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2149 Utica Ave
Brooklyn, NY 11234
Retail Property For Sale

Executive Summary
2149–2151 Utica Avenue, Brooklyn, NY 11234
Presenting a rare opportunity to acquire 2149–2151 Utica Avenue, two adjacent income-producing properties in a high-demand Brooklyn corridor. This well-maintained mixed-use investment offers immediate cash flow with a strong tenant roster and additional upside through available vacant space.
The properties are anchored by long-term, reliable tenants with an excellent payment history, providing investors with stable and consistent rental income. Current occupants have demonstrated on-time rent payments, making this an attractive turnkey investment for both seasoned and first-time investors.
Property Highlights
Addresses: 2149–2151 Utica Avenue, Brooklyn, NY 11234
Two adjacent income-producing properties
Current Gross Annual Income: Approximately $147,228
Net Annual Income: Approximately $97,978
Established tenants with a proven history of timely rent payments
Additional vacant commercial space available for lease, creating an opportunity to increase future rental income
Strong mix of commercial and residential occupancy
Excellent visibility and accessibility along Utica Avenue
Ideal for investors seeking dependable cash flow with value-add potential
With dependable income already in place, minimal management concerns due to quality tenants, and future upside from leasing the vacant commercial unit, 2149–2151 Utica Avenue represents a solid investment in one of Brooklyn's established neighborhoods.
Whether you're looking to expand your portfolio or complete a 1031 exchange, this property offers the combination of stable income, reliable tenancy, and long-term appreciation potential.
Presenting a rare opportunity to acquire 2149–2151 Utica Avenue, two adjacent income-producing properties in a high-demand Brooklyn corridor. This well-maintained mixed-use investment offers immediate cash flow with a strong tenant roster and additional upside through available vacant space.
The properties are anchored by long-term, reliable tenants with an excellent payment history, providing investors with stable and consistent rental income. Current occupants have demonstrated on-time rent payments, making this an attractive turnkey investment for both seasoned and first-time investors.
Property Highlights
Addresses: 2149–2151 Utica Avenue, Brooklyn, NY 11234
Two adjacent income-producing properties
Current Gross Annual Income: Approximately $147,228
Net Annual Income: Approximately $97,978
Established tenants with a proven history of timely rent payments
Additional vacant commercial space available for lease, creating an opportunity to increase future rental income
Strong mix of commercial and residential occupancy
Excellent visibility and accessibility along Utica Avenue
Ideal for investors seeking dependable cash flow with value-add potential
With dependable income already in place, minimal management concerns due to quality tenants, and future upside from leasing the vacant commercial unit, 2149–2151 Utica Avenue represents a solid investment in one of Brooklyn's established neighborhoods.
Whether you're looking to expand your portfolio or complete a 1031 exchange, this property offers the combination of stable income, reliable tenancy, and long-term appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,700 SF
Building Class
C
Year Built
1931
Price
$2,100,000
Price Per SF
$777.78
Cap Rate
4.67%
NOI
$97,977
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.06 AC
Zoning
R3-2
Frontage
21’ on Utica Ave
Property Taxes
| Parcel Number | 07875-0012 | Improvements Assessment | $133,200 |
| Land Assessment | $22,500 | Total Assessment | $155,700 |
Property Taxes
Parcel Number
07875-0012
Land Assessment
$22,500
Improvements Assessment
$133,200
Total Assessment
$155,700
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