1116 Blake ave - Apartments FOR SALE


Brooklyn, NY 11208- East New York
$1,199,000 USD
347-762-4055
1116 Blake ave, Brooklyn, NY for Sale
$1,199,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1116 Blake ave
Brooklyn, NY 11208
East New York


HIGHLIGHTS

  • Newly completed two-family property in the East New York section of Brooklyn, with a final Certificate of Occupancy issued in 2026.
  • Brand-new construction featuring thoughtfully designed layouts and modern finishes throughout, with each unit averaging approximately 1,260 SF.
  • Unit 1 consists of a 3-bedroom, 4-bathroom triplex spanning the basement, first floor, and second floor.
  • Unit 2 features a 3- bedroom, 3-bathroom duplex occupying the upper levels of the property.
  • Turnkey opportunity, ideal for investors seeking rental income or owner-occupants looking for a move-in-ready property.
  • Located in a growing Brooklyn neighborhood benefiting from continued residential development and investment.

OVERVIEW

Asset CRG Advisors, LLC has been exclusively retained to market 1116 Blake Ave., a newly constructed two-family property in the East New York neighborhood of Brooklyn. Completed in 2025 with a final Certificate of Occupancy issued in 2026, the property consists of approximately 2,520 square feet across three stories on an 1,800-square-foot lot. The property is configured as two spacious residences averaging approximately 1,260 square feet each. Unit 1 features a 3-bedroom, 4-bathroom triplex, while Unit 2 consists of a 3-bedroom, 3-bathroom duplex, offering a total of 6 bedrooms and 7 bathrooms. Modern finishes, open layouts, and quality construction create a true turnkey opportunity for both investors and owner-occupants. Whether you’re looking to generate rental income, live in one unit while renting the other, or add a low-maintenance asset to your portfolio, 1116 Blake Avenue offers exceptional flexibility and long-term value. Located in a growing Brooklyn neighborhood within an Opportunity Zone, this move-in-ready property presents a rare chance to acquire new construction without the costs and uncertainty of renovations.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$476 USD /SF

# OF UNITS

2

PRICE/UNIT

$599,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newly Completed Two-Family

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,831 SF

ZONING

R5

APN/PARCEL ID

04072-0024

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

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Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.