$2,995,000
Updated 6 years ago
Off Market

229 Troy Ave

Crown Heights, Brooklyn | Park Place & Sterling Place

18 Rooms12 Beds12 Baths6,006 Square FeetIncome Property

$2,995,000
floors / apts3 / 12
Lot Size26'3"x100'
ZoneR6
Building TypeLow-Rise
RE Taxes$37,692
Price Per SF
$499

Building Amenities

  • Voice Intercom

Property Description for 229 Troy Ave

229 Troy Avenue is a well-maintained, three-story, 12-unit free market walk up multi-family in the Weeksville section of Crown Heights. The location between St. Johns Place and Sterling Places is a five minute walk from the Utica Avenue (3/4) subway providing two stop service to Atlantic Avenue/Barclays and four stop service to Manhattan. Upside opportunities include duplexing two units with lower level, adding laundry and developing rooftop tenant amenity.

Listing History for 229 Troy Ave

Now
08/14/2020
TOM by Keith Frazier
Compass
07/10/2020
$2,995,000 [-$255,000] [7.8%]
Price Drop by Keith Frazier
Compass

Building Details for 229 Troy Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1907
Floors/Apts3/12
Learn More About the Building

Transit and Citi Bike

Subway

Crown Hts-Utica Av
0.25 miles
Kingston Av
0.34 miles

Citi Bike

Troy Ave & Park Pl
0.07 miles
Sterling Pl & Schenectady Ave
0.13 miles

Contact Agents

Contact Agents

Alex Cohen
Compass

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78540TH