$1,150,000
Updated 4 years ago
Sold

7303 New Utrecht Ave

Bensonhurst, Brooklyn | 74th Street & 73rd Street

3,000 Square FeetMixed Use

$1,150,000
floors / apts3 / 2
Building TypeLow-Rise
RE Taxes$7,541
Price Per SF
$383

This property was sold for $1,150,000 on 05/31/22.

Outdoor space and views

  • Backyard

Property Description for 7303 New Utrecht Ave

Great opportunity in Bensonhurst for a Mixed use brick building. Vacant storefront with 2 apartments. Store front includes a glass window with gate, half bath and back yard. The building includes a basement and 2 apartments. There are long term tenants in the apartments and they have two years remaining on their leases. Landlord pays heat. Side of building has allowance for you to hang your company sign. Lot 20x74.58 IRR. Building Sq. Ft. 3000 sq. ft. Taxes $7541. Annual insurance $2500. Est. Annual Water and sewer $2500. Annual heat $3000. R-5 Zoning. Year Built 1931.

Building Details for 7303 New Utrecht Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/2
Learn More About the Building

Contact Agent

Contact Agent

Jodi Gold
Weichert, Realtors ® - Franzese Group

Bensonhurst | Brooklyn

Quick Profile

Bensonhurst is a densely populated residential neighborhood with a bustling business district in the southwest section of Brooklyn. It’s a storied neighborhood and is considered to be the most ethnically diverse neighborhood in New York City.

Technically, Bensonhurst doesn’t quite have the same clean-cut boundaries the way other neighborhoods do. It has an odd shape that intertwines with the surrounding communities of Bath Beach, Dyker Heights, Borough Park and Mapleton. The neighborhoods are sometimes mistaken for Bensonhurst and vice versa. It’s bordered by 14th Avenue, which is to the northwest, 60st Street and McDonald Avenue to the northeast, Avenue S to the southeast, and 86th Street to the southwest.

You won’t find that many luxury building developments in this neck of the woods either. Much of the Bensonhurst neighborhood still has that old Brooklyn charm. It’s architecture comprises co-ops, condos, single-family attached, semi-attached, fully-detached homes, and also multi-family homes. It’s a healthy mix of quiet residential blocks and bustling commercial thoroughfare, especially along 86th Street. Bensonhurst has many similarities to Bath Beach, it’s immediate neighbor to the south.

Bensonhurst was once part of New Utrecht, which was one of the original six towns within Kings County. It was later absorbed into what we know as modern day Brooklyn. It is named after the Benson family, who were farmers and landowners and controlled much of Bensonhurst and parts of Bath Beach.

In its early history, Bensonhurst was mostly Italian-Americans and Jewish immigrants. In recent years the neighborhood has seen many Chinese, Russian, Middle Eastern and Mexican residents who call Bensonhurst home.

Besides the ethnic enclaves residing in Bensonhurst, the neighborhood is also attracting younger residents and families. The cost of living is considerably less compared to other parts of Manhattan and Brooklyn. In 2019, the homeownership rate in Bensonhurst was 36.5%, higher than the citywide share of 31.9%.

The D, N, and F service Bensonhurst and will shoot you straight into Midtown Manhattan where bus lines service the rest of the borough.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 84367TH