85 Rockaway Avenue, Brooklyn, NY 11233
Local realty services provided by:Bon Anno Realty ERA Powered
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 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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Home facts
- Year built:1931
- Listing ID #:1063701
- Added:1 day(s) ago
- Updated:October 17, 2026 at 04:37 PM
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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