Contacts
Northgate Real Estate Group
Property Details
- Property Type Multi-Family
- Property Size 10,500 SF
- Units 8
- Lot Size 0.07 Acre
- # of Floors 4
- Year Built 1911
- Date Updated Jul 24, 2025
BID DEADLINE: FRIDAY, SEPTEMBER 5TH AT 5:00 PM
AUCTION DATE: TUESDAY, SEPTEMBER 9TH AT 11:00 AM
80 New York Avenue
This four-story multifamily building is located in the thriving neighborhood of Crown Heights, Brooklyn. Spanning 10,500 square feet, the property features eight generously sized residential units, each outfitted with hardwood floors, in-unit washer and dryers, and soaring ceilings. Conveniently situated just a short walk from the Franklin Avenue A & C subway lines. 62.5% free-market.
Northgate Real Estate Group is pleased to present a rare opportunity to acquire a seven-building portfolio through a Bankruptcy Sale scheduled for September 9th. Strategically located across Williamsburg, Greenpoint, Bushwick, and Crown Heights, the portfolio comprises 47 residential units and 3 retail spaces—approximately 85% of which are free market. The buildings are designated Tax Class 2A and 2B, offering favorable 12.5% tax treatment. In a market where the vast majority of multifamily assets for sale are encumbered by rent stabilization, this offering stands out as a unique chance to capitalize on rising rents, maintain units at market, and maintain long-term value. This is a prime opportunity to secure property across four of Brooklyn’s most dynamic neighborhoods, with a predominantly free-market unit mix and future upside potential
Properties can be sold individually or as a package.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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97/100
Walk Score ®
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100/100
Transit Score ®
-
90/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Crown Heights
- Zip Code 11216
- Market Brooklyn
Points of Interest
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Nostrand Avenue Station Entrance
0.06 miles
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Kingston–Throop Avenues
0.38 miles
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Franklin Avenue
0.51 miles
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Kingston Avenue
0.60 miles
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International Car Service
0.88 miles
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Bedford–Nostrand Avenues
0.92 miles
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Eastern Parkway - Brooklyn Museum
0.96 miles
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Eastern Parkway–Brooklyn Museum
0.97 miles
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Crown Heights–Utica Avenue
1.03 miles
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Classon Avenue
1.05 miles
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BP
0.16 miles
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Xpress Lane
0.18 miles
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Shell
0.32 miles
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Mobil
0.36 miles
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Sunoco
0.80 miles
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Tesla Supercharger
0.97 miles
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Speedy Gas
1.02 miles
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Revel
1.54 miles
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plugNYC
1.99 miles
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EVgo
2.15 miles
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Underhill Garage
0.97 miles
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The Brooklyn Museum and Botanic Garden
1.01 miles
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Cielo Garage
1.06 miles
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Rapid Park
1.32 miles
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Kings County Parking Garage
1.48 miles
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Garfield Garage
1.61 miles
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Car Park Systems
1.95 miles
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Ultra Car Park Systems
2.02 miles
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Edison ParkFast
2.23 miles
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Havens Place Lot
2.27 miles
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La Quinta
0.19 miles
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Mirage Brooklyn
0.21 miles
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The Brooklyn Hotel
0.24 miles
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The Brooklyn Riviera Hostel
0.26 miles
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Illumination Bed & Breakfast
1.08 miles
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Artel 535
1.45 miles
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Holiday Inn Express
1.47 miles
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Condor Hotel
1.52 miles
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Marina Hotel
1.66 miles
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Days Inn
1.83 miles
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Wholesome Farms Market
0.14 miles
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Key Food Urban Market
0.21 miles
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Super Foodtown Of Bed-Stuy
0.24 miles
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Bravo
0.25 miles
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MET
0.39 miles
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Beyond 2 Natural Market
0.42 miles
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Met Fresh
0.43 miles
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Food Garden Market
0.44 miles
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Lincoln Market
0.50 miles
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Fine Fare
0.53 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Northgate Real Estate Group
