Turnkey Restaurant with Office
410 Utica Ave Brooklyn, NY 11213
For Sale
Contact for pricing
Three-unit building with separate electric meters, first-floor restaurant, and two second-floor offices; delivered vacant.
Property Size2,772 SF
Price / SF$450.94
Days on Market213
Property Features for 410 Utica Ave
General Information
- Standard status
- Active
- Size
- 2,772 SF
- Property subtype
- RETAIL
Listing Agency:
Tri State Commercial Realty
(718) 437-6100
Listed By:
Shlomi Bagdadi · License #10311204539
Source:
Moodyscre
Added: Dec 22, 2025
Changed: Jul 22
Last Checked: Jul 22 at 3:28PM
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 Tri State Commercial Realty
Investment Insights
Based on property information with market context.
Turnkey restaurant on the first floor with a second floor configured as two separate offices. The property contains three commercial units, with gas and heat on for the Store, Front 1st Floor, and Back 1st Floor. Each unit has its own electrical meter, and the property is reported to have no open violations.
The building is located in Brooklyn’s Crown Heights neighborhood, between Montgomery St and Crown St, near the Crown Heights–Utica Ave subway station. Transit options include the 3, 5, 4, and 2 trains at Crown Heights–Utica Ave, plus the B46, B17, B12, and B46-SBS bus lines.
The lot measures 18 x 81, with building dimensions of 18 x 75, for a total of three commercial units.
The building is located in Brooklyn’s Crown Heights neighborhood, between Montgomery St and Crown St, near the Crown Heights–Utica Ave subway station. Transit options include the 3, 5, 4, and 2 trains at Crown Heights–Utica Ave, plus the B46, B17, B12, and B46-SBS bus lines.
The lot measures 18 x 81, with building dimensions of 18 x 75, for a total of three commercial units.
Key Highlights
- Turnkey 3‑unit building with a restaurant on the first floor and two separate offices on the second floor
- Three units have separate electric meters; gas and heat are on for Store, Front 1st Floor, and Back 1st Floor
- Delivered vacant; ready for new owner‑occupant or tenant
Financial Insights For Office B
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 | $119.8k | $43.20 |
| − Vacancy | −$27.5k | −$9.94 |
| EGI | $92.2k | $33.26 |
| − OpEx | −$23.1k | −$8.32 |
| NOI | $69.2k | $24.95 |
2,772 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $160,665 @ 7.0% cap · market cap 12.85%
Second Best
Office B
$987.9K
$864.5K – $1.15M
NOI $69,156 @ 7.0% cap · market cap 5.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Universal Driving School
Training Center
German's Soup
Restaurant
Better Vibes Beauty ...
Hair Salon
Similar Off Market Nearby
- Fix-U-Plate — 1139 Clarkson Ave, Brooklyn, NY 11212
FAQs
What type of property is this?
Conventional restaurant - Three-unit building with separate electric meters, first-floor restaurant, and two second-floor offices; delivered vacant.
Where is this conventional restaurant located?
The property is located at 410 Utica Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Turnkey 3‑unit building with a restaurant on the first floor and two separate offices on the second floor; Three units have separate electric meters; gas and heat are on for Store, Front 1st Floor, and Back 1st Floor; Delivered vacant; ready for new owner‑occupant or tenant
