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2119 Utica Ave 3,360 SF 63% Leased Retail Building Brooklyn, NY 11234 $1,074,999 ($319.94/SF)
Executive Summary
We are pleased to present 2119 Utica Avenue to market. 2119 consists of a ground floor store/office and two residential apartments above. The building is 3360SF and is zoned R3-2 and primely located a few minutes from the Flatbush Avenue commercial corridor. The property benefits from high foot traffic, strong visibility, high traffic count. 2119 is nestled in a thriving submarket of Brooklyn with consistent demand for rental housing positioning it for tremendous rental upside and or a owner/user strategy.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$75,600
|
$22.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$75,600
|
$22.50
|
| Taxes |
$7,400
|
$2.20
|
| Operating Expenses |
$25,550
|
$7.60
|
| Total Expenses |
$32,950
|
$9.81
|
| Net Operating Income |
$42,650
|
$12.69
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $75,600 |
| Annual Per SF | $22.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $75,600 |
| Annual Per SF | $22.50 |
| Taxes | |
|---|---|
| Annual | $7,400 |
| Annual Per SF | $2.20 |
| Operating Expenses | |
|---|---|
| Annual | $25,550 |
| Annual Per SF | $7.60 |
| Total Expenses | |
|---|---|
| Annual | $32,950 |
| Annual Per SF | $9.81 |
| Net Operating Income | |
|---|---|
| Annual | $42,650 |
| Annual Per SF | $12.69 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,360 SF
Building Class
C
Year Built
1931
Price
$1,074,999
Price Per SF
$319.94
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.05 AC
Zoning
R3-2 - R3 - Low density residential district
Parking
2 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
14’ on Utica Ave
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Color Me Beautiful Salons
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Color Me Beautiful Salons | Services | - | - | - |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07875-0025 | Total Assessment | $55,920 (2026) |
| Land Assessment | $13,140 (2026) | Annual Taxes | $7,400 ($2.20/SF) |
| Improvements Assessment | $42,780 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
07875-0025
Land Assessment
$13,140 (2026)
Improvements Assessment
$42,780 (2026)
Total Assessment
$55,920 (2026)
Annual Taxes
$7,400 ($2.20/SF)
Tax Year
2025
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2119 Utica Ave