NY
Kings (Brooklyn)
Brooklyn
11233
85 Rockaway Avenue
85 Rockaway Avenue, Brooklyn, NY 11233
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Listing Type
Commercial/Industrial
Listing Status
Active
6
$1,690,000

Home Details for 85 Rockaway Avenue

Price
$1,690,000
Type
Commercial Sale
Year built
1931
Lot size acres
0.0331
County
Kings (Brooklyn)
MLS Listing#
1022388
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!

Property Features
  • Utilities
    • Electricity Available
    • Electricity Connected
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: New Home Mega Management Corp - 718-808-2030
Presented by: Haiim Russo
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EXIT REALTY CENTRAL
106-14 Rockaway Blvd., Ozone Park, NY 11417
Ron Harris
License #: 40HA1086848
Lic.R.E.Salesperson
Office
718 848 5900
Agent
646 732 6301
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