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1638 Eastern Pky 2,260 SF 100% Leased Retail Building Brooklyn, NY 11233 $1,049,999 ($464.60/SF)
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,260 SF
Building Class
C
Year Built
1921
Price
$1,049,999
Price Per SF
$464.60
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C8-2 - C8 districts = heavy commercial uses (often automotive-oriented) C8-2: Medium-intensity commercial district
Frontage
85’ on Eastern Pky
Amenities
- Signage
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01465-0008 | Improvements Assessment | $32,280 |
| Land Assessment | $8,220 | Total Assessment | $40,500 |
Property Taxes
Parcel Number
01465-0008
Land Assessment
$8,220
Improvements Assessment
$32,280
Total Assessment
$40,500
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1638 Eastern Pky
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