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5812 New Utrecht Ave 3,120 SF 100% Leased Retail Building Brooklyn, NY 11219 $1,895,000 ($607.37/SF)
Executive Summary
Exceptional mixed-use investment opportunity in the heart of Borough Park! This solid brick 3-story building features two spacious residential apartments plus a ground-floor retail/commercial store — fully built out and ideally positioned on high-traffic New Utrecht Avenue. Sitting on a generous 20x100 lot with a detached garage, the property delivers three income streams under one roof. Residential units offer 8 bedrooms total across 3,120 SF of well-maintained living and commercial space. Walk Score 92, Transit Score 89 — steps from the N, D & W trains, express buses, and the vibrant 5th Ave & 13th Ave commercial corridors. Low taxes (~$5,883/yr). A rare find for the savvy investor or owner-user.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,086
|
$1.95
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,086
|
$1.95
|
Financial Summary (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $6,086 |
| Annual Per SF | $1.95 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,086 |
| Annual Per SF | $1.95 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,120 SF
Building Class
C
Year Built
1931
Price
$1,895,000
Price Per SF
$607.37
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.43
Lot Size
0.05 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
17’ on New Utrecht Ave
Amenities
- Bus Line
- Metro/Subway
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05705-0029 | Total Assessment | $93,480 |
| Land Assessment | $15,660 | Annual Taxes | $6,086 ($1.95/SF) |
| Improvements Assessment | $77,820 | Tax Year | 2026 |
Property Taxes
Parcel Number
05705-0029
Land Assessment
$15,660
Improvements Assessment
$77,820
Total Assessment
$93,480
Annual Taxes
$6,086 ($1.95/SF)
Tax Year
2026
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