Active

1022 CORTELYOU Road BUILDING

Brooklyn NY, 11218

$3,950,000


$1,097.22 per sqft

Active

5 Beds

3 Baths

3,600 sqft

Multi-family

Built in 1930

Prime Mixed-Use Investment Opportunity in Ditmas Park! 1022 Cortelyou Road, is a meticulously renovated mixed-use building, offering a rare combination of income-producing commercial and residential spaces. This 3,600 square foot property includes additional buildable FAR of 4,214 square feet, making it a perfect opportunity for investors, developers, or end-users seeking flexibility and growth potential.

Property Highlights:

Ground floor: Home to Lea's, a beloved local restaurant.

Basement: Rented by a bakery.

Shed: Additional storage.

2nd floor: A spacious 2-bedroom apartment with a private terrace.

3rd floor: A large, sun-filled 3-bedroom unit.

Recent Renovations: Both residential units and the commercial restaurant space have been recently updated, ensuring modern finishes and functionality throughout.

Development Potential: The property's additional FAR provides incredible value for those looking to expand or enhance the existing structure. Development plans are available for review, offering inspiration and insight into the property's future possibilities.

Cortelyou Road is a lively corridor known for its local charm and convenience, surrounded by popular restaurants, cafes, and shops, including Lea's, Mimi's Hummus, Madeline's, Sycamore Bar & Flower Shop, George's Diner, and the Flatbush Food Co-op. Kings Theater and Newkirk Avenue are also nearby. Commuting is easy with the Q train at Cortelyou Road offering a 35-minute ride to Union Square, and the B/Q trains at Newkirk Plaza providing access to downtown Manhattan in about 40 minutes.

Whether you're an investor seeking steady income, a developer with an eye for potential, or an end-user looking to establish your business in a thriving area, this property delivers unparalleled opportunity.

Contact us today for the building setup or to schedule a private viewing and explore the possibilities of this exceptional property.

RLS11030391

MLS ID

January 23, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Laundry Description

Building None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

None


Architectural Style

Walk-Up


Patio And Porch

Terrace

Other Property Details

HOA Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No

RLS Data display by Peter Poljan with POLJAN PROPERTIES INC
Listing Contact: (718) 484-4776 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 2/22/2025 at 6:40 AM UTC

Powered byLuxury Presence