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Mixed-Use Property with Apartments
New
For Sale
$2,850,000

1118 CORTELYOU Road, Brooklyn, NY 11218

Three stories combine a ground-floor commercial business with two two-bedroom residences above.

Property Size1,000 SF
Price / SF$2,850
Days on Market3

Property Features for 1118 CORTELYOU Road

General Information

Standard status Active
Size 1,000 SF
Property subtype Mixed Use

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $7,008

Building Details

Building Size 1,000 SF
Year Built 1930
Buildings 1
Stories 3
Listing Agency: Douglas Elliman Real Estate
Listed By: Owen M Hill, Jr.
Source: Howardhannanyc
Added: Oct 25 Changed: Oct 26 Last Checked: Oct 26 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

At 1118 Cortelyou Road, this three-story mixed-use building pairs a ground-floor business with two two-bedroom apartments. One residence occupies each of the second and third floors. The building and business are offered together as a package.

The property is in Ditmas Park, Brooklyn, on Cortelyou Road. The surrounding corridor includes restaurants, cafés, bars, shops, local businesses, and the year-round Cortelyou Greenmarket. The building dates to 1930.

Key Highlights

  • Three‑story mixed‑use building
  • Two two‑bedroom apartments, on the second and third floors
  • Ground‑floor business is included in the package sale

Property Analytics

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Current Use

Fell Flowers Wedding Service Florescent (Bike/Boat/Book/etc) Store Coffee Land Cafe & Coffee Shop Sycamore Bar + Flower ... Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,567
Businesses Nearby
152k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 35% Groceries 13% Electronics 4%
McDonald's Dining
25,733 visits/mo 0.3 miles
Chase Bank Shops & Services
18,496 visits/mo 0.4 miles
Dunkin' Donuts Dining
14,343 visits/mo 0.3 miles
Mobil Shops & Services
13,996 visits/mo 0.2 miles
C-Town Supermarkets Groceries
10,793 visits/mo 0.4 miles

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three stories combine a ground-floor commercial business with two two-bedroom residences above.
Where is this mixed-use property located?
The property is located at 1118 CORTELYOU Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Three‑story mixed‑use building; Two two‑bedroom apartments, on the second and third floors; Ground‑floor business is included in the package sale
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