225 Rockaway Avenue, Brooklyn, NY 11233 - Photo 1

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$1,196,000

For Sale
Active
Multi-Family
7 Total Beds

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Property Description

Fantastic Opportunity To Own This Mix Use Property in The Crown Heights Section Of Brooklyn. Ground Floor is Being Occupied By a Restaurant. Residental Units Consist of (One) 3Bedrooms - 2Bathrooms Apartment and The Other is a 4Bedroom - 2Bathroom Apartment. Entire Property Has Undergone Extensive Renovations. Restaurant is Leased Until 05/31/2028. Lease increases 4% y-o-y. Tenant Shares Payment of Water, Sewer, and Property Tax Bill With Owner. The (2) Residential Units Above Are on Month-to-Month. Property Will Not Last!

Full Property Details

Full Property Details for 225 Rockaway Ave

General

Price: $1,196,000
Taxes: $7,602
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: H6309546
Updated: 12/11/2024
Added to Site: 239 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Parking

Parking Features: None

Location

County: Kings (Brooklyn)

School Information

High School District: Brooklyn
Elementary School: Contact Agent
Middle School: Contact Agent
High School: Contact Agent

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Trash Collection Public

Structural Information

Detached/Attached: Attached
Construction: Frame
Basement: Yes
Basement Desc.: Partially Finished, Unfinished
Building Size: 2652
Year Built: 1901

Lot Features

Lot Size (Acres): 0.032
Lot Size (Sq. Ft.): 1,394

Financial Considerations

Taxes Include: Sewer, Trash, Water
Tax Amount: $7,602
Tenant Pays: See Remarks

Disclosures and Reports

Property ID: 01442-0003

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Schools

Schools serving 225 Rockaway Ave

School District:New York City Geographic District #23

Name	Grades	Distance
P.S.-I.S. 155 Nicholas Herkimer 1355 Herkimer St, Brooklyn, NY 11233	PK-8	0.2 mi
P.S. 178 Saint Clair McKelway 2163 Dean St, Brooklyn, NY 11233	PK-8	0.2 mi
P.S. 298 Dr Betty Shabazz 85 Watkins St, Brooklyn, NY 11212	PK-5	0.3 mi
P.S. 073 Thomas S Boyland 251 McDougal St, Brooklyn, NY 11233	PK-8	0.4 mi
P.S. 150 Christopher 364 Sackman St, Brooklyn, NY 11212	PK-5	0.5 mi
P.S. 327 Dr Rose B English 111 Bristol St, Brooklyn, NY 11212	PK-5	0.5 mi
P.S.- I.S. 323 210 Chester St, Brooklyn, NY 11212	PK-8	0.6 mi
P.S. 284 Lew Wallace 213 Osborn St, Brooklyn, NY 11212	PK-5	0.6 mi
P.S.-I.S. 137 Rachael Jean Mitchell 121 Saratoga Ave, Brooklyn, NY 11233	PK-8	0.6 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 225 Rockaway Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/02/2024

Price Reduced

$1,196,000

-8%

MLS

5/28/2024

Listed

$1,300,000

23.81%

MLS

1/17/2019

Sold

$1,050,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 225 Rockaway Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$8,059

$69,360

-19%

2023

$7,603

—

$85,140

-11%

2022

$7,622

-51%

$95,820

2021

$15,660

99%

$93,000

—

2020

$7,874

101%

$92,940

25%

2019

$3,918

290%

$74,340

1332%

2017

$1,004

—

$5,193

2017

$1,004

$4,926

2016

$931

$4,656

—

2015

$909

102%

$4,651

2014

$449

-1%

$4,575

2013

$454

—

$4,328

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 225 Rockaway Ave

225 Rockaway Avenue, Brooklyn, NY 11233 (MLS# H6309546) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 225 Rockaway Avenue is currently listed for $1,196,000 and was received on May 28, 2024. Want to learn more about 225 Rockaway Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

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225 Rockaway Ave Brooklyn, NY 11233