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About This Home
This 7-bedroom, 5-bathroom residential multi family at 225 Rockaway Avenue in Brooklyn, NY is listed for $1,200,000. Built in 1901, on a 0.03 acres lot.
Fantastic opportunity to own a beautifully renovated mixed-use triplex property located in the desirable Crown Heights section of Brooklyn. The ground floor features a fully operational restaurant with a lease in place, offering a 4% annual rent increase (Y.O.Y.)-perfect for steady income and investment growth.
Above the commercial space are two spacious residential units: 1 Three-Bedroom, Two-Bathroom Apartment, 1 Four-Bedroom, Two-Bathroom Apartment, Both units are currently month-to-month, providing flexibility for investors or owner-occupants. The entire property has undergone interior renovations, offering peace of mind and long-term value.
Tenants share in the water, sewer, and property tax expenses, reducing overhead for the owner. Enjoy natural gas heating and a prime Brooklyn location surrounded by shops, restaurants, and public transportation-making this an ideal live/work or investment property. Don't miss this exceptional opportunity to own a high-performing mixed-use building in one of Brooklyn's most sought-after neighborhoods!!!!
Key Features
- Built in 1901
- 0.03 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
225 Rockaway Avenue
Brooklyn, NY 11233
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 225 Rockaway Avenue is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1901, 0.03 acre lot. Interior Features: Eat-in Kitchen.
This property is listed by Amy Kernaghan SFR and can be reached at 5168055279 or info@realtydirectny.com.