85 Rockaway Avenue, Brooklyn, NY 11233

Brooklyn
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
85 Rockaway Avenue,Brooklyn, NY 11233
$1,690,000
  • 4 Beds
  • 3 Baths
  • 2,504 sq. ft.
  • Multi-family
  • Active
Listed by: haiim russo
Office: new home mega management corp
MLS#:1063701
Source:OneKey MLS

Price summary

  • Price:$1,690,000
  • Price per sq. ft.:$674.92

About this home

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...

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Home facts

  • Year built:1931
  • Listing ID #:1063701
  • Added:7 day(s) ago
  • Updated:October 24, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood
  • Kitchen Description:Galley Type Kitchen
  • Basement:Yes
  • Living area:2,504 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1931
  • Building area:2,504 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Brick

Schools

  • High school:Brooklyn Democracy Academy
  • Middle school:Brooklyn Collegiate
  • Elementary school:Brooklyn Landmark Elementary School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,690,000
  • Price per sq. ft.:$674.92
  • Tax amount:$7,665 (2025)

Features and amenities

  • Laundry features:Washer/Dryer Hookup

Parking

  • Parking description:Off Street
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