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136 Rockaway ParkwayBrooklyn, NY 11212

For Sale

$1,195,000

Smart Buyer Rebate $14,938

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.

Listed by Christian Newton

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Douglas Elliman Real Estate

·

(347) 993-0051

Last updated October 20, 2025

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Source: REBNY #RLS20055565

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Flatbush
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu2
  • Taxes$11,232/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

10/20/2025
Listed by Douglas Elliman Real Estate
$1,195,000

Estimated Closing Costs

Total
$45,231
Attorney Fees
$4,000
NYC Mansion Tax
$11,950
Title Insurance
$5,378
Bank Attorney
$1,500
Mortgage Recording Tax
$18,403
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,195,000 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 136 Rockaway Parkway

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1930
  • Entry Level: 1

Measurements

  • Building Area Total: 1,599
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,492
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 04615-0028
  • Tax Annual Amount: $11,232.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Brownsville
  • Tax Block: 04615
  • Tax Lot: 0028

Utilities

Equipment

  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., 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.