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East New York

229 Utica Ave, Brooklyn, NY 11213

This impressive three-story mixed-use building is strategically located in the vibrant East New York neighborhood of Brooklyn, an area undergoing significant growth and revitalization. Comprising two spacious three-bedroom residential apartments and a ground-floor commercial unit, this property offers a unique blend of residential and commercial opportunities. The building is situated on a generous 20ft x 80ft lot, providing ample space for both living and business activities. With strong visibility along the bustling Utica Avenue, this property benefits from exceptional foot traffic, making it an attractive option for both tenants and businesses alike. The building is well-maintained and positioned to cater to the increasing demand in the area, showcasing a solid income potential with an impressive cap rate. Additionally, the remarkably low property taxes enhance its financial appeal, making it an ideal investment for those seeking long-term growth. Surrounded by diverse transportation options, this location ensures convenient access for residents and customers, further elevating its desirability in the market.

Total Units: 1

For Sale: 0

For Rent: 0

Building type: Attached

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East New York

229 Utica Ave, Brooklyn, NY 11213

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