Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
Financials
Listing Courtesy of Real Estate Concept Group Inc
Fully Renovated Mixed Use Property for Sale This turnkey, fully occupied mixed use property presents a compelling investment opportunity with immediate, stable cash flow and strong long term upside in ...
Description
Fully Renovated Mixed-Use Property for Sale
This turnkey, fully occupied mixed-use property presents a compelling investment opportunity with immediate, stable cash flow and strong long-term upside in a rapidly developing Brooklyn corridor.
Residential Component
Four (4) fully renovated apartments
(2) Four-bedroom units
(2) Two-bedroom units
Each unit features independent boilers for separate heating control
100% occupied with Section 8 tenants, providing reliable, government-backed income
All Apartments Free Market with annual leases
Commercial Component
Two Street-level retail storefront(s)
Fully renovated spaces
Separate utilities for commercial tenants
Investment Highlights
Minimal owner expenses: landlord responsible only for water and common area electricity
Fully upgraded systems: plumbing, electrical, and heating
Immediate cash flow
Strong tenant demand in high-growth submarket
Location & Growth Drivers
Strategically located near major development projects expected to significantly enhance the area’s residential density and economic activity:
329 Clarkson Avenue (Clarkson Estates) – ~328 Units Finished 2026
564 Utica Avenue (Utica Crescent) – ~325 Units Under Development
These projects, along with additional nearby developments, are projected to bring **over 1,000 new residential units within a 2-mile radius by 2027**, driving increased foot traffic, rental demand, and long-term asset appreciation.
Investment Summary
This offering combines:
Stable, government-backed residential income
Retail upside potential
Low management intensity
Positioning in a growth corridor
Ideal for investors
Amenities
- Cable - Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Fire Alarm
- Fire Escape
- Natural Gas Available
- Natural Gas Connected
- Phone Available
- Phone Connected
- Security System
- Sewer Available
- Sewer Connected
- Trash Collection Public
- Underground Utilities
- Water Available
- Water Connected

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.