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1890 West 6th StreetBrooklyn, NY 11223

For Sale

$1,875,000

Smart Buyer Rebate $23,438

This fully occupied, well-maintained brick mixed-use building in the heart of vibrant Gravesend, Brooklyn, offers an exceptional investment opportunity. Spanning approximately 3,900 square feet across two floors on a 25ft x 100ft lot, this 1931-built property (zoned R5B) features four retail units on the ground floor, including a deli with basement access, and two spacious residential apartments on the second floor (one 3-bedroom, one 2-bedroom, each approximately 975 sq ft). The building generates strong income with a current gross annual income of $131,760 and a projected gross of $149,760 after recommended rent adjustments, yielding a current NOI of $85,542 and a projected NOI of $92,977.18 (based on expenses of $56,782.82, including taxes, utilities, and insurance). Its robust brick construction ensures low maintenance, making it a turnkey asset for investors. Ideally situated near the Avenue U subway station (N and W lines, rated 4.0 with 37 reviews), the property offers excellent accessibility to Manhattan and beyond. Gravesends charm shines through with proximity to iconic destinations like L&B Spumoni Gardens, renowned for its square Sicilian pizza and spumoni, as well as Coney Islands famous boardwalk, amusement parks, and the New York Aquarium, all just a short distance away. This property combines steady cash flow, growth potential, and a prime location in a sought-after Brooklyn neighborhood.





Listed by Sal J Crifasi

·

License #10301212748

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Crifasi Realty Associates Inc

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(718) 821-5999

Last updated August 19, 2025

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Source: REBNY #RLS20025539

Listing Facts

  • TypeSingle-family
  • NeighborhoodGravesend
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu109
  • Taxes$29,328/year

Location

Mortgage Calculator

Listing History

07/24/2025
Price Decreased
$1,875,000
05/21/2025
Listed by Crifasi Realty Associates Inc
$1,950,000

Estimated Closing Costs

Total
$65,563
Attorney Fees
$4,000
NYC Mansion Tax
$18,750
Title Insurance
$8,438
Bank Attorney
$1,500
Mortgage Recording Tax
$28,875
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,875,000 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 1890 West 6th Street

Association

Amenities

  • Pets Allowed: Building No, No

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Good Condition
  • Structure Type: Mixed Use
  • Year Built: 1900

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Area: 2,500
  • Lot Size Dimensions: 00
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $29,328.00

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Gravesend
  • Tax Block: 00000
  • Tax Lot: 0000

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.