Renovated Mixed-Use Corner
For Sale
$3,499,000
6326 New Utrecht Avenue, Brooklyn, NY 11219
Commercial, Brooklyn, NY
Property Size5,250 SF
Lot Size0.05 Acres
Price / SF$666.48
Days on Market1024
Property Features for 6326 New Utrecht Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
M1-1
Subdivision
Bensonhurst
Standard status
Active
Size
5,250 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
19320
Amenities
public transportation (D and N subway lines)
house of worship
Building Details
Year built
1920
Floors in Building
3
Number of units
6
Building materials
Brick
Roof type
Flat, Rubber
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Added: Dec 18, 2023
Changed: Sep 30
Last Checked: Oct 7 at 8:06AM
MLS# 478807
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
This 5,250-square-foot corner building contains six commercial office spaces and one retail space that will be delivered vacant at closing. The solid brick structure was gut renovated in 2022 and features a flat rubber roof. Separate utility meters and separate hot water tanks serve the building. Constructed in 1920, the property carries M1-1 zoning and occupies a 0.0506-acre lot.
The property is located one block from the D and N subway lines and near a house of worship. It sits just off 65th Street, identified as a major intersection with high traffic. The configuration supports a range of office and retail occupancy arrangements within a single commercial property.
The property is located one block from the D and N subway lines and near a house of worship. It sits just off 65th Street, identified as a major intersection with high traffic. The configuration supports a range of office and retail occupancy arrangements within a single commercial property.
Key Highlights
- 5,250‑square‑foot solid brick corner building
- Gut renovated in 2022
- Six commercial office spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,734
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,680
$2.9M
Cap Rate 7%
$2,053,343
$2.1M
Cap Rate 9%
$1,597,044
$1.6M
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$245.7K $46.80/SF
− Vacancy
−$54.1K −$10.30/SF
EGI
$191.6K $36.50/SF
− OpEx
−$47.9K −$9.13/SF
NOI
$143.7K $27.38/SF
Area
ZIP 11219
Vacancy
22.00%
Lease Rate
$46.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,680
Cap Rate 7%
$2,053,343
Cap Rate 9%
$1,597,044
Alternative Uses
Best Use
Office B
$2.05M
$1.80M – $2.40M
NOI $143,734 @ 7.0% cap · market cap 4.11%
Second Best
Mixed Use
$1.75M
$1.53M – $2.04M
NOI $122,653 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,241 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,809
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial office space with a retail suite delivered vacant at closing.
Where is this mixed-use property located?
The property is located at 6326 New Utrecht Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 5,250‑square‑foot solid brick corner building; Gut renovated in 2022; Six commercial office spaces
