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    Two-Property Mixed-Use Income Building Title is generated by Realmo AI

    2149 UTICA AVE, Brooklyn, NY 11234

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    Claim this Listing
    New
    For Sale
    $2,100,000

    Commercial Building - Brooklyn, NY

    Property size:
    3,135 SF
    Price / SF:
    $669/SF
    Added:
    Jun 30, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 4 at 7:06 pm

    Property Features for 2149 UTICA AVE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    200
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking features
    Garage
    Standard status
    Active
    Size
    3,135 SF

    Taxes and HOA fees

    Tax Annual Amount
    49250

    Building Details

    Floors in Building
    1
    Architectural style
    Other

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    NINA SABAG
    NINA SABAG

    Listing agent NINA SABAG

    Listing office 5 BORO REALTY CORP 2153 UTICA AVE, BROOKLYN, NY

    Listing date Jun 30, 2026

    MLS# 11863336 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two adjacent income‑producing properties at 2149‑2151 Utica Avenue, Brooklyn, NY 11234
    • Approximately $147,228 current gross annual income and approximately $97,978 net annual income
    • Established tenants with a proven history of timely rent payments
    • Mixed‑use occupancy with a strong mix of commercial and residential
    • Additional vacant commercial space available for lease to increase future rental income
    • Garage parking

    Overview

    2149-2151 Utica Avenue presents two adjacent, income-producing properties with a mixed-use setup, combining commercial and residential occupancy. The offering includes established tenants with demonstrated on-time rent payments. The property is described as well-maintained and includes additional vacant commercial space available for lease.

    The addresses are 2149 and 2151 Utica Avenue in Brooklyn, NY 11234. The properties are positioned along Utica Avenue with visibility and accessibility, supporting day-to-day commercial use. Reported current income totals approximately $147,228 gross annually, with approximately $97,978 reported as net annual income.

    This configuration may appeal to investors seeking an income-focused mixed-use asset backed by long-term tenants and a built-in leasing opportunity through the available vacant commercial unit. With both properties operating as adjacent income streams and a tenant base showing reliable payment history, the asset may be suited for buyers looking for a turnkey-style profile while retaining the ability to increase occupancy through leasing the remaining space.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $243.8k $77.76
    − Vacancy −$29.0k −$9.25
    EGI $214.8k $68.51
    − OpEx −$64.4k −$20.55
    NOI $150.3k $47.95
    3,135 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.15M
    $1.88M – $2.51M (±1% cap)
    NOI $150,338 @ 7.0% cap · market cap 7.16%
    Second Best
    Mixed Use
    $1.63M
    $1.42M – $1.90M (±1% cap)
    NOI $113,801 @ 7.0% cap · market cap 5.42%
    Theoretical Best
    Specialty Retail
    $2.60M
    $2.27M – $3.03M (±1% cap)
    NOI $181,705 @ 7.0% cap · market cap 8.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flatbush Copy Center (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Spa & Massage Center Bar & Pub Nursing Home Coworking & Hybrid Office Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.92659
    Latitude
    40.619447

    FAQs

    What type of property is this?
    Mixed-use property - Two adjacent income-producing properties with mixed commercial and residential occupancy and a vacant commercial unit available for lease.
    Where is this mixed-use property located?
    The property is located at 2149 UTICA AVE Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Two adjacent income‑producing properties at 2149‑2151 Utica Avenue, Brooklyn, NY 11234; Approximately $147,228 current gross annual income and approximately $97,978 net annual income; Established tenants with a proven history of timely rent payments
    More about this property
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