Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed April 21, 2026

136 ROCKAWAY Parkway
Closed For Sale Multi Family

$1,300,000

136 ROCKAWAY Parkway

Brownsville, Brooklyn

MLS® #RLS20055565

RLS at REBNY

Listing by Douglas Elliman Real Estate

7

Bedrooms

4

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 7
Bathrooms 4
Lot Size 2,492 sq ft
Year Built 1930
Ownership None
Property Taxes $11,232/yr
Neighborhood Brownsville
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1930
Structure Type Townhouse
Basement Other
Lot Size 2,492 sq ft
Parcel # 04615-0028
Block/Lot 04615/0028

Listing History

Event Date Price Change
Listed Oct 20, 2025 $1,195,000 -
Currently May 13, 2026 $1,300,000 +8.8%

Description

Introducing a strong investment opportunity in the heart of Brownsville - a 4-unit brick property on Rockaway Parkway, ideally positioned near Linden Boulevard. With nearly 3,200 sq. ft. of interior space, this property offers both solid income potential and long-term value in a rapidly developing Brooklyn neighborhood.

The building features four residential units - three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath unit - providing multiple rental income streams. The finished basement adds tremendous versatility, offering two additional bathrooms and two kitchenettes, ideal for supplemental space or future configuration potential.

Situated near Sutter Avenue (3 train) and Utica Avenue (4 train), the property offers convenient access to Manhattan and other parts of Brooklyn, making it a desirable location for tenants seeking connectivity and accessibility.

Residents will also enjoy proximity to Lincoln Terrace Park, which offers outdoor amenities such as tennis courts, basketball, and a playground - a great neighborhood attraction that supports tenant retention and rental appeal. Additionally, a bilingual school just up the block adds to the area's community-focused environment.

With its size, layout, and location, this property represents a rare opportunity to acquire a high-yield multi-unit asset in a growing area with consistent rental demand. Whether you're looking to expand your portfolio or start your investment journey, this Brownsville property delivers strong fundamentals and room for upside.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $11,232/yr ($936/mo)
Original Price $1,195,000
Sale Price $1,300,000
Previous Price $1,195,000

Brownsville is an East Brooklyn neighborhood of large public housing complexes, low-rise row houses, and a growing number of new construction residential projects. The 3 and 4 trains run through the neighborhood along Eastern Parkway and New Lots Avenue, providing direct subway access to Downtown Brooklyn and Manhattan. Betsy Head Park offers a public pool, track, and sports facilities.

Brownsville Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$980K

Median $/Sqft

$508

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$680K

Live data from RLS at REBNY • Updated 5/13/26, 12:10 PM EST

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Location

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136 ROCKAWAY Parkway, Brownsville, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
4
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $221,850
Land Value: $13,950
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,492 SF
Building Area: 3,198 SF
Built FAR: 1.28
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $11,232, or roughly $936 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20055565
First Listed: 10/20/2025
On Market: 10/20/2025
Price Changed: 4/22/2026
Closed: 4/21/2026
Contract Date: 10/20/2025

Listing Courtesy of Douglas Elliman Real Estate - Christian Newton

Listing Contact: (347) 993-0051

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. ©2026 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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/13/2026 at 4:10 PM UTC

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