$1,195,000

136 ROCKAWAY Parkway, New York City, NY 11212

  • 7 beds |
  • 4 baths |
  • 1,599 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $747/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Introducing a strong investment opportunity in the heart of Brownsville - a 4-unit brick property on Rockaway Parkway, ideally positioned near Linden Boulevard. With nearly 3,200 sq. ft. of interior space, this property offers both solid income potential and long-term value in a rapidly developing Brooklyn neighborhood. The building features four residential units - three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath unit - providing multiple rental income streams. The finished basement adds tremendous versatility, offering two additional bathrooms and two kitchenettes, ideal for supplemental space or future configuration potential. Situated near Sutter Avenue (3 train) and Utica Avenue (4 train), the property offers convenient access to Manhattan and other parts of Brooklyn, making it a desirable location for tenants seeking connectivity and accessibility. Residents will also enjoy proximity to Lincoln Terrace Park, which offers outdoor amenities such as tennis courts, basketball, and a playground - a great neighborhood attraction that supports tenant retention and rental appeal. Additionally, a bilingual school just up the block adds to the area's community-focused environment. With its size, layout, and location, this property represents a rare opportunity to acquire a high-yield multi-unit asset in a growing area with consistent rental demand. Whether you're looking to expand your portfolio or start your investment journey, this Brownsville property delivers strong fundamentals and room for upside.

Listing Status:
Active
Date Added:
October 20, 2025
Data Last Updated:
March 12, 2026 at 1:23PM
Listing Office:
Douglas Elliman Real Estate : (212) 891-7000
Listing Agent:
Christian Newton : (347) 993-0051
MLS ID:
RLS20055565
  • General: Smoke Free
  • Laundry: In Unit
  • Basement: Other
  • A/C: None
  • General: 2
  • Originating MLS: RLS_REBNY
  • County: Kings
  • Zoning: 04615-0028
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Christian Newton , Douglas Elliman Real Estate

Monthly Payment

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

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Location

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