155 Rockaway Pkwy, Brooklyn, NY for sale

Investment Overview

Asset CRG Advisors has been exclusively retained to market 155 Rockaway Parkway, Brooklyn, NY 11212, a three-story multifamily building located in the Brownsville neighborhood of Brooklyn. The property consists of six residential units totaling approximately 6,123 square feet, situated on a 2,400-square-foot lot measuring 24 ft x 100 ft. Originally built in 1930, the building spans 24 ft x 80 ft and is currently configured as a rent-stabilized multifamily asset. 155 Rockaway Parkway is zoned R6 and is located within a Qualified Opportunity Zone, offering investors long-term upside potential. The property has approximately 7,200 buildable square feet and benefits from strong residential demand in an established Brooklyn rental market.

Investment Highlights

• Three-story multifamily building consisting of six residential units, located in the Brownsville neighborhood of Brooklyn.
• Originally built in 1930, the property contains approximately 6,123 square feet and is situated on a 2,400-square-foot lot.
• All six residential units are rent stabilized.
• The property is zoned R6 and is located within a Qualified Opportunity Zone.
• Conveniently located approximately 0.2 miles from the Sutter Avenue–Rutland Road Station.