1116 Blake Ave, Brooklyn, NY, 11208
About This Home
Asset CRG Advisors, LLC has been exclusively retained to market 1116 Blake Ave., a newly constructed two-family property in the East New York neighborhood of Brooklyn. Completed in 2025 with a final Certificate of Occupancy issued in 2026, the property consists of approximately 2,520 square feet across three stories on an 1,800-square-foot lot. The property is configured as two spacious residences averaging approximately 1,260 square feet each. Unit 1 features a 3-bedroom, 4-bathroom triplex, while Unit 2 consists of a 3-bedroom, 3-bathroom duplex, offering a total of 6 bedrooms and 7 bathrooms. Modern finishes, open layouts, and quality construction create a true turnkey opportunity for both investors and owner-occupants. Whether you’re looking to generate rental income, live in one unit while renting the other, or add a low-maintenance asset to your portfolio, 1116 Blake Avenue offers exceptional flexibility and long-term value. Located in a growing Brooklyn neighborhood within an Opportunity Zone, this move-in-ready property presents a rare chance to acquire new construction without the costs and uncertainty of renovations.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 7
Interior Area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Property
Details
- Parcel number: 040720024
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,062 | $72,744 |
| Home Insurance * | $438 | $5,256 |
| Property Taxes | $559 | $6,708 |
| Electricity | $416 | $4,997 |
| Total | $7,475 | $89,700 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-19 | Listed for sale | $1,199,000 |
| 2026-05-03 | Listing removed | $1,199,000 |
| 2026-03-30 | Price change | $1,199,000 |
| 2026-02-25 | Listed for sale | $1,250,000 |
| 2026-01-29 | Listing removed | $1,199,999 |
| 2025-12-24 | Price change | $1,199,999 |
| 2025-10-23 | Listed for sale | $1,250,000 |
| 2025-10-21 | Listing removed | $1,290,000 |
| 2025-08-14 | Price change | $1,290,000 |
| 2025-07-17 | Listed for sale | $1,350,000 |
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