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    Renovated Two-Family Duplex Home Title is generated by Realmo AI

    626 Rockaway Parkway, Brooklyn, NY 11236

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    For Sale
    $1,149,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,400 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $478/SF
    Added:
    Jun 15, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 23 at 1:06 pm

    Property Features for 626 Rockaway Parkway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Patio and Porch features
    Porch, Patio
    Interior features
    A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Stove, Washer
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6596

    Building Details

    Year built
    1945
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Ceramic, Hardwood
    Building materials
    Brick
    Roof type
    Shingle

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    Listing Contact
    Tunde (Angel) Malka

    Listing agent Tunde (Angel) Malka

    Listing office Bergen Basin Realty LLC 5817 Avenue N, Brooklyn, NY

    Listing date Jun 15, 2026

    MLS# 502306 Listing URL

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑family home featuring a 3‑bedroom duplex with 2 full bathrooms plus a half bathroom, and an attached 2‑bedroom apartment
    • 24 x 110 lot with private parking
    • Interior features include A/C window units, dishwasher, microwave, stove, washer and dryer, plus a dedicated laundry area
    • Brick construction with shingle roof
    • Flooring includes ceramic and hardwood
    • Outdoor features include a porch and patio garden

    Overview

    This newly renovated two-family duplex home is set up as a spacious 3-bedroom duplex with two full bathrooms and a half bathroom, positioned over a 2-bedroom apartment. The property is described as move-in ready, with updated interiors and top-tier finishes, along with premium appliances included per the listing remarks.

    Located at 626 Rockaway Parkway in Brooklyn’s East Flatbush area, the home is noted as being conveniently near Brookdale Hospital Medical Center. The lot is listed as 24 x 110, and the property includes private parking.

    The configuration supports a practical owner-occupant arrangement, allowing the upstairs duplex to serve as the primary residence while the lower 2-bedroom unit can be used as rental space. With the recent renovation and the clear separation of unit layouts, the home may also appeal to buyers seeking a turn-key property designed to accommodate both living and income generation within a single structure. Zoning is listed as R5.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $122.4k $51.00
    − Vacancy −$2.3k −$0.97
    EGI $120.1k $50.03
    − OpEx −$36.0k −$15.01
    NOI $84.1k $35.02
    2,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,052 @ 7.0% cap · market cap 7.32%
    Second Best
    Apartment 5plus
    $1.05M
    $915.9K – $1.22M (±1% cap)
    NOI $73,270 @ 7.0% cap · market cap 6.38%
    Theoretical Best
    Specialty Retail
    $1.99M
    $1.74M – $2.32M (±1% cap)
    NOI $139,104 @ 7.0% cap · market cap 12.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.912236
    Latitude
    40.653608

    FAQs

    What type of property is this?
    Duplex - Newly renovated duplex configured for flexible living or rental use, with private parking and updated finishes throughout.
    Where is this duplex located?
    The property is located at 626 Rockaway Parkway Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: 2‑family home featuring a 3‑bedroom duplex with 2 full bathrooms plus a half bathroom, and an attached 2‑bedroom apartment; 24 x 110 lot with private parking; Interior features include A/C window units, dishwasher, microwave, stove, washer and dryer, plus a dedicated laundry area
    More about this property
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