7206 New Utrecht Ave, Brooklyn, NY, 11228
About This Home
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 3 years 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. 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.
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1931
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
- Construction materials: Brick,Other
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished,Full
Features
- Flooring: Tile,Other
Heating
- Heating features: Natural Gas,Hot Water
Interior Area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Details
- Parcel number: 061910037
- Attached to another structure: Yes
- Zoning: R5
- Special condition: Arm's Length
- Foundation area: 1100
Features
- Stories: 2
Lot
- Lot size: 2,370 sqft
- Features: Back Yard
- Lot size dimensions: 22x106
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,180 | $86,160 |
| Home Insurance * | $392 | $4,704 |
| Property Taxes | $662 | $7,944 |
| Electricity | $363 | $4,362 |
| Total | $8,597 | $103,164 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $1,480,000 |
| 2026-04-13 | Listed for sale | $1,483,000 |
| 2026-04-13 | Listing removed | $1,480,000 |
| 2026-01-13 | Listed for sale | $1,480,000 |
| 2007-06-11 | Sold | $645,000 |
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