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$1,150,000 / 8br - 3000ft2 - Income Producing Multi-Family Property 2 Blocks From Brookdale Hospital (Brooklyn)
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$1,150,000
Semi-Detached Legal 2-Family with Huge Income Potential – 2 Blocks from Brookdale Hospital
Discover incredible versatility and value in this spacious semi-detached 2-family home located in the heart of Canarsie, Brooklyn — just two blocks from Brookdale Hospital. Currently operating as a 3-family, this property offers approximately 3,000 sq. ft. of living space, featuring three 3-bedroom, 1.5-bath units with bright layouts and strong rental demand.
💰 Current Annual Rental Income: $88,000
A proven income producer with immediate returns and even greater upside potential.
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✨ Property Highlights:
• Legal 2-family configured as 3 units
• 3,000 sq. ft. building on a deep lot
• Each unit: 3 bedrooms, 1.5 baths
• Generates $88,000 per year in rental income
• New windows and 2-year-old boiler
• Interiors ready for cosmetic upgrades
• Ground floor previously approved as a licensed daycare
• Option to combine ground and first floors into a grand owner’s duplex with outdoor space
• Deep lot suitable for an Accessory Dwelling Unit (ADU) for added living space or income
• Prime location – just 2 blocks from Brookdale Hospital, close to shopping, schools, parks, and public transportation
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🛠️ Endless Possibilities:
Update the interiors to unlock even more value, or reconfigure for an owner’s duplex with a private yard while collecting rent from additional units. The deep lot also allows for an ADU, creating even more living space and income potential.
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📍 Location:
Situated in a well-established Canarsie neighborhood, this property offers convenience, income, and flexibility — perfect for investors, developers, or end-users looking for a high-performing multi-family opportunity in Brooklyn.
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Listed Price: $1,150,000
Address: 685 Rockaway Parkway, Brooklyn, NY 11236
Building Size: Approx. 3,000 sq. ft.
Lot Size: Deep lot with ADU potential
Current Income: $88,000/year
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Don’t miss this rare Canarsie opportunity — income-producing, flexible, and perfectly located near Brookdale Hospital!