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Mixed-Use Property in Prime Location
For Sale
$950,000

1697 E New York Ave, Brooklyn, NY 11212

Mixed-use property with commercial space and residential unit in Brooklyn.

Days on Market98

Property Features for 1697 E New York Ave

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1901
Listing Agency: Charles Rutenberg Realty, Inc.
Listed By: Katya Y. Lantigua
Source: Elliman
Added: Apr 28 Changed: Jul 10 Last Checked: Aug 2 at 12:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty, Inc.

Investment Insights

Based on property information with market context.

This semi-detached mixed-use property, located in a convenient Brooklyn location, presents an opportunity for investors. The building features a commercial space on the ground floor and one residential apartment on the second floor. The residential unit includes four bedrooms, a living room/dining room/kitchen combination, and one bathroom. The second floor will be delivered vacant. The property benefits from its proximity to public transportation, with access to several subway lines and buses. The location has a walk score of 91, indicating it is a walker's paradise, a transit score of 100, indicating it is a rider's paradise, and a bike score of 67, indicating it is bikeable. The property is zoned R7A and includes a full basement.

Key Highlights

  • R7A zoning offers excellent investment opportunity for mixed‑use property
  • Prime location with a transit score of 100, designated as a 'Rider's Paradise'
  • Second floor residential apartment (4 bedrooms, LR/DR/KIT, 1 bath) to be delivered vacant

Property Analytics

Current Use

Giselle Mini Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,879
Businesses Nearby
177k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 33% Groceries 15% Apparel 7%
McDonald's Dining
37,754 visits/mo 0.5 miles
BP Shops & Services
23,215 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
19,139 visits/mo 0.5 miles
America's Food Basket Groceries
13,570 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,409 visits/mo 0.4 miles

Demographics for 11212, NY

91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value

Market

Properties on Market for Mixed-use properties in Brooklyn

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial space and residential unit in Brooklyn.
Where is this mixed-use property located?
The property is located at 1697 E New York Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: R7A zoning offers excellent investment opportunity for mixed‑use property; Prime location with a transit score of 100, designated as a 'Rider's Paradise'; Second floor residential apartment (4 bedrooms, LR/DR/KIT, 1 bath) to be delivered vacant
More about this property
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