854 Blake Avenue, East New York, NY 11207

$850,000 Asking Price

6 beds
3 baths
3,200  sqft
Built in 1901

Prime Location: Nestled in a desirable Brooklyn neighborhood, this property enjoys proximity to the bustling city life. Conveniently situated near public transportation, parks, schools, and a variety of dining and shopping options. Income Potential: This approximately 3200 building size multi-family property boasts well-maintained and spacious units, making it an excellent income-generating asset. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage, this property has endless potential. Outdoor Space: Experience outdoor living in the heart of the city with a front patio and backyard. Perfect for relaxation or entertaining, this feature adds significant value to the property. Renovation Potential: For those with a vision, this property provides the opportunity to update and customize each unit to your liking. Create modern living spaces that will attract high-quality tenants and maximize income. Strong Market: Brooklyn continues to be one of New York City's hottest markets, making this property a sound investment with long-term growth potential. Flexibility: The property's layout has flexibility in terms of use. Whether you're interested in renting out all units, living in one while renting out the others, or converting the property into a spacious single-family home, the choice is yours. Don't miss out on this incredible opportunity to own a multi-family property in the heart of Brooklyn. Checkout and explore the potential that this property has to offer. Brooklyn living awaits you!

Features & Amenities

Interior

Basement:
Unfinished, Walk-Out Access
A/C:
false, None
Heating:
Natural Gas, Hot Water
Fireplace:
Fireplaces: 0

Exterior

Style:
Colonial
Parking:
On Street

Construction

General:
Three Or More

Location

Originating MLS:
onekey
School District:
Brooklyn 18
County:
Brooklyn

Lot

Zoning:
04060-0019

Utilities

Water:
Public
Sewer:
Sewer

Financial

Source:
onekey
Exclusions:
None
Listing Agent Compensation:
1.5
Buyers Agent Compensation:
1.5

This listing courtesy of:
Voro LLC

About Brooklyn, NY

Housing

Number of Units
1,030,903
Median Home Value
$787,890
Median Rent
$1,429

69.57% of housing units are renter occupied.

6.57% are vacant.

Commute

Car
18.26%
Public Transportation
45.84%
Walk to Work
6.96%
Work from Home
26.81%
Other
0.59%

The median travel time to work is 35 minutes.

People

Population
2,569,024
Median Age
36.80
Median Household Size
2.85

Education

High School
26.18%
Associate’s Degree
5.89%
Bachelor’s Degree
23.35%
Graduate Degree
15.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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