Property profile

2133 Utica Ave Brooklyn, NY 11234

OFF-MARKET
Auto shops
Property ID
US63-3355823
1,294 SF 0.05 ac lot Built 1963
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1-story, 1,289 square foot commercial garage located at 2133 Utica Avenue in the Flatbush section of Brooklyn, New York. Situated on a 2,000 square foot lot, this property boasts 8-10 foot ceilings and is currently delivered vacant, providing immediate potential for various uses. The interior features an open space layout, ideal for customization, along with a small office and a half bathroom. The property's zoning and permitted uses should be independently verified. The asking price is $799,000. This single-unit structure presents a unique chance to acquire a well-located commercial property in a thriving Brooklyn neighborhood. The property's size and layout offer flexibility for a range of commercial ventures, from expanded garage space to potential conversion into other commercial uses, subject to applicable regulations and permits. Its vacant status allows for immediate occupancy and customization to suit the buyer's specific needs. The property's location in Flatbush provides easy access to major transportation routes and a vibrant community. Serious inquiries are encouraged to explore the full potential of this promising investment. All information provided is deemed reliable but not guaranteed and should be independently verified.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1963
Total area 1,294 SF
Lot 0.05 ac (2,000 SF)
Zoning code R3-2
APN 07875-0019
UPID US63-3355823

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

2133 Utica Ave Brooklyn, NY 11234-3827
Brooklyn metro Census 68000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k

Owner & transaction history

since 2025
Last sale
$710,000
2 recorded transactions
2025
$710,000
2014
$435,000

Zoning & alternative use

R3-2 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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