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2,200 sqft

$1,399,000

7206 New Utrecht Avenue, Brooklyn NY, 11228

Price per sqft$635.91
Built in1931
Property size2,200 sqft
Property typeMulti-family

Overview

Active

Listed Apr 13, 2026

Updated 3 weeks ago

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 2 years and 6 months 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. Apt will be delivery vacant at closing. 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.

$9,308/mo

Est. mortgage payment based on a $1,399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
500425

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$8,829
Tax Frequency
Annually

Listed by Xiujuan (Jenny) Wu with Tiger Realty
Listing Contact: 9177089966 

Based on information from Brooklyn Board of REALTORS®. Data last updated 9/15/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Denise DeLeo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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