Don’t miss this rare opportunity to own a solid income-producing, mixed-use building in one of the busiest commercial corridors of Rutland Road. Featuring a fully leased laundromat with 3 years remaining on a rent-escalating lease, there will be a 2% increase annually for the store rent. The owner of this property pays $5,140 for the annual tax and the store owner pays the rest. Plus two spacious 4-bedroom apartments, this property offers both immediate cash flow and long-term growth potential. With a full basement for added storage, minimal owner expenses, and proximity to major transit lines and top-rated schools, this is the perfect asset to invest, live in, or expand your real estate portfolio.
Active
Price cut: $22K (6/24)
$1,888,000
1045 Rutland Rd, Brooklyn, NY 11212
8beds
3,932sqft
Building
Built in 1931
-- sqft lot
$1,859,300 Zestimate®
$480/sqft
$-- HOA
What's special
- 76 days
- on Zillow |
- 173 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 03:21pm
Listing by:
Tiger Realty 646-229-4788,
Liuhong Ren
Source: StreetEasy,MLS#: S1769914
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 3,932
- Total interior livable area: 3,932 sqft
Property
Details
- Parcel number: 045980053
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Brownsville
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $865,000
- Annual tax amount: $7,386
- Date on market: 5/7/2025
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