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Single Family House for Sale in Brooklyn, New York, Brooklyn, NY 11233 | Web ID: 1023103 | $1,690,000

85 Rockaway Avenue , Brooklyn , NY 11233

 
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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 Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Single Family House for Sale
Tax $7,665.00
Bedrooms 4
Total Baths 3
Full Baths 3
Year Built 1931
Basement See Remarks
Construction Brick
Total Units 3
Lot SqFt 1,444
Cooling Central Air
Heat Source Forced Air
Util Incl Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Condition Updated/Remodeled
Days On Market 33
Parking Features Off Street
Tax Assessed Value 63600
Tax Lot 4
Units 3
School District Brooklyn 23
Middle School Brooklyn Collegiate
Elementary School Brooklyn Landmark Elementary S
High School Brooklyn Democracy Academy
Features Galley type kitchen, open kitchen, recessed lighting, washer/dryer hookup
Listing information courtesy of: New Home Mega Management Corp

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Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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