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229 Troy Avenue Brooklyn $2,600,000
  • 5,550
    SF
  • 12
    Units
  • $468
    $/SF
  • 6.30%
    Cap Rate
  • $39,882
    ANNUAL TAX BILL
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229 Troy Avenue
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INVESTMENT HIGHLIGHTS

INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 229 Troy Avenue, a 12-unit free market multifamily building located in the heart of Crown Heights, Brooklyn. The building is situated between Sterling Place and Saint John's Place on the east side of Troy Avenue.


Five (5) units have been renovated and include stainless steel appliances, granite counter tops, and modern fixtures. The other seven (7) units have been well maintained and were renovated within the past 5 years.


The building is located four blocks away from the Utica Avenue Subway Station servicing the 3, 4, and 5 lines and multiple MTA buses canvas the area. 229 Troy Avenue is next to the Kipp Amp Middle School and Elementary School, two blocks from St. John's Park and Recreation Center, and three blocks away from Brower Park and the Brooklyn Children's Museum.

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