Exceptional opportunity to acquire a 2,000 square foot mixed-use building in the Canarsie section of Brooklyn. This income-producing property features a fully operational laundromat on the ground floor and a two-bedroom residential apartment above, offering a strong combination of commercial and residential revenue.
The commercial space is currently operating as a neighborhood laundromat equipped with approximately 18 washers and 20 dryers, serving the surrounding residential community and benefiting from consistent daily demand. The second-floor two-bedroom apartment provides additional rental income, making the property well-suited for investors seeking a stable mixed-use asset or for an owner-operator looking to run their own business while collecting residential rent.
The property also includes accessible on-site parking, a valuable amenity for both customers and residents. Positioned on Canarsie Road, a well-traveled corridor, the building benefits from strong neighborhood density and visibility.
This is a rare opportunity to own a turnkey mixed-use property in a growing Brooklyn neighborhood with strong income potential.
Property Features:
Mixed-use building (commercial + residential)
Approximately 2,000 sq ft building size
Ground-floor laundromat with 18 washers and 20 dryers
Second-floor two-bedroom residential unit
Accessible on-site parking
High visibility location in Canarsie
Strong investment and income potential
In contract
$850,000
1589 Canarsie Rd, Brooklyn, NY 11236
2beds
2,000sqft
Mixed Use
Built in 1901
-- sqft lot
$848,000 Zestimate®
$425/sqft
$-- HOA
What's special
Accessible on-site parkingSecond-floor two-bedroom residential unit
- 99 days |
- 54 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Compass 908-659-8285,
Claudette Rolling,
Verna Defoe
Source: StreetEasy,MLS#: S1816795
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 082770012
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Canarsie
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $652,000
- Annual tax amount: $5,229
- Date on market: 3/18/2026
Estimated market value
$848,000
$806,000 - $890,000
$3,443/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Contingent | $850,000$425/sqft |
Source: StreetEasy #S1816795 Report a problem | ||
| 3/18/2026 | Listed for sale | $850,000+98.1%$425/sqft |
Source: StreetEasy #S1816795 Report a problem | ||
| 1/7/2013 | Listing removed | $429,000$215/sqft |
Source: Triangle Realty of NY Report a problem | ||
| 12/5/2012 | Listed for sale | $429,000$215/sqft |
Source: Triangle Realty of NY Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,229 -0.5% | $39,120 +7.1% |
| 2024 | $5,253 | $36,540 +12.4% |
| 2023 | -- | $32,520 +8.4% |
| 2022 | -- | $30,000 +12.1% |
| 2021 | -- | $26,760 -5.5% |
| 2020 | $4,648 +0.8% | $28,320 +0.4% |
| 2019 | $4,613 +7.3% | $28,200 +37.2% |
| 2018 | $4,301 +8.8% | $20,561 +6% |
| 2017 | $3,954 +10.5% | $19,398 +6% |
| 2016 | $3,578 | $18,300 |
| 2015 | $3,578 +23% | $18,300 |
| 2014 | $2,908 | $18,300 |
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: Canarsie
Nearby schools
GreatSchools rating
- 5/10Ps 115 Daniel Mucatel SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Is 68 Isaac BilderseeGrades: 6-8Distance: 0.8 mi
- 3/10High School For Medical ProfessionsGrades: 9-12Distance: 0.5 mi
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