$1,298,000

7507 New Utrecht Ave Brooklyn, NY 11214

Bensonhurst Neighborhood

Estimated payment $7,691/month

Total Views 1,289
-- Bed
-- Bath
2,240 Sq Ft
$579 Price per Sq Ft

Highlights

  • Tile Flooring
  • 2-minute walk to 79 Street (D,M Line)
  • Back Yard
  • P.S. 112 Lefferts Park Elementary School Rated A
  • Heating System Uses Steam

About This Home

Mixed-Use Investment Property. Fully Tenanted – Immediate Cash Flow!

Property Overview:
• Ground floor: Retail store currently operating as a bar, rent $4,200/month
• Second floor: Two residential units (2BR/1BA front: $1,700 | 2BR/1BA rear: $1,400)
• Gross Annual Rent: ~$84,000
• Annual property tax: $7,598

Specifications:
• Lot size: 22.25x83ft
• Building size: 20 x 56 ft (approx. 2,240 sqft total)
• Near 79 St D train station, high foot traffic, excellent walkability score

Why Buy Here?
• High-visibility corner in Bensonhurst retail corridor
• Stable rental income + upside potential
• Approx. 5.4%CAP rate with low holding cost
• Ideal for investors seeking mixed-use properties with solid yield

Schedule your private tour today!

Listing Agent

LingQiong Liu

Tiger Realty Listed on: 07/21/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,598

Year Built

  • Built in 1931

Lot Details

  • 1,847 Sq Ft Lot
  • Lot Dimensions are 83 x 22
  • Back Yard
  • Property is zoned R5

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6225

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $7,000
  • Gross Income $86,400

Property Details

Property Type

Other

Est. Annual Taxes

$7,598

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1120
  • Building Length: 56.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bay Ridge Pky
  • Cross Street Name2: 76th St
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2240
  • Building Stories: 2
  • Street Name I D X: New Utrecht
  • Street Number I D X: 7507
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Other
  • Lot Sq Ft: 1847

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 43
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3600.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 83
  • Lot Size Width: 22
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 20598.00
  • Annual Gross Income: 86400
  • Insurance Expense: 7000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 7598.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $7,598 $71,340 $15,540 $55,800
2024 $7,598 $66,960 $15,540 $51,420
2023 $7,248 $73,380 $15,540 $57,840
2022 $6,722 $65,580 $15,540 $50,040
2021 $6,686 $59,820 $15,540 $44,280
2020 $5,014 $72,060 $15,540 $56,520
2019 $6,595 $75,840 $15,540 $60,300
2018 $6,062 $29,740 $7,315 $22,425
2017 $5,720 $28,059 $7,400 $20,659
2016 $5,292 $26,474 $8,382 $18,092
2015 $3,193 $26,474 $10,054 $16,420
2014 $3,193 $26,270 $11,979 $14,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $1,298,000 -- $579 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,038,000 --
Bargain Sale Deed $180,000 Regal Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,807 Unknown
Open $600,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $110,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494344

Brooklyn Board of REALTORS®

APN: 06225-0043

New York Kings County Brooklyn 11204 Bensonhurst

7507 New Utrecht Ave, Brooklyn, NY

This home is located at 7507 New Utrecht Ave, Brooklyn, NY 11214 and is currently priced at $1,298,000, approximately $579 per square foot. This property was built in 1931. 7507 New Utrecht Ave is a home located in Kings County with nearby schools including P.S. 112 Lefferts Park Elementary School, Junior High School 227 Edward B Shallow, and New Utrecht High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
LingQiong Liu
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Tiger Realty
(929) 470-4036