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85 Rockaway Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 85 Rockaway Ave

$1,690,000
Active 1 days on market
MLS# 1063701

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

COMMERCIAL STOREFRONTBASEMENT SPACEUPDATED FINISHESHARDWOOD FLOORSSTAINLESS STEEL APPLIANCESEXPOSED DUCTWORK

Key facts

Exposed ductwork
Updated finishes
Basement space

Property details

Property typeLand
Listing statusActive
Lot size1,444 sqft
Year built1931
Days on market1 days
MLS #1063701

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.

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