4717 New Utrecht AveBrooklyn, NY 11219

This exceptional mixed-use property at 4717 New Utrecht Avenue in Brooklyn, NY (zip code 11219), presents a unique investment opportunity. The building, totaling 2,500 square feet, is currently vacant and ready for immediate occupancy. It features a ground floor retail space of 1,500 square feet, complete with a sizable backyard and a full basement, offering significant potential for various retail ventures. The second floor comprises a 1,000-square-foot residential apartment, enhanced by a 500-square-foot outdoor terrace and access to the backyard. This two-story building sits on a 2,330-square-foot lot (23.75 ft x 109 ft) and boasts significant untapped potential with 3,169 square feet of unused floor area ratio (FAR). The property is zoned R6 and C2-3, allowing for a wide range of uses. The asking price is $1,700,000, translating to $680 per square foot and $850,000 per unit. This prime location on a busy retail corridor in Kings County makes this a highly attractive investment for owner-users seeking a blend of commercial and residential space, or for investors looking to capitalize on the substantial unused FAR. The building's excellent condition and substantial backyard add to its appeal. Don't miss this chance to acquire a versatile and valuable property in a thriving Brooklyn neighborhood.