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    343 Rockaway Ave Brooklyn, NY 11212

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    For Sale
    $699,000

    All-brick mixed-use building in rapidly developing Brownsville neighborhood.

    Lot size:
    0.05 Acres

    Property Features for 343 Rockaway Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1930

    Source: RE/MAX Elite Agent Madeline Caudiano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Brownsville

    This all-brick mixed-use building is located on a busy main street in the rapidly developing Brownsville neighborhood, minutes from Eastern Parkway. The building formerly operated as a laundromat and includes all Maytag machines. The property features high ceilings in both the store and the apartment. The upstairs unit is a spacious 3-bedroom apartment with a large eat-in kitchen, full living room, gas heat, and classic cast iron radiators. The surrounding area features new residential and commercial construction and is close to transportation. The property offers great potential for business or rental income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.910845
    Latitude
    40.671395

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    FAQs

    What type of property is this?
    Mixed-use property - All-brick mixed-use building in rapidly developing Brownsville neighborhood.
    Where is this mixed-use property located?
    The property is located at 343 Rockaway Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in rapidly developing Brownsville.; - Mixed-use building on a busy main street.; - Spacious 3-bedroom apartment with large eat-in kitchen.
    (718) 690-3900
    Request Owner's contact information
    343 Rockaway Ave Brooklyn, NY 11212
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    Brooklyn, NY 11212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 Rockaway Ave Brooklyn, NY 11212
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