Commercial Sale in Brooklyn, New York, Brooklyn, NY 11216 | Web ID: PH605938 | $6,899,999

“the crown” – a premier investment opportunity in crown heights nestled in the vibrant heart of crown heights, “the crown” is an extraordinary pre-war, 20-unit building that seamlessly blends classic charm with modern updates. Situated on a 52x100 lot with a total interior square footage of 14, 457 sq. Ft. , the property offers ample space and functionality, making it a rare gem in the neighborhood. Zoned r7a with a c2-4 commercial overlay, it presents significant potential for future development or mixed-use possibilities. This building features a mix of 6 free-market units and rent-stabilized apartments, with each unit offering breathtaking rooftop skyline views of the city. Designed with accessibility and convenience in mind, it boasts handicap accessibility, exceptional cleanliness, and a prime location near public transportation, diverse dining options, and health-focused supermarkets. Located just 20 minutes from manhattan, “the crown” is ideally positioned to attract both residents and investors. The property currently generates a 6% rent cap, providing a stable and attractive rental income stream. Whether you’re seeking an income-producing asset or exploring the potential for further development, “the crown” is a rare and unparalleled investment opportunity in one of brooklyn’s most dynamic neighborhoods.