Introducing a strong investment opportunity in the heart of Brownsville - a 4-unit brick property on Rockaway Parkway, ideally positioned near Linden Boulevard. With nearly 3,200 sq. ft. of interior space, this property offers both solid income potential and long-term value in a rapidly developing Brooklyn neighborhood. The building features four residential units - three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath unit - providing multiple rental income streams. The finished basement adds tremendous versatility, offering two additional bathrooms and two kitchenettes, ideal for supplemental space or future configuration potential. Situated near Sutter Avenue (3 train) and Utica Avenue (4 train), the property offers convenient access to Manhattan and other parts of Brooklyn, making it a desirable location for tenants seeking connectivity and accessibility. Residents will also enjoy proximity to Lincoln Terrace Park, which offers outdoor amenities such as tennis courts, basketball, and a playground - a great neighborhood attraction that supports tenant retention and rental appeal. Additionally, a bilingual school just up the block adds to the area's community-focused environment. With its size, layout, and location, this property represents a rare opportunity to acquire a high-yield multi-unit asset in a growing area with consistent rental demand. Whether you're looking to expand your portfolio or start your investment journey, this Brownsville property delivers strong fundamentals and room for upside.
Sold for $1,300,000
$1,300,000
136 Rockaway Pkwy, Brooklyn, NY 11212
7beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$1,306,400 Zestimate®
$--/sqft
$3,736 Estimated rent
Home value
$1,306,400
$1.21M - $1.40M
$3,736/mo
Zestimate® history
Owner options
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$3,736/mo
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$3,736/mo
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$7,688/mo
Est. payment
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$7,688/mo
Est. payment
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Source: Douglas Elliman,MLS#: 23622000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
Interior area
- Total structure area: 0
Property
Features
- Stories: 2
Details
- Parcel number: 046150028
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Brownsville
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $411,000
- Annual tax amount: $11,443
- Date on market: 10/20/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Sold | $1,300,000+8.8% |
Source: Public Record Report a problem | ||
| 12/1/2025 | Pending sale | $1,195,000 |
Source: | ||
| 12/1/2025 | Contingent | $1,195,000 |
Source: StreetEasy #S1793590 Report a problem | ||
| 10/20/2025 | Listed for sale | $1,195,000 |
Source: StreetEasy #S1793590 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,443 +7.5% | $184,950 +5.7% |
| 2024 | $10,649 | $175,050 +8.7% |
| 2023 | -- | $161,100 -3.2% |
| 2022 | -- | $166,500 +10.5% |
| 2021 | -- | $150,660 +3% |
| 2020 | $8,535 +8.3% | $146,250 +19.8% |
| 2019 | $7,882 | $122,040 +91.3% |
| 2018 | -- | $63,811 +8% |
| 2017 | $7,515 +3.4% | $59,085 +0.5% |
| 2016 | $7,269 | $58,786 +8% |
| 2015 | $7,269 +66.7% | $54,432 +8% |
| 2014 | $4,361 | $50,400 +2.7% |
| 2013 | -- | $49,086 +8% |
| 2012 | -- | $45,450 -13.5% |
| 2011 | -- | $52,526 +0% |
| 2010 | -- | $52,516 +3.3% |
| 2009 | -- | $50,859 +7.9% |
| 2008 | -- | $47,118 +8% |
| 2007 | -- | $43,633 +8% |
| 2006 | -- | $40,405 +0% |
| 2005 | -- | $40,397 +3.3% |
| 2004 | -- | $39,123 +7.9% |
| 2003 | -- | $36,245 +8% |
| 2002 | -- | $33,564 +8% |
| 2001 | -- | $31,081 +0% |
| 2000 | -- | $31,075 |
Find assessor info on the county website
Neighborhood: Brownsville
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Nearby schools
GreatSchools rating
- 7/10Ps 189 Lincoln TerraceGrades: K-8Distance: 0.2 mi
- 1/10ASPIRATIONS DIPLOMA PLUS HIGH SCHOOLGrades: 9-12Distance: 0.2 mi
- 5/10New Heights Middle SchoolGrades: 6-8Distance: 0.7 mi
- New York
- Kings County
- New York
- 11212
- Brooklyn
- Brownsville
- 136 Rockaway Pkwy