1116 Blake Ave

Investment Overview

Asset CRG Advisors, LLC has been exclusively retained to market 1116 Blake Avenue, a newly completed two-family property located in the East New York neighborhood of Brooklyn. Built in 2025, the property consists of approximately 2,520 built square feet situated on a 1,800-square-foot lot, with each unit averaging approximately 1,260 square feet. The property features two spacious residences with thoughtfully designed layouts and modern finishes throughout. Unit 1 consists of a three-bedroom, four-bathroom triplex spanning the basement, first floor, and second floor. Unit 2 features a three-bedroom, three-bathroom duplex occupying the upper levels of the property. The property received its final Certificate of Occupancy in 2026, presenting a turnkey opportunity for investors seeking rental income or owner-occupants looking for a move-in-ready residence with minimal near-term capital requirements. Zoned R5 and located within a Qualified Opportunity Zone, the property offers potential tax advantages and long-term appreciation in a growing Brooklyn neighborhood. 1116 Blake Avenue is conveniently located near the Shepherd Avenue [C] subway station, providing direct access throughout Brooklyn and Manhattan.

Investment Highlights

• ⁠Newly completed two-family property in the East New York section of Brooklyn, with a final Certificate of Occupancy issued in 2026.
• Approximately 2,520 SF of brand-new construction featuring thoughtfully designed layouts and modern finishes throughout, with each unit averaging approximately 1,260 SF.
• Unit 1 consists of a 3-bedroom, 4-bathroom triplex spanning the basement, first floor, and second floor. Unit 2 features a 3 bedroom, 3-bathroom duplex occupying the upper levels of the property.
• ⁠Turnkey opportunity, ideal for investors seeking rental income or owner-occupants looking for a move-in-ready property.
• ⁠Located in a growing Brooklyn neighborhood benefiting from continued residential development and investment.
• Conveniently situated near the Shepherd Avenue [C] subway station, providing direct access throughout Brooklyn and Manhattan.