85 Rockaway Avenue, Brooklyn, NY 11233 Property Information
85 Rockaway Avenue, Brooklyn, NY 11233 Property Information
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Address
| Primary address | 85 Rockaway Avenue |
| Neighborhood | Ocean Hill |
| Zip code | 11233 |
| Borough | Brooklyn |
| Block & lot | 01534-0004 |
Sales & Tax Overview for 85 Rockaway Avenue, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 10/31/2016 |
| Purchase price | $50,000 |
| Tax class | Register |
Lot & Building Information for 85 Rockaway Avenue, Brooklyn
| Lot sq. ft. | 1,444 |
| Lot dimensions | |
| Property type | Primarily Two Family with One Store or Office (S2)
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| Building sqft | 2,504 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1931 |
| Year last altered | 2017 |
| Construction type | Register |
Area Overview
| School district | 23 |
| Community district | 16 |
| Closest police station | 0.62 Miles |
| Closest fire station | 0.17 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 85 Rockaway Avenue, Brooklyn
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About 85 Rockaway Avenue, Brooklyn
This Primarily Two Family with One Store or Office (S2) located at 85 Rockaway Avenue, Brooklyn, NY 11233 has a total of 2,504 square feet and a current price per square foot of $19.
What is the year built & the current market value of 85 Rockaway Avenue, Brooklyn, NY 11233?85 Rockaway Avenue, Brooklyn, NY 11233 was built in 1931 and has a current tax assessor's market value of $1,394,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
Ownership Information for 85 Rockaway Avenue, Brooklyn
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Spaces for Sale in 85 Rockaway Avenue, Brooklyn
| Listing type | For Sale |
|---|---|
| Listing date | 07/06/2026 |
| Last updated | 07/09/2026 |
| Lot size | 0.033 Acre |
A standout mixed-use opportunity in the Ocean Hill section of Brooklyn, offering the kind of income, flexibility, and updated finishes investors look for. This property features a commercial storefront with basement space plus two updated 2-bedroom apartments, generating current gross rental income of $10,300/month, or $123,600 annually. The storefront and basement are rented together for $5,000/month, with the residential apartments rented for $2,500/month and $2,800/month.
The building offers approximately 2,504 SF on a 1,444 SF lot, with two stories, strong retail frontage, and a practical mixed-use layout. The residential units feature modern finishes, hardwood floors, stainless steel appliances, exposed ductwork, recessed lighting, a designated laundry area, and two bathrooms total, with one bathroom on each floor. One apartment is expected to become vacant soon, creating added flexibility for an owner-user, investor re-rental, or future upside.
The location offers convenient access to multiple transit options, including the A/C train at Rockaway Avenue, the J/Z at Chauncey Street, the L train at Bushwick Avenue, and the Broadway Junction transit hub. Surrounded by residential density, neighborhood retail, and everyday services, this property combines storefront income, residential income, basement space, updated interiors, and long-term Brooklyn upside in one compelling package.
Amazing opportunity in the heart of Ocean Hill - A Must See!
Brokers
Past Sales & Property History for 85 Rockaway Avenue, Brooklyn
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Title Documents for 85 Rockaway Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 85 Rockaway Avenue, Brooklyn
Access detailed property tax data for 85 Rockaway Avenue, Brooklyn, NY 11233. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $7,759 |
| Tax assessor's market value: | $1,394,000 |
| Assessed value: | $83,640 |
Assessment History for 85 Rockaway Avenue, Brooklyn
Here's the assessment & property tax history for 85 Rockaway Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,060,000 | $63,600 | $39,104 | 19.843% | $7,759 | $7,759 | +2.80% |
| 2024/25 | $856,000 | $51,360 | $37,581 | 20.085% | $7,548 | $7,548 | +6.00% |
| 2023/24 | $1,050,000 | $63,000 | $35,454 | 20.085% | $7,121 | $7,121 | +4.83% |
| 2022/23 | $910,000 | $54,600 | $33,447 | 20.309% | $6,793 | $6,793 | +4.42% |
| 2021/22 | $865,000 | $51,900 | $32,587 | 19.963% | $6,505 | $6,505 | -5.15% |
Permits for 85 Rockaway Avenue, Brooklyn
The complete history of permits filed for 85 Rockaway Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Rockaway Ave & Fulton St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.106 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Neighbors for 85 Rockaway Avenue, Brooklyn
Here are the neighbors for 85 Rockaway Avenue, Brooklyn, NY 11233.