$2,500,000
Updated 5 months ago
Off Market

1314 Rockaway Parkway

Canarsie, Brooklyn | Rockaway Ave & Farragut Road

21 Rooms4 Beds4 Baths7,809 Square FeetMixed Use

$2,500,000
floors / apts2 / 2
Lot Size50'6"x125'
Built Size40'3"x47'8"
ZoneR5D
Building TypeLow-Rise
RE Taxes$64,827
Price Per SF
$320

Outdoor space and views

  • Backyard
  • Terrace [900 SF]

Building Amenities

  • Driveway
  • Sprinkler System

Property Description for 1314 Rockaway Parkway

Canarsie - Prime Rockaway Parkway Investment Opportunity - Fully Detached Mixed-Use Building | 2 Residential Units + 3 Commercial Units | 7,809 SF | Parking for 6 Cars | 3 Vacancy + Free Market- exceptional investment or end-user opportunity in the heart of Canarsie's high-traffic. solid brick/concrete, fully detached mixed-use property offers tremendous flexibility, strong income potential, and significant development upside. Building Size: 40.25' × 47.75' (Approx. 7,809 SF) Lot Size: 50.57' × 125' (Approx. 6,321 SF) Zoning: R5D- Unused Buildable FAR: Approx. 4,804 SF- Ceiling Height: 15 ft (commercial units)-Parking: Private driveway fits up to 6 vehicles- Oversized enclosed backyard- 3 units vacant - Approx. 841 SF 2-family residential portion -large 900 SF front terrace- Newly renovated with separate entrance - Three (3) Medical/Office/Retail Units -Each unit approx. 1,532-2,000 SF, totaling Ëœ7,809 SF -Ideal for medical office, dental, school, daycare, adult care, community services, nonprofits, or general retail -Full sprinkler system -ADA-compliant elevator -Gut-renovated with new electrical systems -Heavy foot & vehicle traffic—excellent visibility and signage exposure (Flexible Configuration) -3,400 SF across two levels -1st Floor - 2,000 SF - Two (2) ADA restrooms - Three (3) exam rooms/offices with sinks -Kitchenette- Private management office - Large reception/lobby with LED accent lighting - Lower Level - 1,400 SF - Waiting room + overflow area - Kitchenette -Three (3) exam rooms - Two (2) restrooms Unbeatable convenience—just a 2-minute walk to the L train, multiple bus lines, banks, gyms, restaurants, supermarkets, and retail. Positioned within one of Canarsie's busiest commercial hubs, ensuring steady foot traffic -Turnkey asset - all 3 units vacant and ready for immediate occupancy -Perfect for owner-user, investor, or developer -Projected Cap Rate: Approx. 7% (pro-forma) -Significant value-add and redevelopment potential

Listing History for 1314 Rockaway Parkway

Now
03/09/2026
POM by Jean-Paul Ho
Brooklyn Real Property Inc.
02/22/2026
$2,500,000 [-$300,000] [10.7%]
Price Drop by Jean-Paul Ho
Brooklyn Real Property Inc.

Building Details for 1314 Rockaway Parkway

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Jean-Paul Ho
Brooklyn Real Property Inc.
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: 102360TH