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Property profile & analytics
FOR SALE
Investment properties
952 Utica Ave, Brooklyn, NY 11203
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-0146755
For Sale
1 / 4
$1,800,000
952 Utica Ave, Brooklyn, NY 11203
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Property summary
AI-generated overview
This exceptional mixed-use property at 952 Utica Avenue in Brooklyn, NY, presents a compelling value-add investment opportunity. The 3,810 square foot, three-story building, constructed in 1931 and partially renovated three years ago, boasts five units: a ground-floor commercial space currently occupied by a café, a studio apartment (convertible to a two-bedroom), and three two-bedroom apartments. All residential units feature full kitchens and bathrooms, hardwood floors, and 10-foot ceilings with stainless steel appliances. The building benefits from a finished basement with backyard access, a gas boiler and water heater, and individual gas and electric meters. The commercial space and studio apartment have an HVAC system connected to the building's boiler
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Total area
5,160 SF
Lot
0.04 ac (1,950 SF)
Zoning code
R5
APN
04721-0012
UPID
US63-0146755
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
-
Floamod Africa Market & Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.51M
Owner & transaction history
952 Utica Realty LLC · 9 yrs held
952 Utica Realty LLC
since 2016
5 recorded transactions
Zoning & alternative use
R5 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooklyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,520,000
Current use
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$292 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,155
Tax year 2024
Assessed value
$253,350
Assessed 2024
Previous assessed
$235,350
+7.6% YoY
Effective rate
10.72%
On assessed value
Assessed land
$8,100
Assessed improvement
$245,250
Land market value
$18,000
Improvement market value
$545,000
Total market value
$563,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1931
Heating
NONE
Buildings
1
Stories
3
Units
6
Total area
5,160 SF
Lot
0.04 ac (1,950 SF)
Zoning code
R5
APN
04721-0012
UPID
US63-0146755
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Brooklyn, NY
Zoning R5 · permitted uses
R5 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
3
Buildings
1
Units
6
Lot
0.04 ac
Current owner
From public records · entity-resolved
952 Utica Realty LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2085 UN ST, BROOKLYN, NY 11212-3843
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2017
—
952 Utica Realty LLC
—
Deed
related
$500,000 · Capital One NA
Sep 28, 2016
$760,000
952 Utica Realty LLC
Smith,ranford & Curdell
Grant Deed
—
Mar 12, 2007
—
Curdell Smith
Smith,caleta
Quit Claim Deed
related
—
Jun 9, 2005
$450,000
Caleta Smith
Smith,curdell & Ranford
Grant Deed
related
$337,500 · Interbay Funding LLC
—
—
Christopher Smith
—
Deed Of Trust
related
$132,000 · Municipal Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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