7225 New Utrecht Ave Brooklyn, NY 11228
Bensonhurst NeighborhoodEstimated payment $13,199/month
Highlights
- Tile Flooring
- 3-minute walk to 71 Street
- Back Yard
- P.S. 112 Lefferts Park Elementary School Rated A
- Heating System Uses Steam
- 3-minute walk to Lt. Joseph Petrosino Park
About This Home
This corner mixed-use brick building, featuring 2-commercial and 4-family, is located in a highly desirable prime neighborhood with significant potential for growth. The building, measuring 22x72 feet and situated on a 22x81 foot lot, offers 4 spacious two-bedroom apartments above 2 ground-floor storefronts. Additionally, the property includes a full basement with a separate entrance, providing extra functionality and expansion opportunities.
Property Details
Property Type
- Other
Est. Annual Taxes
- $26,027
Year Built
- Built in 1926
Lot Details
- Lot Dimensions are 81 x 22
- Irregular Lot
- Back Yard
- Property is zoned R5
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3-Story Property
Flooring
- Laminate
- Tile
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6192
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $5,441
- Insurance Expense $4,975
- Gross Income $120,000
- Net Operating Income $77,557
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $26,031 | $473,400 | $5,400 | $468,000 |
| 2023 | $23,650 | $591,750 | $5,400 | $586,350 |
| 2022 | $21,841 | $496,800 | $5,400 | $491,400 |
| 2021 | $20,513 | $397,350 | $5,400 | $391,950 |
| 2020 | $15,371 | $436,950 | $5,400 | $431,550 |
| 2019 | $20,200 | $425,520 | $5,400 | $420,120 |
| 2018 | $18,862 | $148,300 | $2,258 | $146,042 |
| 2017 | $17,466 | $137,320 | $2,337 | $134,983 |
| 2016 | $16,583 | $128,629 | $2,415 | $126,214 |
| 2015 | $10,642 | $125,557 | $2,332 | $123,225 |
| 2014 | $10,642 | $123,203 | $2,748 | $120,455 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Price Changed | $1,980,000 | -5.7% | $412 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $2,100,000 | -- | $437 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $205,000 | Commonwealth Land Title Ins | |
| Deed | $205,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | Unknown |
Source: Brooklyn Board of REALTORS®
MLS Number: 492885
APN: 06192-0001
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