Mixed-Use Income Property
2149 UTICA AVE Brooklyn, NY 11234
2149 UTICA AVE, Brooklyn, NY, 11234
$2,100,000
For Sale
$2,100,000
COMMERCIAL - Brooklyn, NY
Property Size3,135 SF
Lot Size0.09 Acres
Price / SF$669.86
Days on Market18
Property Features for 2149 UTICA AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Standard status
- Active
- Size
- 3,135 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 49250
Building Details
- Floors in Building
- 1
Listing Agency
5 BORO REALTY CORP
(917) 705-0005
2153 UTICA AVE, BROOKLYN, NY
Listed by
Nina Sabag
855-305-DEAL
Added: Jun 30 Checked: Jul 17 at 8:06 pm
MLS# 11863336
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.
Investment Insights
Based on property information with market context.
2149-2151 Utica Avenue presents two adjacent income-producing properties in a mixed-use configuration. The portfolio includes established tenants and offers additional vacant commercial space available for lease, supporting the ability to expand future rental income.
The properties are located on Utica Avenue in Brooklyn, NY 11234. The listing describes strong visibility and accessibility along Utica Avenue.
The combined current gross annual income is approximately $147,228, with net annual income of approximately $97,978. The offering is positioned as a turnkey investment with a demonstrated history of timely rent payments from current occupants.
The properties are located on Utica Avenue in Brooklyn, NY 11234. The listing describes strong visibility and accessibility along Utica Avenue.
The combined current gross annual income is approximately $147,228, with net annual income of approximately $97,978. The offering is positioned as a turnkey investment with a demonstrated history of timely rent payments from current occupants.
Key Highlights
- Two adjacent income‑producing properties at 2149‑2151 Utica Avenue, Brooklyn, NY 11234
- Current gross annual income is approximately $147,228 and net annual income is approximately $97,978
- Established tenants with a history of timely rent payments
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
NOI $150,338 @ 7.0% cap · market cap 7.16%
Second Best
Mixed Use
$1.63M
$1.42M – $1.90M
NOI $113,801 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,705 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flatbush Copy Center
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two adjacent mixed-use income-producing properties on Utica Avenue with established tenants and available vacant commercial space.
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; Current gross annual income is approximately $147,228 and net annual income is approximately $97,978; Established tenants with a history of timely rent payments
