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Investment Highlights

  • FULLY FREE-MARKET
  • APARTMENTS ARE FULLY RENOVATED
  • THREE APARTMENTS AND STORE
  • 100% COLLECTIONS

Executive Summary

THREE UNITS AND A STORE
FULLY RENOVATED 6.85 CAP DAY ONE, OVER +10 CAP ON LEASE RENWELS
CLEAN BUILDING
LARGE BASEMENT WITH HIGH CIELINGS

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $102,708 $37.76
Other Income - -
Vacancy Loss - -
Effective Gross Income $102,708 $37.76
Taxes $16,443 $6.05
Operating Expenses $10,800 $3.97
Total Expenses $27,243 $10.02
Net Operating Income $75,465 $27.74

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $102,708
Annual Per SF $37.76
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $102,708
Annual Per SF $37.76
Taxes
Annual $16,443
Annual Per SF $6.05
Operating Expenses
Annual $10,800
Annual Per SF $3.97
Total Expenses
Annual $27,243
Annual Per SF $10.02
Net Operating Income
Annual $75,465
Annual Per SF $27.74

Property Facts

Price $1,100,000
Price Per Unit $366,667
Sale Type Investment
Cap Rate 6.86%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.05 AC
Building Size 2,720 SF
No. Stories 2
Year Built/Renovated 1931/2019
Zoning C8-1 - C8-1 is a commercial zoning district in Brooklyn, NY. It allows for a wide range of commercial and light industrial uses, such as retail stores, wareh

Amenities

Site Amenities

  • Courtyard
  • Fenced Lot
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
04735-0046
Land Assessment
$23,400
Improvements Assessment
$123,300
Total Assessment
$146,700
Annual Taxes
$16,443 ($6.05/SF)
Tax Year
2025
  • Listing ID: 40235517

  • Date on Market: 4/21/2026

  • Last Updated:

  • Address: 1067 Utica Ave, Brooklyn, NY 11203

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