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About This Home
This 0-bedroom, 0-bathroom single family at 7206 New Utrecht Avenue in Brooklyn, NY is listed for $1,450,000 ($659 per sqft). Built in 1931, the home offers 2,200 sqft of living space on a 0.05 acres lot.
Excellent mixed-use investment opportunity with strong income potential. Situated on a 20*55 lot with a building size of approximately 22*106, this property offers outstanding value in a prime location. The ground floor features a well-established restaurant tenant paying $3,800/month with approximately 3 years remaining on the lease, providing immediate and stable rental income.
The second floor consists of a spacious 4-bedroom residential unit currently rented at $2,500/month with no lease in place, offering flexibility and potential for rent increase. Tenants are responsible for water and sewer charges, resulting in low operating expenses and easy management. Strong cash flow makes this property ideal for both investors and end-users. A rare opportunity not to be missed.
Key Features
- Built in 1931
- 0.05 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7206 New Utrecht Avenue
Brooklyn, NY 11228
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 0-bathroom single family at 7206 New Utrecht Avenue is listed at $1,450,000 ($659/sqft). The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.05 acre lot, 2 stories.
This property is listed by Xiujuan (Jenny) Wu and can be reached at (917) 708-9966 or xwgigi@gmail.com.
