
309 Rockaway Pkwy Brooklyn, NY 11212
East Flatbush NeighborhoodEstimated payment $7,408/month
Highlights
- Wood Flooring
- 5-minute walk to Saratoga Avenue
- Heating System Uses Steam
- 2 Car Detached Garage
About This Home
Incredible Investment Opportunity in the Heart of Brownsville! Priced to sell!
Welcome to an exciting multi-family opportunity in one of Brooklyn’s fastest-growing neighborhoods. Whether you're an investor seeking strong rental income or a savvy buyer looking for a value-packed primary residence, this property has it all.
With aprox 3,198 sq ft of living space, this spacious building offers four rental units totaling 7 generously sized bedrooms 3 dining areas and 4 bathrooms. With a little TLC, it has the potential to shine even brighter. The layout includes a cozy 1-bedroom unit at the front with office space or child room in the front, a charming 2-bedroom unit just behind 1R with a dining area, and two additional 2-bedroom units —each full of character and potential. Three units (a 1-bedroom and two 2-bedroom) will be delivered vacant, perfect for immediate rental or owner occupancy.
Additional features include original hardwood floors throughout, a 6-month-old boiler and approximately 6-year-old hot water tank, a shared driveway, a rare 2-car garage (a true Brooklyn luxury), and a basement with both front and rear access.
Ideally located near Brookdale University Hospital and just minutes from vibrant Pitkin Avenue, with plenty of shops, restaurants, and services. Public transportation is easily accessible with the 3, L trains and B15/B35 buses nearby.
Don’t miss this rare opportunity to own a piece of Brooklyn, generate rental income, and build long-term equity in a thriving neighborhood. Schedule your showing today!
Listing Agent
RE/MAX Real Estate Professionals License #10301204250 Listed on: 07/11/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,649
Year Built
- Built in 1930
Lot Details
- 2,750 Sq Ft Lot
- Lot Dimensions are 110 x 25
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,198 Sq Ft Home
- 2-Story Property
- Stove
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Detached Garage
- Shared Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 4652
Community Details
Overview
- 4 Units
Building Details
- 2 Vacant Units
- Fuel Expense $5,880
- Insurance Expense $3,720
- Utility Expense $660
- Gross Income $105,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Price Changed | $1,199,000 | -7.7% | $375 / Sq Ft |
07/11/2025 07/11/25 | For Sale | $1,299,000 | +81087.5% | $406 / Sq Ft |
07/11/2025 07/11/25 | Pending | -- | -- | -- |
01/24/2018 01/24/18 | Rented | $1,600 | 0.0% | -- |
01/09/2018 01/09/18 | Under Contract | -- | -- | -- |
01/09/2018 01/09/18 | For Rent | $1,600 | -- | -- |
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Source: Brooklyn Board of REALTORS®
MLS Number: 493071

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