Three-Story Mixed-Use
For Sale
$1,770,000
4709 New Utrecht Ave, Brooklyn, NY 11219
Residential Income, Brooklyn, NY
Property Size4,061 SF
Lot Size0.04 Acres
Price / SF$435.85
Days on Market309
Property Features for 4709 New Utrecht Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Mixed Use
Bedrooms
8
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 8, Bedroom 7, Bathroom 4
Subdivision
Borough Park
View
City
Standard status
Active
Lot size
0.04 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7755
Utilities
Heating system
Steam, Natural Gas, Hot Water(Heating)
Amenities
backyard
Building Details
Year built
1931
Floors in Building
3
Flooring type
Hardwood
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Added: Dec 29, 2025
Changed: Oct 30
Last Checked: Nov 2 at 2:06AM
MLS# 11622866
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story brick mixed-use property contains two residential units and a commercial storefront. Each apartment is configured with four bedrooms, while the ground-floor storefront measures 1,350 square feet and is currently vacant. A full 1,350-square-foot basement and backyard provide additional property components. The building measures 24 by 57 feet and contains 4,061 square feet overall.
Located at 4709 New Utrecht Ave in Brooklyn’s Boro Park area, the property fronts a commercial corridor. Built in 1931, it features hardwood flooring and natural gas, steam, and hot-water heating. The current layout combines residential occupancy potential with ground-floor commercial space.
Located at 4709 New Utrecht Ave in Brooklyn’s Boro Park area, the property fronts a commercial corridor. Built in 1931, it features hardwood flooring and natural gas, steam, and hot-water heating. The current layout combines residential occupancy potential with ground-floor commercial space.
Key Highlights
- Two four‑bedroom apartments in the existing residential configuration
- Vacant 1,350‑square‑foot storefront on New Utrecht Ave
- Full 1,350‑square‑foot basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,278
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,560
$2.3M
Cap Rate 7%
$1,675,400
$1.7M
Cap Rate 9%
$1,303,089
$1.3M
Market Conditions
NOI Build-Up for 4,061 SF
Gross rent
$175.4K $43.20/SF
− Vacancy
−$7.9K −$1.94/SF
EGI
$167.5K $41.26/SF
− OpEx
−$50.3K −$12.38/SF
NOI
$117.3K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,560
Cap Rate 7%
$1,675,400
Cap Rate 9%
$1,303,089
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.95M
NOI $117,278 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$1.50M
$1.32M – $1.75M
NOI $105,275 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,285 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,518
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two four-bedroom apartments sit above a vacant storefront and full basement.
Where is this mixed-use property located?
The property is located at 4709 New Utrecht Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,770,000.
What are key features of this property?
This property features: Two four‑bedroom apartments in the existing residential configuration; Vacant 1,350‑square‑foot storefront on New Utrecht Ave; Full 1,350‑square‑foot basement
