233 UTICA AVENUE
Description
Welcome to 233 Utica Avenue, a rare mixed-use gem located in the heart of Crown Heights / Weeksville, one of Brooklyn's most dynamic and rapidly evolving neighborhoods. This property combines immediate rental income, a turnkey restaurant opportunity, and long-term growth potential with favorable R6 / C1-3 zoning. Property Highlights Ground Floor: High-visibility commercial space with storage & utility room - excellent for office, or service use. First Floor: Fully built-out, ready-to-run restaurant space with existing infrastructure in place. Skip the cost and delays of a buildout-open for business on day one. Second Floor: Spacious 5 room, 3 bedroom one bathroom residential apartment currently rented. Third Floor: Two residential apartments (front & back), Each one is Studio/Convertible one bedroom fully rented. Independent Utilities: Each residential unit and the commercial space feature separate heating, hot water, gas meters, and electric meters, minimizing landlord expenses and maximizing tenant accountability. Neighborhood Dynamics Utica Avenue is a major commercial corridor connecting Crown Heights, Weeksville, and Bedford-Stuyvesant. The property enjoys heavy foot traffic, strong visibility, and growing consumer demand fueled by new residential developments and a thriving mix of businesses. Popular cafes, restaurants, and shops continue to revitalize the area, making this a sought-after location for both investors and entrepreneurs. Investment Opportunity Diverse Income Streams: Restaurant, retail, and three residential units provide both stability and upside. Strong Rental Market: Residential demand in Crown Heights continues to surge, ensuring consistent occupancy. Restaurant Potential: Fully equipped space in a neighborhood with booming dining culture-ideal for an owner-operator, franchise, or investor leasing to a proven restaurateur. Future Growth: R6/C1-3 zoning allows for long-term redevelopment or expansion potential. Low Operating Costs: With separately metered utilities, tenants cover their own expenses, simplifying management and boosting net income. This property is more than just real estate-it's a cash-flowing investment with huge upside in one of Brooklyn's fastest-growing neighborhoods.
Price history
Every list / cut / contract / sold event we've recorded.
- price decreaseMar 23, 2026$1.50M-6.3%Price decreased 6%
- price decreaseMar 10, 2026$1.60M-4.9%Price decreased 5%
- price decreaseDec 18, 2025$1.68M-6.6%Price decreased 7%
- listedNov 12, 2025$1.80MListed by Prime America Real Estate Inc
In-building transactions
Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.
Open violations + recent permits
DOB / HPD signals for this BBL.
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 26, 2024
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 12, 2024
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Mar 27, 2023
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Mar 2, 2022
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 13, 2021
- EQ-JOY CONSTRUCTION CORP
- AL-JOY CONSTRUCTION CORP
- BL-K.C PLG HTNG CONT CO
- PL-K.C PLG HTNG CONT CO
- FP-MASTER FIRE PREVENTION SYS INC
- PL-DANICA PLUMBING & HEATING CORP
- EQ-LIN CONSTRUCTION INC
- OT-LIN CONSTRUCTION INC