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  • $2,850,000

    1118 Cortelyou Rd, Brooklyn, NY 11218

    4beds
    3,897sqft
    Loading
    Mixed Use
    Built in 1930
    -- sqft lot
    $2,787,400 Zestimate®
    $731/sqft
    $-- HOA

    What's special

    A distinctive mixed-use opportunity in the heart of beloved Ditmas Park. 1118 Cortelyou Road is a three-story property offering an established and successful ground-floor business together with two spacious two-bedroom apartments, one on the second floor and one on the third. The combination creates an appealing investment with multiple income streams and the flexibility that comes with both commercial and residential space. What truly sets this property apart is its exceptional neighborhood setting. Ditmas Park is one of Brooklyn’s most charming residential enclaves, celebrated for its leafy, tree-lined streets, grand historic homes, and strong sense of community. Just outside your door, Cortelyou Road provides the perfect urban counterpoint—a vibrant, walkable shopping and dining corridor filled with restaurants, cafés, bars, shops, local businesses, and neighborhood gathering places. The year-round Cortelyou Greenmarket adds another dimension to the neighborhood, while the surrounding blocks offer an eclectic mix of dining, shopping, entertainment, and everyday conveniences. The building and the ground-floor business are being offered together and may only be purchased as a package. Please inquire for additional information and specific details regarding the business, including its operations and financials. For an investor, entrepreneur, or owner looking for a property with character and income potential, 1118 Cortelyou Road offers an unusually compelling combination: an established commercial business, two residential apartments, and a location on one of Brooklyn’s most vibrant neighborhood shopping streets—all in the wonderfully livable setting of Ditmas Park.
    4 days
    185
    11

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman 212-337-6113,

    Owen Hill,

    Terry Robison

    Source: StreetEasy,MLS#: S1854102

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bike Room
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,897
      • Total interior livable area: 3,897 sqft

      Property

      Features
      • Patio & porch: Other, Terrace
      • Exterior features: Courtyard, Garden, Terrace
      • Has view: Yes
      • View description: Garden
      Details
      • Parcel number: 051540009
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: Ditmas Park
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $731/sqft
      • Tax assessed value: $1,716,000
      • Annual tax amount: $6,996
      • Date on market: 10/25/2026

        Estimated market value

        $2,787,400

        $2.65M - $2.93M

        $7,103/mo

        Price history

        DateEventPrice
        10/26/2026Listed for sale$2,850,000+29.5%$731/sqft
        Source: StreetEasy #S1854102 Report a problem
        2/24/2017Sold$2,200,000+193.3%$565/sqft
        Source: Public Record Report a problem
        5/9/2013Sold$750,000$192/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,061 +1.6%$102,960 +25%
        2024$6,953 $82,380 -4.4%
        2023-- $86,160 +27.4%
        2022-- $67,620 +10.7%
        2021-- $61,080 +1.2%
        2020$6,276 +2.8%$60,360 -0.4%
        2019$6,106 +7.3%$60,600 +122.7%
        2018$5,693 +3.7%$27,216 +1.1%
        2017$5,489 +7.2%$26,928 +2.8%
        2016$5,121 $26,191 +6%
        2015$5,121 +299.1%$24,710 +2.8%
        2014$1,283 $24,040
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ditmas Park

        Getting around

        93 / 100
        Walker's Paradise
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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