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Epique Realty
85 Rockaway Avenue, Brooklyn, NY 11233
- $1,690,000
- 4
- BD
- 3
- BA
- List Price
- $1,690,000
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- 1063701
- Subtype
- Residential Income
- Year Built
- 1931
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size
- 1,444
- Acres
- 0.03
Property Description
A standout mixed-use opportunity in the Ocean Hill section of Brooklyn, offering the kind of income, flexibility, and updated finishes investors look for! This property features a commercial storefront with basement space plus two updated 2-bedroom apartments, generating current gross rental income of $10,300/month, or $123,600 annually. The storefront and basement are rented together for $5,000/month, with the residential apartments rented for $2,500/month and $2,800/month. The building offers approximately 2,504 SF on a 1,444 SF lot, with two stories, strong retail frontage, and a practical mixed-use layout. The residential units feature modern finishes, hardwood floors, stainless steel appliances, exposed ductwork, recessed lighting, a designated laundry area, and two bathrooms total, with one bathroom on each floor. One apartment is expected to become vacant soon, creating added flexibility for an owner-user, investor re-rental, or future upside. The location offers convenient access to multiple transit options, including the A/C train at Rockaway Avenue, the J/Z at Chauncey Street, the L train at Bushwick Avenue, and the Broadway Junction transit hub. Surrounded by residential density, neighborhood retail, and everyday services, this property combines storefront income, residential income, basement space, updated interiors, and long-term Brooklyn upside in one compelling package! Amazing opportunity in the heart of Ocean Hill!
Additional Information
- Interior Features
- Galley Type Kitchen, Open Kitchen, Recessed Lighting, Washer/Dryer Hookup
- Taxes
- $7,664
- Flooring
- Ceramic Tile, Hardwood
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Parking
- Off Street
- Parking Features
- Off Street
- School District
- Brooklyn 23
- Elementary School
- Brooklyn Landmark Elementary School
- Middle School
- Brooklyn Collegiate
- High School
- Brooklyn Democracy Academy
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Listing courtesy of Listing Agent: Haiim Russo (haiimrusso07@gmail.com) from Listing Office: New Home Mega Management Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.