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In contract
  • $1,400,000

    108 Rockaway Ave, Brooklyn, NY 11233

    8beds
    2,634sqft
    Loading
    Multi Family
    Built in 1920
    -- sqft lot
    $1,363,700 Zestimate®
    $532/sqft
    $-- HOA

    What's special

    Private rear yardFinished basementPrivate gardenExcellent natural lightTree lined blockHigh ceilingsComfortable layouts
    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.
    286 days
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    52
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    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Finest First 917-589-4007,

    Lane Clark

    Source: StreetEasy,MLS#: S1795993

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bike Room
      Appliances
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 2,634
      • Total interior livable area: 2,634 sqft

      Property

      Features
      • Patio & porch: Terrace, Other
      • Exterior features: Courtyard, Garden, Terrace
      • Has view: Yes
      • View description: City
      Details
      • Parcel number: 015330043
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Ocean Hill
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $532/sqft
      • Tax assessed value: $1,223,000
      • Annual tax amount: $11,568
      • Date on market: 10/16/2025

        Estimated market value

        $1,363,700

        $1.30M - $1.43M

        $3,854/mo

        Price history

        DateEventPrice
        3/10/2026Sold$1,175,000-16.1%$446/sqft
        Source: OneKey® MLS as distributed by MLS GRID #925208 Report a problem
        12/16/2025Contingent$1,400,000$532/sqft
        Source: StreetEasy #S1795993 Report a problem
        11/11/2025Pending sale$1,400,000$532/sqft
        Source: OneKey® MLS as distributed by MLS GRID #925208 Report a problem
        10/16/2025Listed for sale$1,400,000$532/sqft
        Source: OneKey® MLS as distributed by MLS GRID #925208 Report a problem
        3/5/2015Listing removed$1,775$1/sqft
        Source: Rapid Realty Report a problem
        3/2/2015Listed for rent$1,775$1/sqft
        Source: Rapid Realty Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,881 +4.5%$73,380 -11.2%
        2024$3,713 $82,620 -18.5%
        2023-- $101,400 +22.2%
        2022-- $82,980 -8.8%
        2021-- $91,020 +3.6%
        2020$3,450 +5.8%$87,840 +22.5%
        2019$3,261 +2.4%$71,700 +370.9%
        2018$3,185 +8.6%$15,225 +5.8%
        2017$2,933 +10.4%$14,389 +5.9%
        2016$2,656 $13,584
        2015$2,656 +87.4%$13,584 +5.8%
        2014$1,417 $12,838 +1.2%
        2013-- $12,688 +5.8%
        2012-- $11,991 +5.9%
        2011-- $11,320
        2010-- $11,320 +5.8%
        2009-- $10,699 +1.2%
        2008-- $10,574 +5.8%
        2007-- $9,993 +5.9%
        2006-- $9,434
        2005-- $9,434 +5.8%
        2004-- $8,916 +1.2%
        2003-- $8,812 +5.8%
        2002-- $8,328 +5.9%
        2001-- $7,862
        2000-- $7,862
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bedford-Stuyvesant

        Getting around

        89 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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