1116 Blake Ave

1116 Blake Ave is located in the East New York neighborhood of Brooklyn, a primarily residential area experiencing ongoing new development and neighborhood revitalization. The surrounding area consists of a mix of single- and multi-family homes, newer construction projects, and community-serving retail along nearby corridors such as Liberty Avenue, Pennsylvania Avenue, and Pitkin Avenue. The property benefits from convenient access to public transportation, including the Shepherd Avenue Station (C train), providing direct service to Downtown Brooklyn and Manhattan. Additional transit options, local schools, parks, and neighborhood amenities further support the area’s strong residential demand and continued growth trajectory.Asset CRG Advisors, LLC has been exclusively retained to market 1116 Blake Avenue, a newly completed two-family property located in the East New York neighborhood of Brooklyn. Built in 2025, the property consists of approximately 2,520 built square feet situated on a 1,800-square-foot lot, with each unit averaging approximately 1,260 square feet. The property features two spacious residences with thoughtfully designed layouts and modern finishes throughout. Unit 1 consists of a three-bedroom, four-bathroom triplex spanning the basement, first floor, and second floor. Unit 2 features a three-bedroom, three-bathroom duplex occupying the upper levels of the property. The property received its final Certificate of Occupancy in 2026, presenting a turnkey opportunity for investors seeking rental income or owner-occupants looking for a move-in-ready residence with minimal near-term capital requirements. Zoned R5 and located within a Qualified Opportunity Zone, the property offers potential tax advantages and long-term appreciation in a growing Brooklyn neighborhood. 1116 Blake Avenue is conveniently located near the Shepherd Avenue [C] subway station, providing direct access throughout Brooklyn and Manhattan.