For Sale

Listed by Anthony Domathoti from Exit Realty Premium

Source: OneKey #1043473

118 Utica Avenue, New York, NY, 11213

$350,000

667 sq. ft.

Land

30+ days on the market

What's around 118 Utica Avenue

About this property

Vacant lot nestled between Bergen Street and St. Marks Avenue — Block 1354, Lot 47 — offering approved plans to build two beautiful, multi-level residences. This is a rare chance to acquire a shovel-ready development site in one of Brooklyn's most vibrant neighborhoods, with the design work, drawings and approvals already completed and in hand. Lot size is 13.17 x 50.67. Zoning is R6. Annual taxes are $1,200 with no tax abatement in place, which keeps the current carrying cost low while a buyer moves toward construction. The approved architectural plans include two spacious units. Unit 1 spans three levels and includes exclusive access to a private backyard, giving the lower residence real outdoor living space that is increasingly hard to find in the borough. Unit 2 also spans three levels and is crowned by a private rooftop oasis, an ideal spot for entertaining, gardening or simply taking in the skyline. Each unit is thoughtfully designed to include modern conveniences such as in-unit washers and dryers and dishwashers, the kind of details today's buyers and tenants expect from new construction. The value here is in the work already done. Anyone who has taken a Brooklyn infill site from raw land through design, filing and approval knows how much time, professional fees and uncertainty that process absorbs. This offering removes a substantial portion of that risk. A buyer steps in with an approved concept, a defined unit mix and a clear path forward, rather than starting at the drawing board and waiting on a lengthy review cycle. For a builder working on a schedule, that head start has real dollar value. The two-unit configuration also gives the eventual owner flexibility. A developer can build and sell both residences. An investor can hold the property and rent both units. An end user can occupy one three-level residence and let the second unit help carry the property, a strategy that has served Brooklyn owners well for generations. The private backyard on one unit and the private roof terrace on the other mean each residence has its own distinct outdoor amenity and its own appeal, rather than competing for the same buyer or tenant. The location speaks for itself. Sitting on the block between Bergen Street and St. Marks Avenue places the site in an established, well-connected part of Brooklyn with easy access to transit, shopping, dining and the daily conveniences that drive demand for new residential product. Blocks like this one continue to attract steady interest from buyers who want space, light and outdoor access without leaving the borough. Brownstone-lined side streets, neighborhood retail corridors and multiple subway options are all part of the everyday fabric here, and new residential product in this pocket of Brooklyn has consistently found an audience. This is a straightforward opportunity for the right buyer: a well-proportioned lot, favorable R6 zoning, low current taxes and approved plans for two thoughtfully designed multi-level homes. Sites that arrive this far along in the process do not sit long, and interest is expected to be strong from both builders and end users. Plans, survey and supporting documentation are available upon request. Serious inquiries are welcome and a buyer is encouraged to review the full package with their architect, expediter and lender. A rare opportunity to build in one of Brooklyn's most vibrant neighborhoods — don't miss it. Buyer and buyer's representative to independently verify all zoning, approved plans, permit status and expiration, lot dimensions, tax figures, buildable square footage and any other material information with the appropriate municipal agencies and licensed professionals. All information is deemed reliable but is not guaranteed and is subject to errors, omissions, change of price or withdrawal without notice. No representation is made as to what can ultimately be constructed on the site. Property is offered subject to prior sale.

Looking for more information on 118 Utica Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$475,000
1685 Union Street
New York NY 11213
Land
Listing courtesy of BERGEN BASIN REALTY
For Sale
$1,849,000
48/1683 Union Street
New York NY 11213
Land
Listing courtesy of CITI STAR REALTY
For Sale
$995,000
1506a Pacific Street
New York NY 11213
Land
Listing courtesy of Coldwell Banker Reliable R E

Other properties for sale by Exit Realty Premium

For Sale
$330,000
34 Shore Drive
Columbia County NY 12523
2
1
3
Single-Family
Listing courtesy of Exit Realty Premium
For Sale
$1,199,998
1651 Hering Avenue
New York NY 10461
6
3
2
Duplex
Listing courtesy of Exit Realty Premium
Pending
$995,000
237 Willow Street
Roslyn Heights NY 11577
4
1
2
Single-Family
Listing courtesy of Exit Realty Premium

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent