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.
Active
$2,850,000
1118 Cortelyou Rd, Brooklyn, NY 11218
4beds
3,897sqft
Mixed Use
Built in 1930
-- sqft lot
$2,787,400 Zestimate®
$731/sqft
$-- HOA
What's special
- 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
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $2,850,000+29.5%$731/sqft |
Source: StreetEasy #S1854102 Report a problem | ||
| 2/24/2017 | Sold | $2,200,000+193.3%$565/sqft |
Source: Public Record Report a problem | ||
| 5/9/2013 | Sold | $750,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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





