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Three-Story 12-Unit Walk-Up Building
For Sale
Contact for pricing
Pending

229 Troy Ave, Brooklyn, NY 11213

Well-maintained three-story walk-up with 12 free-market units in a convenient Crown Heights area.

Property SizeContact for details
Days on Market137

Property Features for 229 Troy Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Stories 3
Listing Agency: Compass East Side
Listed By: Alex Cohen · License #NY 40CO0925440
Source: Crexi
Added: Apr 11 Changed: Aug 10 Last Checked: Aug 23 at 7:44AM

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 Compass East Side

Investment Insights

Based on property information with market context.

229 Troy Avenue is a well-maintained, three-story, 12-unit free market walk-up multi-family property. The building is described as a solid residential income asset within Brooklyn’s Crown Heights area.

The address is positioned in the Weeksville section, between St. Johns Place and Sterling Place. Public transit access is noted as a five-minute walk from the Utica Avenue (3/4) subway, with routes providing two stops to Atlantic Avenue/Barclays and four stops to Manhattan.

The remarks also identify possible value-add opportunities, including duplexing two units with a lower level, adding laundry, and developing a rooftop tenant amenity.

Key Highlights

  • 12‑unit free‑market, three‑story walk‑up multi‑family at 229 Troy Avenue
  • Located in the Weeksville section of Crown Heights, between St. Johns Place and Sterling Place
  • Utica Avenue (3/4) subway is about a 5‑minute walk, with 2‑stop service to Atlantic Avenue/Barclays

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

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

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

4,848
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained three-story walk-up with 12 free-market units in a convenient Crown Heights area.
Where is this apartment building located?
The property is located at 229 Troy Ave Brooklyn, NY.
What are key features of this property?
This property features: 12‑unit free‑market, three‑story walk‑up multi‑family at 229 Troy Avenue; Located in the Weeksville section of Crown Heights, between St. Johns Place and Sterling Place; Utica Avenue (3/4) subway is about a 5‑minute walk, with 2‑stop service to Atlantic Avenue/Barclays
More about this property
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