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
(4) Four 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