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
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