; apartments reported as having no leases
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
7,730
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two combined retail units sit above four residential units within a two-building mixed-use setup.
Where is this mixed-use property located?
The property is located at 5023-5025 New Utrecht Avenue Brooklyn, NY.
What are key features of this property?
This property features: Two adjacent 3‑story mixed‑use buildings with 2 retail units (combined into 1) and 4 residential units; Storage basements in each building; Retail lease opportunity noted as expiring December 2019; apartments reported as having no leases
