Two-Building Mixed-Use
For Sale
$2,100,000
2149 UTICA AVE, Brooklyn, NY 11234
Commercial Sale, Brooklyn, NY
Property Size3,135 SF
Lot Size0.09 Acres
Price / SF$669.86
Days on Market113
Property Features for 2149 UTICA AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Subdivision
Flatlands
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
Listed By:
Nina Sabag
855-305-DEAL
Added: Jun 30
Changed: Oct 19
Last Checked: Oct 20 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This offering includes two adjacent mixed-use properties at 2149-2151 Utica Avenue in Brooklyn. Together, the buildings contain 3,135 square feet on a 0.0918-acre parcel and combine commercial and residential occupancy. An additional vacant commercial area is available within the property, providing flexibility for future leasing or reconfiguration.
The buildings are positioned along Utica Avenue in Brooklyn, New York, with the address identified as 2149-2151 Utica Avenue, Brooklyn, NY 11234. The property includes three bathrooms and is offered as a commercial sale asset with existing income-producing occupancy and additional vacant commercial space.
The buildings are positioned along Utica Avenue in Brooklyn, New York, with the address identified as 2149-2151 Utica Avenue, Brooklyn, NY 11234. The property includes three bathrooms and is offered as a commercial sale asset with existing income-producing occupancy and additional vacant commercial space.
Key Highlights
- Two adjacent mixed‑use properties at 2149‑2151 Utica Avenue, Brooklyn, NY 11234
- 3,135 square feet of property area
- 0.0918 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,338
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,006,760
$3.0M
Cap Rate 7%
$2,147,686
$2.1M
Cap Rate 9%
$1,670,422
$1.7M
Market Conditions
NOI Build-Up for 3,135 SF
Gross rent
$243.8K $77.76/SF
− Vacancy
−$29.0K −$9.25/SF
EGI
$214.8K $68.51/SF
− OpEx
−$64.4K −$20.55/SF
NOI
$150.3K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,006,760
Cap Rate 7%
$2,147,686
Cap Rate 9%
$1,670,422
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,873
Businesses Nearby
160k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 41%
Groceries 11%
Hotels & Casinos 2%
McDonald's
Dining
44,677 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,258 visits/mo
0.3 miles
Key Food
Groceries
17,150 visits/mo
0.2 miles
Starbucks
Dining
15,080 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,136 visits/mo
0.3 miles
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential occupancy, plus vacant commercial space, creates a flexible mixed-use configuration along Utica Avenue.
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 mixed‑use properties at 2149‑2151 Utica Avenue, Brooklyn, NY 11234; 3,135 square feet of property area; 0.0918 acres
