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Property profile & analytics
FOR SALE
Retail residential properties

455 Utica Ave Brooklyn, NY 11203

3,292 SF 0.04 ac lot Built 1993
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US63-0984407
Property summary
AI-generated overview

This exceptional 2,000-square-foot restaurant space is ideally situated at 455 Utica Avenue in Brooklyn, New York, within the vibrant Crown Heights and East Flatbush neighborhoods. The property boasts a single-tenant occupancy and is zoned C8-2, offering significant potential for a variety of culinary ventures. The building's interior is already fully built out as a restaurant, minimizing initial setup costs and allowing for a swift commencement of operations. The location benefits from excellent visibility and accessibility, situated between East New York Avenue and Maple Street. Public transportation is readily available, with the 3 train at the Sutter Avenue-Rutland Road station within walking distance. Additional transit options include the 2, 3, 4, and 5 trains at Crown Heights-Utica Avenue, as well as the B12, B17, and B46 bus lines. The area enjoys a high concentration of foot traffic and boasts a strong retail presence, with nearby establishments including Chase, Citi Bank, Blink Fitness, Walgreens, Wendy's, McDonald's, Apple Bank, C-Town Supermarkets, White Castle, and Dunkin'. This prime location offers unparalleled convenience and exposure, making it an exceptional opportunity for a discerning restaurateur seeking a thriving business environment in a densely populated and highly accessible area of Brooklyn, Kings County, New York, zip code 11203.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1993
Total area 3,292 SF
Lot 0.04 ac (1,917 SF)
Zoning code C8-2
APN 04591-0080
UPID US63-0984407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zanders Takeout Restaurant
  • Levine And Wiss, PLLC Law Firm
  • Washington Law Firm P.C. Law Firm
  • Construction Site Accidents Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.03M
Owner & transaction history
455 Utica Realty LLC · 12 yrs held
455 Utica Realty LLC
since 2014
4 recorded transactions
2017
Price N/A
2014
$450,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C8-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.7M +70.4%
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