$1,099,999

1638 Eastern Parkway, Brooklyn, NY 11233

  • 2,260 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon1,891sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $487/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

A rare chance to own a fully operational, income-producing mixed-use building in the heart of Brooklyn. This well-maintained property delivers the ideal blend of immediate cash flow and long-term upside. The ground floor is anchored by an established restaurant space, perfectly positioned for high visibility and steady foot traffic. Above, a spacious two-bedroom apartment and a bright studio offer desirable layouts filled with natural light, both primed for strong, consistent rental income in a market where demand remains high. Set on a vibrant, high-traffic block surrounded by thriving local businesses, popular dining spots, and everyday conveniences, this location works for you. With subway and bus lines just steps away, accessibility is unmatched. Opportunities with solid income, multiple revenue streams, and a prime Brooklyn location rarely come to market. Whether you’re expanding your portfolio or looking to occupy while generating rental income, this is a strategic acquisition in one of Brooklyn’s most established and enduring neighborhoods.

Listing Status:
Active
Data Last Updated:
March 26, 2026 at 12:20AM
Listing Office:
Compass Greater NY, LLC : 914-752-8763
MLS ID:
960822
  • Basement: Storage SpaceUnfinishedWalk-Out Access
  • A/C: Multi Units
  • Heating: Electric
  • Originating MLS: onekey2
  • County: Kings (Brooklyn)
  • Zoning: C8-201465-0008
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicUnderground UtilitiesWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Compass Greater NY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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