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820 Utica Ave Brooklyn, NY 11203-3409

OFF-MARKET Retail residential properties Google Maps
3,900 SF 0.09 ac lot Built 1931
Entity Owned ~ Est. High Equity
Estimated value (blended)
$1.11M
Range $995k – $1.22M (±10%)
Property ID US63-6145332

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1931
Total area 3,900 SF
Lot 0.09 ac (4,000 SF)
Zoning code R5
APN 04675-0016
UPID US63-6145332

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
  • Event Venue Wedding Venue
  • Hair Salon Nail Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2026
3 recorded transactions
2026
$1.8M
2013
$800,000
2006
$950,000

Zoning & alternative use

R5 · 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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