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.
Listed By
Agency Name: Douglas Elliman Real Estate
Agency Phone: (212) 891-7000
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 3,944.09 per month $2,659.55 Principal & Interest $936.00 Property Tax $348.54 Homeowner's InsuranceSend an email with a link to
136 Rockaway Parkway, Brooklyn, NY 11212.
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136 Rockaway Parkway | MLS# RLS20055565
This home located at 136 Rockaway Parkway, Brooklyn, NY 11212 is currently listed for sale with an asking price of $1,195,000. This property was built in 1930 and has 7 bedrooms and 4 full baths. Rockaway Parkway is located in the Brownsville subdivision. Search Brownsville real estate on www.joycerealty.com today.