159 Tehama 1239-1243 36th Street Street Brooklyn, NY $ 6,000,000
159 Tehama 1239-1243 36th Street Street
$ 6,000,000
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159 Tehama 1239-1243 36th Street Street

Brooklyn, NY, 11218
$ 6,000,000
Bedrooms-- Baths-- Sq 28,872

Monthly Estimate*

$ 36,943

159 Tehama 1239-1243 36th Street Street, Brooklyn, NY 11218 - Image 1
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Commercial Property for sale in Brooklyn, NY

for $6,000,000. This 28,872 square foot building was built in 1931 on a lot size of 0.1504.

Calling All Investors, Developers & End-Users!!! 28 Unit 3 Building Package In Kensington For Sale!!! The Building Features Excellent Signage, Great Exposure, 18 Parking Spaces, High Ceilings, R5 Zoning, Full Basement, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Kensington In Between Fort Hamilton Pkwy. & Ocean Pkwy.!!! Minutes From Prospect Park Lake!!! Neighbors Include Starbucks, UPS, Kia, The Home Depot, Target, Costco, NYU Langone, ShopRite, T.J. Maxx, Old Navy, Walgreens, CVS, Extra Space Storage, Staples, Planet Fitness, Blink Fitness, Taco Bell, McDonald’s, Subway, Meineke Car Care, Aldi +++!!! The Buildings Have 225 Feet Of Wrap-Around Frontage On Tehama Street & 36th Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! 159 Tehama Street: Unit 1: $ 13,222.92 Ann.; Lease Exp.: 8/31/26. Unit 2: $12,610.92 Ann.; Lease Exp.: 12/31/27. Unit 3: $15,980.04 Ann.; Lease Exp.: 12/31/26. Unit 4: $15,261.60 Ann.; Lease Exp.: 7/31/26. Unit 5: $17,338.20 Ann.; Lease Exp.: 10/31/26. Unit 6: $19,049.88 Ann.; Lease Exp.: 1/31/26. Unit 7: $17,084.28 Ann.; Lease Exp.: 9/30/26. Unit 8: $16,275.36 Ann.; Lease Exp.: 7/31/26. Unit 9: $13,75.80 Ann.; Lease Exp.: 1/31/26. Unit 10: $13,548.12 Ann.; Lease Exp.: 6/30/26. Unit 11: $12,708.12 Ann.; Lease Exp.: 8/31/26. Unit 12: $15,618.24 Ann.; Lease Exp.: 12/31/27. Unit 13: $19,800 Ann.; Lease Exp.: 12/14/26. Unit 14: $22,904.16 Ann.; Lease Exp.: 12/31/26. Unit 15: $ 13,989.96 Ann.; Lease Exp.: 12/31/26. Unit 16: $14,956.44 Ann.; Lease Exp.: 12/31/25. Total Rental Income: $ 253,424.04 Ann. 1239 36th Street: Unit 1F: $14,781.48 Ann.; Lease Exp.: 12/31/26. Unit 1R: $19,076.88 Ann.; Lease Exp.: 12/31/26. Unit 2F: $14,025.36 Ann.; Lease Exp.: 12/31/27. Unit 2R: $14,685.12 Ann.; Lease Exp.: 9/30/27. Unit 3F: $28,986 Ann.; Lease Exp.: 1/31/27. Unit 3R: $13,785.12 Ann.; Lease Exp.: 12/31/26. Total Rental Income: $105,339.96 Ann. 1243 36th Street: Unit 1F: $16,529.04 Ann.; Lease Exp.: 5/31/27. Unit 1R: $13,140 Ann.; Lease Exp.: 7/31/27. Unit 2F: $16,229.52 Ann.; Lease Exp.: 12/31/27. Unit 2R: $26,512.80 Ann.; Lease Exp.: 7/31/27. Unit 3F: $18,084.48 Ann.; Lease Exp.: 8/31/27. Unit 3R: $15,188.76 Ann.; Lease Exp.: 12/31/27. Total Rental Income: $105,684.60 Ann. Expenses: Gas: $28,151.35 Ann. Electric: $7,451.63 Ann. Maintenance & Repairs: $17,226.05 Ann. Water & Sewer: $21,024 Ann. Insurance: $37,307.57 Ann. Taxes: $67,223.90 Ann. Total Expenses: $178,384.50 Ann. Gross Income: $464,448.60 Ann. Net Operating Income (NOI): $286,064.10 Ann.

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Commercial Active

Price

$ 6,000,000

Property Type

Commercial

Taxes

$ 67,223

Style

Multi Family

Lot Size

0.1504

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

945083

Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Utilities Electricity Connected
Zoning R5
Construction Materials Block
Year Built 1931
Property Subtype Multi Family
Tax Year 2024
Parcel Number 05308-0001
Gross Income 464449
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 28
Property Attached Y/N Y
Tax Annual Amount 67223.9
Showing Instructions Call Office @ 516-783-5600
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Full
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features Other Other
Water Source Public
Building Area Total 28872
Waterfront Y/N N
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Internal Only
Street Number 1 159
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

516-783-5600

Contact

Affordability Calculator

$42,545
Per Month
87%
13%
0%
Monthly Principal & Interest
$36,943
Monthly Property Taxes
$5,602
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/18/2025$6,000,000 Listed Price

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159 Tehama 1239-1243 36th Street Street, Brooklyn, NY, 11218 is a Commercial Property for sale at $6,000,000 with 28,872 sqft and a lot size of 0.1504. 159 Tehama 1239-1243 36th Street Street was built in 1931. The property's zip code is 11218 which is in Brooklyn, NY