Corner Mixed-Use
For Sale
Contact for pricing
4330 New Utrecht Ave, Brooklyn, NY 11219
Vacant corner property combines residential apartments, office units, retail space, and a full basement.
Property Size750 SF
Price / SF$7.33
Days on Market199
Property Features for 4330 New Utrecht Ave
General Information
Standard status
Active
Size
750 SF
Property subtype
Business Opportunity
Zoning
R6, C2-3
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Office Units
3
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
ProBase Real Estate
Listed By:
Shihui (Sylvia) Lin · License #SL4633
(718) 210-2727
Source:
Exprealty
Added: Apr 12
Changed: Oct 25
Last Checked: Oct 26 at 8:01PM
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 ProBase Real Estate
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Investment Insights
Based on property information with market context.
This corner mixed-use building is offered 100% vacant and includes two residential units alongside four commercial units. The upper level contains two two-bedroom apartments, while the ground floor is arranged with three separate offices and one retail unit. A full basement provides additional building space.
The property is located on New Utrecht Ave near shopping, restaurants, places of worship, parks, schools, and Maimonides Hospital. The D Line subway is steps away, providing direct access to nearby transit. Zoning is identified as R6, C2-3.
The property is located on New Utrecht Ave near shopping, restaurants, places of worship, parks, schools, and Maimonides Hospital. The D Line subway is steps away, providing direct access to nearby transit. Zoning is identified as R6, C2-3.
Key Highlights
- Two residential units, including two two‑bedroom apartments
- Four commercial units: three offices and one retail space
- Full basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,788
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,760
$315.8K
Cap Rate 7%
$225,543
$225.5K
Cap Rate 9%
$175,422
$175.4K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$25.2K $33.60/SF
− Vacancy
−$2.6K −$3.53/SF
EGI
$22.6K $30.07/SF
− OpEx
−$6.8K −$9.02/SF
NOI
$15.8K $21.05/SF
Area
ZIP 11219
Vacancy
10.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,760
Cap Rate 7%
$225,543
Cap Rate 9%
$175,422
Alternative Uses
Best Use
Office B
$293.3K
$256.7K – $342.2K
NOI $20,534 @ 7.0% cap · market cap 373.35%
Second Best
Apartment 5plus
$277.8K
$243.0K – $324.1K
NOI $19,443 @ 7.0% cap · market cap 353.51%
Theoretical Best
Office A
$486.2K
$425.4K – $567.2K
NOI $34,034 @ 7.0% cap · market cap 618.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Office units
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant corner property combines residential apartments, office units, retail space, and a full basement.
Where is this mixed-use property located?
The property is located at 4330 New Utrecht Ave Brooklyn, NY.
What are key features of this property?
This property features: Two residential units, including two two‑bedroom apartments; Four commercial units: three offices and one retail space; Full basement included
