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Brooklyn, NY, 11223 • Gravesend • Kings County
$563/sqft
-$88,888 since Mar 27, 2026
Down payment assistance available
4Baths
3,200Sqft
0.04 acLot
1931Built
Character Home
Built 1931 · 95 years of history
Brooklyn
Gravesend
Garage
Other · 1 Space · Built-In Garage
Ceramic Tile Floors
Quality flooring throughout
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353 days on market
Established listing
$563/sqft
Price per square foot
Single Family · Built 1931 · Historic
INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential. PROPERTY SPECIFICATIONS: • Building Type: Semi-attached brick construction • Configuration: Mixed-use with residential and retail components • Total Units: Four income-generating spaces • Basement: Semi-finished with expansion potential RESIDENTIAL COMPONENT: • Two well-appointed 2-bedroom apartments on second floor • Large balcony feature enhancing tenant appeal in one of the apartments • Fully renovated living spaces with modern finishes • Combined monthly rental income: $6,000 ($3,000 each) COMMERCIAL COMPONENT: • Two ground-floor retail spaces • Store 1: $3,500 monthly rent • Store 2: $3,500 monthly rent • Street-level visibility in high-traffic corridor RECENT IMPROVEMENTS: • Complete renovation from foundation to roof • Updated electrical and plumbing systems throughout • Modern LED lighting installation • New windows and doors • Contemporary appliances • Basement infrastructure upgrades including new boiler and water heater • Roof replacement FINANCIAL PERFORMANCE: • Gross Monthly Income: $13,000 • Diversified revenue streams across residential and commercial tenants • Established rental rates reflecting current market conditions • Strong cash flow generation from fully occupied property
Standout features identified
Our analysis highlights contemporary appliances, roof replacement, and semi-attached brick construction as key attractions of this home.
Based on current rates
Est. 6.88% rate · 30yr fixed · $1,440,000 loan
Full calculator →Key facts and listing details
6 categories of property features
Market data and value estimates
3 schools rated nearby
Brooklyn, NY, 11223
18 events
11 years of records
Local context around this listing
Brooklyn, NY • Kings County
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