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