Nest Seekers

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, ...

New York, NY 11213

Listing

Web ID:5140482
Website:https://www.nestseekers.com/5140482

Property

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

Financials

Price:$1,600,000
Annual Taxes:$19,258.24

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
  • 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

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of MYNY Residential
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