$1,690,000
Active
1 days on market
85 Rockaway Ave
📍 Brooklyn, Brooklyn, NY 11233
4.0
Beds
3.0
Baths
2,504
Sqft
$675
Per sqft
1931
Year built
Land
Type
About this property
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
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Amenities & features
Key facts
Updated finishes
Basement space
1,444 sq ft lot
Property details
Property typeLand
Listing statusActive
Lot size1,444 sqft
Year built1931
Days on market1 days
MLS #1023103
Estimated monthly payment
Listing price$1,690,000
Down payment (20%)$338,000
Loan amount$1,352,000
Principal & interest (7%, 30yr)$8,994/mo
Property tax (est.)$1,643/mo
Home insurance (est.)$704/mo
Estimated total$11,341/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.