1116 Blake Ave, Brooklyn, NY 11208

Asset CRG Advisors, LLC has been exclusively retained to market 1116 Blake Ave., a newly constructed 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 and is currently configured as two residential units with an average unit size of approximately 1,260 sq ft.

The units are thoughtfully designed as two duplex residences, with the ground floor and basement combined into one duplex unit and the second and third floors combined into a three-bedroom duplex apartment. Recently completed, the property received its final Certificate of Occupancy in 2026, offering a turnkey opportunity with modern construction, contemporary layouts, and minimal near-term capital requirements. Zoned R5 and located within an Opportunity Zone, the property presents an attractive investment opportunity with potential tax advantages and long-term appreciation.

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.