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Mixed-Use Building in Crown Heights
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243 Troy Ave, Brooklyn, NY 11213

Four-story building with apartments and commercial spaces in Brooklyn.

Property SizeContact for details
Days on Market299

Property Features for 243 Troy Ave

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Building Details

Year Built 1907
Year Renovated 2019
Buildings 1
Stories 4
Units 12
Listing Agency: Alpha Realty NY
Listed By: Lev Mavashev · License #NY 10351208812
Source: Crexi
Added: Oct 27, 2025 Changed: Aug 21 Last Checked: Aug 14 at 5:58AM

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 Alpha Realty NY

Investment Insights

Based on property information with market context.

This is a four-story walk-up building that features 12 apartments and 5 commercial spaces. The property is located in the Crown Heights section of Brooklyn, offering convenient access to shopping, dining, and entertainment. It is also within walking distance of the Utica Avenue Station, providing access to the 2, 3, and 4 subway lines. Fifty percent of the units are free-market, and seventy-five percent of the units have been gut-renovated.

Key Highlights

  • 50% free‑market apartments offer immediate income upside.
  • 75% of units gut‑renovated, minimizing immediate capital expenditures.
  • Prime Crown Heights location, close to amenities.

Property Analytics

Current Use

Three in one nail ... Hair Salon Cien Credit Repair ... Financial Advisor Allan Gershberg Agency Insurance Agency

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.

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?
Mixed-use property - Four-story building with apartments and commercial spaces in Brooklyn.
Where is this mixed-use property located?
The property is located at 243 Troy Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 50% free‑market apartments offer immediate income upside.; 75% of units gut‑renovated, minimizing immediate capital expenditures.; Prime Crown Heights location, close to amenities.
More about this property
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