243 Troy AveBrooklyn, NY 11213

This exceptional mixed-use property, located at 243 Troy Ave in the vibrant Crown Heights section of Brooklyn, presents a compelling investment opportunity. The four-story walk-up building, constructed in 1907 and extensively renovated in 2019, boasts a total of 12 residential apartments and 5 commercial spaces. The building's strategic location offers easy access to a wealth of amenities, including shopping, dining, and entertainment venues. A significant advantage is its proximity to the Utica Avenue Station, providing convenient access to the 2, 3, and 4 subway lines. The apartment mix includes a balance of free-market and rent-stabilized units, with 75% of the residential units having undergone a complete gut renovation. This ensures a strong current income stream and potential for future appreciation. The building's solid construction and recent upgrades, combined with its desirable location and diverse income streams, make this a truly remarkable investment opportunity in a thriving Brooklyn neighborhood. The asking price for this 12-unit apartment building is $3,750,000. This property offers a blend of residential and commercial space, providing a diversified income stream and significant potential for long-term growth. The Kings County location provides access to a robust and growing market.