243 Troy Ave Brooklyn, NY 11213
Property profile & analytics
243 Troy Ave Brooklyn, NY 11213
- Retail residential properties
- 10,108 SF
- 0.06 lot acres
Property ID
US63-5576188
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Three in one nail spa / Hair Salon / Nail Salon
- Cien Credit Repair Brooklyn NY / Financial Advisor
- Allan Gershberg Agency / Insurance Agency
Property Details for 243 Troy Ave
- Year built
- 1907
- Lot size
- 0.06 lot acres
- Property size
- 10,108 SF
- Zone code
- R6
- Property type
- Retail residential properties
- APN
- 01377-0001
- APU
- 13770001
Description
This exceptional mixed-use property, located at 243 Troy Ave in the vibrant Crown Heights section of Brooklyn, presents a compelling investment opportunity. The four-story walk-up building, constructed in 1907 and extensively renovated in 2019, boasts a total of 12 residential apartments and 5 commercial spaces. The building's strategic location offers easy access to a wealth of amenities, including shopping, dining, and entertainment venues. A significant advantage is its proximity to the Utica Avenue Station, providing convenient access to the 2, 3, and 4 subway lines. The apartment mix includes a balance of free-market and rent-stabilized units, with 75% of the residential units having undergone a complete gut renovation. This ensures a strong current income stream and potential for future appreciation. The building's solid construction and recent upgrades, combined with its desirable location and diverse income streams, make this a truly remarkable investment opportunity in a thriving Brooklyn neighborhood. The asking price for this 12-unit apartment building is $3,750,000. This property offers a blend of residential and commercial space, providing a diversified income stream and significant potential for long-term growth. The Kings County location provides access to a robust and growing market.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,970,000 Current use
- WAREHOUSE, STORAGE
- $5,065,000 Change: +28% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9362
- Latitude
- 40.671
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$85,709
$76,050
$701,550
$777,600
-
$169,000
$1,559,000
$1,728,000
