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4912-4914 New Utrecht Ave 2 biens • Commerce de détail • À vendre 4 141 410 $ CAD • Brooklyn, NY
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Faits saillants de l'investissement
- Rare two-building package offering 40 feet of continuous frontage on a prime Borough Park commercial corridor
- Month-to-month residential leases with over 80% upside to market rents — immediate value-add repositioning opportunity
- Protected Tax Class 1 designation with low annual taxes of $20,304 and severely limited assessment increases
- 100% free-market asset
- Ground-floor retail fully occupied by strong, established tenant — stable in place income from day one
- Dominant retail presence with high-visibility ground-floor storefronts on one of Borough Park’s busiest streets
Résumé de l'annonce
Investment Property Realty Group (IPRG) is pleased to exclusively present the opportunity to acquire 4912-4914 New Utrecht Avenue, a rare package of two contiguous free-market mixed-use buildings located in the heart of Borough Park, Brooklyn. The properties are situated on New Utrecht Avenue between 49th and 50th Streets, commanding 40 feet of continuous frontage along one of the neighborhood’s most active and high-traffic commercial corridors.
The subject properties consist of four residential apartments above two ground-floor retail spaces, totaling approximately 6,000 square feet. Each building is constructed approximately 20 feet by 50 feet, with 4912 New Utrecht Avenue situated on a 20-foot by 90.25-foot lot and 4914 New Utrecht Avenue on a 20-foot by 85.67-foot lot. The properties are zoned R6/C1-3 and benefit from the highly sought-after protected Tax Class 1 designation, ensuring long-term low carrying costs. All four residential units are delivered on month-to-month leases, presenting an immediate value-add opportunity with over 80% upside to market rents. The ground-floor retail spaces are currently occupied by strong, established tenants, providing stable in-place income from day one.
The properties are located directly adjacent to the 50th Street [D] subway station, providing residents and tenants with direct access
to Brooklyn, Manhattan, and Queens — driving consistent foot traffic and sustained demand for the ground-floor retail spaces.
The subject properties consist of four residential apartments above two ground-floor retail spaces, totaling approximately 6,000 square feet. Each building is constructed approximately 20 feet by 50 feet, with 4912 New Utrecht Avenue situated on a 20-foot by 90.25-foot lot and 4914 New Utrecht Avenue on a 20-foot by 85.67-foot lot. The properties are zoned R6/C1-3 and benefit from the highly sought-after protected Tax Class 1 designation, ensuring long-term low carrying costs. All four residential units are delivered on month-to-month leases, presenting an immediate value-add opportunity with over 80% upside to market rents. The ground-floor retail spaces are currently occupied by strong, established tenants, providing stable in-place income from day one.
The properties are located directly adjacent to the 50th Street [D] subway station, providing residents and tenants with direct access
to Brooklyn, Manhattan, and Queens — driving consistent foot traffic and sustained demand for the ground-floor retail spaces.
Faits sur la propriété
| Prix | 4 141 410 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 690,24 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6,93% | Taille totale du bâtiment | 6 000 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,08 AC |
| Statut | Actif |
| Prix | 4 141 410 $ CAD |
| Prix/pi² | 690,24 $ CAD / pi² |
| Taux de capitalisation | 6,93% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 6 000 pi² |
| Superficie totale du terrain | 0,08 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 4912 New Utrecht Ave, Brooklyn, NY 11219 | Commerce de détail | 3 000 pi² | 1930 | - |
| 4914 New Utrecht Ave, Brooklyn, NY 11219 | Commerce de détail | 3 000 pi² | 1930 | - |
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Contacts
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Matt Dittmeier -
Derek Bestreich -
Luke Sproviero -
Adam Lobel -
Toby Waring -
Investment Property Realty Group
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4912-4914 New Utrecht Ave
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