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Two-Story Mixed-Use Building
For Sale
$1,550,000

847 Utica Avenue, Brooklyn, NY 11203

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market407

Property Features for 847 Utica Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning R5/C1-2
Rooms Basement
Parking features Open
Basement Finished, Full
Appliances Convection Oven, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Gas Water Heater
Lot features Back Yard, Near Public Transit
Standard status Active
APN 04676-0051
Lot size 0.05 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 25007

Utilities

Heating system Baseboard, Natural Gas
Cooling system Central Air

Amenities

expansive backyard
fully finished basement
10-ton central A/C unit

Building Details

Year built 1931
Floors in Building 2
Number of units 1
Flooring type Hardwood, Concrete
Building materials Brick
Buildings 1
Listing Agency: Exit Realty First Choice
Listed By: Irania Stephens
Added: Sep 22, 2025 Changed: Oct 24 Last Checked: Nov 2 at 3:06AM
MLS# 915790

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1931, this two-story mixed-use property combines a commercial storefront with two apartments. The residential component includes a renovated two-bedroom unit and a separate one-bedroom unit. The commercial space has also been renovated and is served by a 10-ton central A/C system. A finished basement, expansive backyard, hardwood and concrete flooring, brick construction, and open parking add functional improvements. Natural-gas heating and central air are reported for the property.

The 0.0459-acre parcel is positioned near Church Avenue in East Flatbush’s shopping district. Zoning is R5/C1-2. A sprinklered stairway and hallway serve the upper-level residential areas, while the building also includes gas cooking appliances and a gas water heater.

Key Highlights

  • Two‑story mixed‑use building with one commercial space and two residential units
  • Renovated two‑bedroom apartment plus separate one‑bedroom apartment
  • Renovated commercial space with 10‑ton central A/C

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Seven Stars 2 ... Specialty Food Shop Adham Ali Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,058
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated retail space anchors two residential apartments with a finished basement and rear yard.
Where is this mixed-use property located?
The property is located at 847 Utica Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with one commercial space and two residential units; Renovated two‑bedroom apartment plus separate one‑bedroom apartment; Renovated commercial space with 10‑ton central A/C
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