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72A Utica Ave
Brooklyn, NY 11213
72A - 74 UTICA AVE · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Value-Add Opportunity: Property is in need of a full gut renovation or redevelopment.
  • Delivered Vacant: All units are vacant and ready for immediate work.
  • Protected Tax Class: Tax Class 1 limits tax increase to no more than 6% per year or 20% over 5 years.
  • Two Tax Lots: Two side-by-side buildings, each configured with ground floor retail and two floor-through residential units on upper floors.
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Proximity to Transportation: Located within a 3-4 blocks of the A and C trains at Utica Avenue and Fulton Street.

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.03 AC
Building Size 2,756 SF
No. Stories 3
Year Built 1920
Zoning R6

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
01342-0046
Land Assessment
$11,400
Improvements Assessment
$45,540
Total Assessment
$56,940
  • Listing ID: 34442906

  • Date on Market: 1/10/2025

  • Last Updated:

  • Address: 72A Utica Ave, Brooklyn, NY 11213

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