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108 Rockaway AvenueBrooklyn, NY 11233

For Sale

$1,400,000

Smart Buyer Rebate $17,500

Welcome to 108 Rockaway Avenue, a classic and impeccably maintained three family brick townhouse perfectly situated on a tree lined block where Ocean Hill meets Bedford Stuyvesant. Offering approximately 2,634 square feet of living space across three levels plus a basement with bathroom, this 1920-built residence seamlessly blends historic Brooklyn character with modern investment flexibility. The property features three spacious, full floor apartments: two three bedroom, one bath units and one two bedroom, one-bath unit, each with high ceilings, excellent natural light, and comfortable layouts. The finished basement includes a half bath, laundry area, mechanicals, and ample storage, making it ideal for recreation, office space, or as part of a potential duplex expansion with the first-floor unit.

The first-floor apartment enjoys direct access to a private rear yard an increasingly rare amenity in Brooklyn offering the perfect setting for outdoor dining, gardening, or entertaining. This connection to outdoor space also creates a unique opportunity for the next owner to combine the first floor and basement into a luxurious owner’s duplex with a private garden, while maintaining two additional income producing apartments on the upper levels. The building is efficiently configured with four electric meters and three gas meters, allowing tenants to manage their own utilities and simplifying operating expenses for the owner. The property has been well cared for and structurally maintained, presenting a solid foundation for both immediate occupancy and future upgrades.

From an investment standpoint, 108 Rockaway Avenue provides multiple pathways to value. Investors can enjoy strong existing cash flow, while owner-occupants can live comfortably in one unit and offset their mortgage with rental income from the other two. With minor cosmetic updates, enhanced finishes, or a first-floor duplex conversion, the property’s yield and long-term appreciation potential rise significantly. The presence of separate utility metering enhances profitability and minimizes management overhead, making this a truly turnkey opportunity.

The location offers an unbeatable blend of community character and connectivity. Just moments from the C train at Rockaway Avenue, the J/Z lines at Chauncey Street, and the Broadway Junction hub connecting to the A, C, J, Z, and L trains, residents enjoy seamless access to Downtown Brooklyn, Lower Manhattan, and JFK Airport. The surrounding neighborhood is vibrant and evolving, filled with a growing collection of local cafés, eateries, and creative businesses such as Daily Press Coffee, Cuts & Slices, Lady Moo Moo Ice Cream, Sonora, and Brooklyn Blend. Nearby parks and community gardens, including Marion Hopkinson Playground and Ralph Community Garden, add to the area’s livability and charm. Ocean Hill and Bed-Stuy continue to attract both long-term residents and new investors drawn to the neighborhood’s authenticity, walkability, and strong rent demand.

Whether you’re an investor seeking a stable, appreciating asset or an end-user ready to enjoy your own Brooklyn duplex with income from two additional apartments, 108 Rockaway Avenue delivers the perfect blend of lifestyle and leverage. With its classic brick façade, private yard, finished basement, multiple meters, and prime transit access, this property stands out as a rare opportunity in one of Brooklyn’s most dynamic growth markets. Some images have been staged to highlight empty space or slight updates.

Listed by Andrew Jepson

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NEXTHOME FINEST FIRST

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631-944-8404

Listed by Lane Clark

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NEXTHOME FINEST FIRST

Last updated October 22, 2025

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Source: OneKey #925208

Listing Facts

  • TypeMulti-family
  • NeighborhoodOcean Hill
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu7
  • Taxes$4,000/year

Location

Mortgage Calculator

Listing History

10/16/2025
Listed by NEXTHOME FINEST FIRST
$1,400,000

Estimated Closing Costs

Total
$51,360
Attorney Fees
$4,000
NYC Mansion Tax
$14,000
Title Insurance
$6,300
Bank Attorney
$1,500
Mortgage Recording Tax
$21,560
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,400,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 108 Rockaway Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1920
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,634
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,463

Financial

Taxes

  • Parcel Number: 01533-0043
  • Tax Annual Amount: $4,000.00
  • Tax Assessed Value: $73,380.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: See Remarks
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Other

General

  • Exclusions: 3 fl stove and fridge

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Brooklyn Landmark Elementary School
  • Elementary School District: Brooklyn 23

High School

  • High School: Eagle Academy For Young Men Ii
  • High School District: Brooklyn 23

Middle or Junior School

  • Middle Or Junior School: Brooklyn Environmental Exploration
  • Middle Or Junior School District: Brooklyn 23

Utilities

Equipment

  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.