New York, NY 11213

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,600,000
Annual Taxes:$19,258.24
Listing Courtesy of MYNY Residential

Crown Heights Mixed Use Property with Strong Upside Potential Here s a rare opportunity to acquire a well positioned four story mixed use building in the heart of Crown Heights, ...

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View of property

View of property
View of property
View of apartment building / complex
View of apartment building / complex
View of building exterior
View of building exterior
Living room with wood finished floors
Living room with wood finished floors
Living room with a ceiling fan and carpet floors
Living room with a ceiling fan and carpet floors
Living room featuring ceiling fan
Living room featuring ceiling fan
Dining space featuring baseboards
Dining space featuring baseboards
Kitchen with white appliances, light countertops, light tile patterned flooring, washer / clothes dryer, and decorative backsplash
Kitchen with white appliances, light countertops, light tile patterned flooring, washer / clothes dryer, and decorative backsplash
Bedroom with dark carpet
Bedroom with dark carpet
View of room layout
View of room layout
View of propertyView of propertyView of apartment building / complexView of apartment building / complexView of building exteriorView of building exteriorLiving room with wood finished floorsLiving room with wood finished floorsLiving room with a ceiling fan and carpet floorsLiving room with a ceiling fan and carpet floors

Description

Crown Heights Mixed-Use Property with Strong Upside Potential Here’s a rare opportunity to acquire a well-positioned four-story mixed-use building in the heart of Crown Heights, Brooklyn. Located just a short distance from the Kingston Avenue and Utica Avenue stations on the 3 train, this property sits within a stable residential neighborhood with convenient access to Eastern Parkway, public transportation, local schools, and community amenities. The building includes seven residential units, each featuring a three-bedroom layout, along with one ground-floor commercial space offering street visibility. The property has been held for an extended period and will benefit from updates throughout, presenting an opportunity to modernize and unlock its full potential. The large unit sizes, solid layout, and flexible configuration provide room for long-term value creation. The commercial space can support a range of uses, depending on the new owner’s vision and updates. This is a strong option for any party looking to acquire and improve a classic Brooklyn asset in a well-connected and good location. With increasing demand throughout Crown Heights and continued neighborhood growth, this property offers the scale, location, and layout to deliver reliable performance over time. Property is being sold as-is.

Amenities

  • Other

Long Island MLS

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.