964 Utica Avenue
Mixed-Use | 7.17% Cap In Place & 7.94% PF Cap | 5 Units
Marketing description
Sinclair Realty Group is pleased to exclusively represent the ownership of 964 Utica Avenue, a Free Market, five apartment over one storefront building located in East Flatbush, Brooklyn (“the property”) in this sale.
Located one and a half a city blocks from the bustling commercial intersection of Church avenue, the property is a short 2-minute walk from major credit tenants on Utica ave, which boasts 15,000 Average Daily Traffic Counts. All units are statutorily Free Market and renovated. The building’s residential tenants are all program, subsidized tenants, two of which are awaiting annual recertification for rent increases.
Investment highlights
Annual recertification applications submitted in February - Cap. Rate expected to rise to ~7.94% when approved later in 2026
Legal five (5) family with store
Statutorily 100% free market property
All apartments have been renovated
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
