BEDS4
BATHS3 full
MLS#862244
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 19
Property Description
Rare opportunity at 774 Blake Avenue - perfect for the savvy investor AND the smart first-time homebuyer! Reimagine the space, bring your vision and make This powerhouse property your own - formerly a two-family with a commercial storefront - is primed for reconversion and packed with income-producing potential. First-time buyers, take note - this property may qualify for an FHA 203k renovation loan, allowing you to finance both the purchase and renovation costs in one mortgage, turning potential into profit from day one.The main unit features 3 bedrooms, a formal living room, full bath and a full kitchen. The expansive front living area on the first floor presents a compelling opportunity to restore the commercial storefront or expand into additional living space. The rear unit offers a private entrance, 1 bedroom, living room/dining/kitchen, and full bath - live in one unit and rent the other to offset your mortgage. Basement offers room to finish for additional living or recreation space. Generous backyard. Property is easily accessible for showings. With comparables in this thriving neighborhood commanding top dollar, $749,000 represents exceptional value for the scope of opportunity here. Whether you're building a portfolio or planting roots - this property works for you. Conveniently located near public transportation, a neighborhood park, and community garden.Don't let it pass you by. Submit your highest and best offer.Property will be delivered vacant.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Heating: Baseboard
Home Style: Colonial
Lot Size: 0.04 Acres
Taxes: $3,490
Year Built: 1930
Amenities
First Floor Bedroom
First Floor Full Bath
Formal Dining
Feature Descriptions
Building Area Total: 1990
Days on Site: 1
Exterior: Brick
Fencing: Back Yard
Formal Dining: Yes
Heating Units: 2
Heating Zones: 2
On Market Date: 2026-05-01
Parcel Number: 04057-0022
Parking Features: On Street
Parking Total: 0
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 2
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Perf Arts & Tech High School
Middle School: East New York Middle Sch-Excellence
Elementary School: Ps 89 Cypress Hills
School District: Brooklyn 19
Estimate Your Payment
Estimated Payment
$ 4,296.64 per month $3,787.35 Principal & Interest $290.83 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: The C Y D Realty Group LLC
Agency Contact: 718-341-9900
Shown By
Agent Name: Lynn Motondo
Agent Phone: (516) 665-2000
Agency Title: Coldwell Banker American Homes
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, Unit 2 | MLS# 862244
This multi-family property located at , Unit 2, Brooklyn, NY 11207 is currently listed for sale with an asking price of $749,000. , Unit 2 is located within the Brooklyn 19 school district. Search Brooklyn real estate on lmotondo.cbamhomes.com today.