$895,000
Updated 3 years ago
Off Market

491 Empire Blvd

Crown Heights, Brooklyn | New York Ave & Brooklyn Ave

1,660 Square FeetMixed Use

$895,000
floors / apts2 / 1
Lot Size20'x52'
Built Size20'x43'
ZoneR5
Building TypeLow-Rise
RE Taxes$4,527
Price Per SF
$539

Property Description for 491 Empire Blvd

491 Empire Blvd in Brooklyn, NY, is a mixed-use building located in the heart of the vibrant neighborhood of Crown Heights. The building features a ground-level store with access to a cellar, making it suitable for commercial purposes. This space provides an opportunity for a variety of businesses. Whether you're an owner/user looking to establish your own business or an investor seeking commercial property, this space offers versatility and potential. Additionally, the top floor of the building comprises a spacious apartment that includes 5 rooms, 2 bedrooms, and 1 bathroom. It provides comfortable living quarters for residents and offers the potential for rental income if desired. The location of 491 Empire Blvd offers ample shopping opportunities in the vicinity, ensuring easy access to daily necessities and a vibrant retail scene. Furthermore, the property benefits from its proximity to the Sterling St 2/5 subway trains, providing convenient transportation options for both residents and customers. This mixed-use building presents an attractive opportunity for individuals or businesses looking to establish themselves in the thriving neighborhood of Crown Heights, Brooklyn.

Listing History for 491 Empire Blvd

Now
07/22/2023
POM by Gamal Hasan
Bellmarc
07/20/2023
$895,000
Initial Price by Gamal Hasan
Bellmarc

Building Details for 491 Empire Blvd

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1935
Floors/Apts2/1
Learn More About the Building

Contact Agent

Contact Agent

Gamal Hasan
Bellmarc

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: 91908TH