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225 Rockaway AvenueBrooklyn, NY 11233

For Sale

$1,200,000

Smart Buyer Rebate $15,000

Fantastic opportunity to own a beautifully renovated mixed-use triplex property located in the desirable Crown Heights section of Brooklyn. The ground floor features a fully operational restaurant with a lease in place, offering a 4% annual rent increase (Y.O.Y.)—perfect for steady income and investment growth. Above the commercial space are two spacious residential units: 1 Three-Bedroom, Two-Bathroom Apartment, 1 Four-Bedroom, Two-Bathroom Apartment, Both units are currently month-to-month, providing flexibility for investors or owner-occupants. The entire property has undergone interior renovations, offering peace of mind and long-term value. Tenants share in the water, sewer, and property tax expenses, reducing overhead for the owner. Enjoy natural gas heating and a prime Brooklyn location surrounded by shops, restaurants, and public transportation—making this an ideal live/work or investment property. Don’t miss this exceptional opportunity to own a high-performing mixed-use building in one of Brooklyn’s most sought-after neighborhoods!

Listed by Amy Kernaghan SFR SRES

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Realty Direct NY INC

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631-392-4540

Listed by Donald F. Murphy

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Realty Direct NY INC

Last updated October 23, 2025

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Source: OneKey #926570

Listing Facts

  • TypeMulti-family
  • NeighborhoodOcean Hill
  • Bedrooms7
  • Bathrooms5
  • Days on Prevu2
  • Taxes$8,058.72/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/22/2025
Listed by Realty Direct NY INC
$1,200,000

Estimated Closing Costs

Total
$45,380
Attorney Fees
$4,000
NYC Mansion Tax
$12,000
Title Insurance
$5,400
Bank Attorney
$1,500
Mortgage Recording Tax
$18,480
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,200,000 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 225 Rockaway Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1901
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,652
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,394

Financial

Taxes

  • Parcel Number: 01442-0003
  • Tax Annual Amount: $8,058.72
  • Tax Year: 2024

Interior

Features

  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Open

Schools

Elementary School

  • Elementary School District: Brooklyn

High School

  • High School District: Brooklyn

Middle or Junior School

  • Middle Or Junior School District: Brooklyn

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
  • 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.