$1,049,999
Updated 2 days ago
Off Market

1638 Eastern Parkway

Ocean Hill, Brooklyn | Thomas S Boyland Street & Rockaway Ave

10 Rooms3 Beds1 Bath2,260 Square FeetMixed Use

$1,049,999
floors / apts2 / 1
Lot Size25'1"x75'3"
Built Size25'x62'5"
ZoneC8-2
Building TypeLow-Rise
RE Taxes$2,439
Price Per SF
$465

Outdoor space and views

  • Backyard

Property Description for 1638 Eastern Parkway

A rare chance to own a fully operational, income-producing mixed-use building in the heart of Brooklyn. This well-maintained property delivers the ideal blend of immediate cash flow and long-term upside. The ground floor is anchored by an established restaurant space, perfectly positioned for high visibility and steady foot traffic. Above, a spacious two-bedroom apartment and a bright studio offer desirable layouts filled with natural light, both primed for strong, consistent rental income in a market where demand remains high. Set on a vibrant, high-traffic block surrounded by thriving local businesses, popular dining spots, and everyday conveniences, this location works for you. With subway and bus lines just steps away, accessibility is unmatched. Opportunities with solid income, multiple revenue streams, and a prime Brooklyn location rarely come to market. Whether you’re expanding your portfolio or looking to occupy while generating rental income, this is a strategic acquisition in one of Brooklyn’s most established and enduring neighborhoods.

Listing History for 1638 Eastern Parkway

Now
08/20/2026
POM by Amit Shah
Compass
05/05/2026
$1,049,999 [-$50,000] [4.5%]
Price Drop by Amit Shah
Compass

Building Details for 1638 Eastern Parkway

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1921
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

Rockaway Av
0.47 miles

Citi Bike

Park Pl & Thomas S. Boyland St
0.03 miles
St Marks Ave & Thomas S. Boyland St
0.1 miles

Contact Agents

Contact Agents

Amit Shah
Compass
Joe Lukic
Compass
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 39882TH