627 Gravesend Neck Road Brooklyn, NY $ 2,100,000
627 Gravesend Neck Road
$ 2,100,000
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627 Gravesend Neck Road

Brooklyn, NY, 11223
$ 2,100,000
Bedrooms-- Baths-- Sq 5,796

Monthly Estimate*

$ 14,504

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Commercial Property for sale in Brooklyn, NY

for $2,100,000. This 5,796 square foot building was built in 1930 on a lot size of 0.048186.

Excellent Investment Opportunity – 5-Family Property with 1 Storefront. No additional renovations are needed, as all residential units are already beautifully maintained and move-in ready. The property consists of three 2-bedroom apartments, two 1-bedroom apartments, and one storefront, with every unit currently generating rental income, providing a steady stream of cash flow. In addition to its rental income potential, the property's desirable location offers the potential for long-term appreciation, making it an attractive investment for the future. Tenants are responsible for their own electricity and gas expenses, helping reduce the owner's utility costs. Conveniently located near the F train subway station and B3 and B68 bus routes, the property offers easy access to public transportation and everyday conveniences. Don't miss this outstanding opportunity to own an income-producing property with strong investment potential!

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 20,109

Style

Mixed Use

Lot Size

0.048186

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

505319

Features
Interior
Heating Fuel Gas
Flooring Hardwood Laminate Tile None
Hot Water Gas
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General
Roof Flat Other
Zoning R4
Electric 110 V Circuit Breakers
Stories Count 3
Property Type Mixed Use
Block 7158
Yearly Taxes 20109.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick Other
Cumulative Days on Market 1
MLS Area Gravesend
Sub Type Mixed Use
Year Built 1930
City Brooklyn
DOM 1
Sale Type Arm's Length
# Families 5
Public Remarks Excellent Investment Opportunity – 5-Family Property with 1 Storefront. No additional renovations are needed as all residential units are already beautifully maintained and move-in ready. The prop
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Exterior
Exterior Brick Other
Foundation Poured Concrete Other
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Edge

Broker

(917) 702-8533

Phone

Affordability Calculator

$16,180
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,504
Monthly Property Taxes
$1,676
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2026$2,100,000 Listed Price

Map


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627 Gravesend Neck Road, Brooklyn, NY, 11223 is a Commercial Property for sale at $2,100,000 with 5,796 sqft and a lot size of 0.048186. 627 Gravesend Neck Road was built in 1930. The property's zip code is 11223 which is in Brooklyn, NY