1638 Eastern Parkway Brooklyn, NY $ 1,099,999
1638 Eastern Parkway
$ 1,099,999
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1638 Eastern Parkway

Brooklyn, NY, 11233
$ 1,099,999
Bedrooms-- Baths-- Sq 2,260

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Brooklyn, NY

for $1,099,999. This 2,260 square foot building was built in 1921 on a lot size of 0.0434.

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.

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Commercial Active

Price

$ 1,099,999

Property Type

Commercial

Taxes

$ 2,387

Style

Mixed Use

Lot Size

0.0434

Year Built

1921

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

960822

Features
General
Sewer Public Sewer
Heating Electric
Cooling Multi Units
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Underground Utilities Water Connected
Zoning C8-2
Construction Materials Brick
Year Built 1921
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 01465-0008
Business Type Mixed
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Property Attached Y/N Y
Tax Annual Amount 2387.8
Showing Instructions Use ShowingTime
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 40860
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Interior
Basement Storage Space Unfinished Walk-Out Access
Total Stories 2
Basement Features Storage Space Unfinished Walk-Out Access
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 2260
Waterfront Y/N N
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Internal Only
Street Number 1 1638
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* Excluded Features
List By
Amit Shah

Listing Agent

Compass Greater Ny, Llc

Broker

914-752-8763

Contact

Affordability Calculator

$6,972
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$199
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
2/11/2026$1,099,999 Listed Price

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1638 Eastern Parkway, Brooklyn, NY, 11233 is a Commercial Property for sale at $1,099,999 with 2,260 sqft and a lot size of 0.0434. 1638 Eastern Parkway was built in 1921. The property's zip code is 11233 which is in Brooklyn, NY