820 Utica Ave Brooklyn, NY 11203

Property Details for 820 Utica Ave

Year built

1931

Lot size

0.09 lot acres

Property size

3,900 SF

Zone code

R5

Property type

Retail residential properties

APN

04675-0016

APU

46750016

Description

This exceptional mixed-use property, located at 820-822 Utica Avenue in Brooklyn, New York, presents a compelling investment opportunity. Priced at $1,999,000, this "as is" sale includes two retail stores, three residential apartments, and one office space. The building, situated on a 40 x 100 foot lot, boasts dimensions of 40 x 60 feet. Currently occupied by tenants with no formal leases in place, the property offers significant potential for renovation and increased rental income. The property is subject to existing violations. Its prime location on the bustling Utica Avenue corridor provides excellent visibility and accessibility, benefiting from proximity to major transportation hubs and a wide array of established businesses. Conveniently located between Linden Boulevard and Church Avenue, near the Sutter Avenue – Rutland Road subway station (2, 3, 4, & 5 trains), and served by several bus lines (B46, B46-SBS, & B35), this property enjoys exceptional transit connectivity. Nearby, a vibrant commercial landscape includes well-known national brands such as Walgreens, McDonald's, Chase Bank, and many others, ensuring a strong and consistent customer base for the retail spaces. The thriving East Flatbush neighborhood, with its diverse and growing population, guarantees high demand for both residential and commercial units. This property offers a unique chance to capitalize on Brooklyn's dynamic real estate market. Serious inquiries only.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9309

Latitude

40.653

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments