Mixed-Use Building with
For Sale
Contact for pricing
173 Utica Avenue, Brooklyn, NY 11213
Vacant retail unit with a lower level plus two newly renovated three-bedroom apartments in a 3,600 SF mixed-use building.
Property Size3,600 SF
Days on Market124
Property Features for 173 Utica Avenue
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Cap Rate
6%
Multifamily Units
2
Listing Agency:
TerraCRG
Listed By:
Dan Marks · License #NY 10301207091
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:20PM
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 TerraCRG
Investment Insights
Based on property information with market context.
173 Utica Avenue is a 3,600 SF mixed-use building featuring a vacant retail unit totaling approximately 1,800 SF, with an additional 900 SF lower level. The property also includes two newly renovated floor-through three-bedroom apartments.
The building is situated between Prospect Place and Park Place in Crown Heights, a few blocks from the Utica 3, 4, and 5 subway lines and the Utica A and C lines.
The offering includes projected annual performance of approximately $124,560 in gross income and $107,761 in NOI, representing an estimated 6% return on investment at the current offering price.
The building is situated between Prospect Place and Park Place in Crown Heights, a few blocks from the Utica 3, 4, and 5 subway lines and the Utica A and C lines.
The offering includes projected annual performance of approximately $124,560 in gross income and $107,761 in NOI, representing an estimated 6% return on investment at the current offering price.
Key Highlights
- 3,600 SF Crown Heights mixed‑use building featuring a vacant retail unit totaling about 1,800 SF plus a 900 SF lower level.
- Two newly renovated floor‑through 3‑bedroom apartments in the mixed‑use building.
- Residential units have average rents of about $38/SF.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
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 - Vacant retail unit with a lower level plus two newly renovated three-bedroom apartments in a 3,600 SF mixed-use building.
Where is this mixed-use property located?
The property is located at 173 Utica Avenue Brooklyn, NY.
What are key features of this property?
This property features: 3,600 SF Crown Heights mixed‑use building featuring a vacant retail unit totaling about 1,800 SF plus a 900 SF lower level.; Two newly renovated floor‑through 3‑bedroom apartments in the mixed‑use building.; Residential units have average rents of about $38/SF.
