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85 Rockaway Avenue

Brooklyn, NY 11233
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Bed 4

Bed

Bath 3

Bath

Acres0.03

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,690,000

AD Id : 87732014

MLS Id : 1023103

Beds : 4

Lot Size : 0.03 Acre

Year Built : 1931

County : Kings (Brooklyn)

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Flooring Information

    Ceramic Tile, Hardwood
  • Interior Features

    Recessed Lighting
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1931 Building Area Total: 2504 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0331 Lot Size Square Feet: 1444

  • Listing Price Information

    Listing Price: $1690000

  • Tax Information

    Parcel Number: 01534-0004 Tax Lot: 4 Tax Block: 1534 Annual Tax: $7664.84

  • Parking Information

    Off Street

  • School Information

    Elementary School: Brooklyn Landmark Elementary School
    Junior High School: Brooklyn Collegiate
    Senior High School: Brooklyn Democracy Academy
  • Utility Information

    Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

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18 Pleasant Place, Brooklyn, NY, 11233 $999,000 6 3 --
12 Pleasant Place, Brooklyn, NY, 11233 $925,000 4 2 1,256 1,256 SqFt
225 Rockaway Avenue, Brooklyn, NY, 11233 $1,200,000 7 5 --
10 Gunther Place, Brooklyn, NY, 11233 $1,200,000 -- 4 2,700 2,700 SqFt
2132A Fulton Street, Brooklyn, NY, 11233 $874,600 4 4 --
2024 Bergen Street, Brooklyn, NY, 11233 $1,275,000 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/12/2026 @ 06:41

MLS: 1023103 LISTED BY: Haiim Russo, New Home Mega Management Corp 718-808-2030 SOURCE: OneKey MLS

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