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$1,174,087
List Price: $1,195,000
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136 Rockaway Parkway
Townhouse in Brownsville •  building info
7bd • 4ba
Buy with Yoreevo

$1,174,087

List Price

$1,195,000

Key Details
Days on market
57
Last price change
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Estimated payment
$7,558/mo
Taxes
$936/mo
Maintenance
N/A
Description
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.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Building info

History
What it'll cost
Purchase price
$1,195,000
Asking Price: $1,195,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.25 %
Mortgage Amount
$1,075,500
Mortgage Payment
$6,622
Taxes
$936
Estimated Yoreevo rebate
$20,913
Estimated closing cost
$44,000
Total monthly cost $7,558
Buy your dream home with us and get an estimated $20,913 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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