229 Utica

229 Utica Avenue, Brooklyn, NY 11213

A rare opportunity to own a three-story Mixed-use investment property in one of Brooklyn's most rapidly growing Corridors. This solid Mix-used building consists of 2 three-bedroom residential apartment and 1 ground- floor commercial unit. Sitting on a 20ftx80ft lot with a building of 20x80 ft (store front) and 20x55 (residential units). This property is in great condition. Ideal for investors, developers or owner-users seeking strong income potential and maximum flexibility. Located on a high-traffic stretch of Utica Ave in the heart of Crown Heights Brooklyn. Surprisingly low property tax 4,774/year and the annual insurance cost is about 3,360, plus the water bill is only 1,800/year, making this property even more financially attractive. The property benefits from exceptional foot traffic, strong visibility and long-term neighborhood demand. Don't miss your chance on this once-in-a lifetime real estate treasure. Surrounded by all forms of transportation, thriving business and schools.