$1,785,000
( $396.67Per Sq Foot )
 $9,582 est/mo Sourced by Back At You

1890 W 6th Street,Brooklyn, NY 11223

Brooklyn, NY 11223

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Description

This fully occupied, well-maintained brick mixed-use building in the heart of vibrant Gravesend, Brooklyn, offers an exceptional investment opportunity. Spanning approximately 3,900 square feet across two floors on a 25ft x 100ft lot, this 1931-built property (zoned R5B) features four retail units on the ground floor, including a deli with basement access, and two spacious residential apartments on the second floor (one 3-bedroom, one 2-bedroom, each approximately 975 sq ft). The building generates strong income with a current gross annual income of $131,760 and a projected gross of $149,760 after recommended rent adjustments, yielding a current NOI of $85,542 and a projected NOI of $92,977.18 (based on expenses of $56,782.82, including taxes, utilities, and insurance). Its robust brick construction ensures low maintenance, making it a turnkey asset for investors. Ideally situated near the Avenue U subway station (N and W lines, rated 4.0 with 37 reviews), the property offers excellent accessibility to Manhattan and beyond. Gravesend’s charm shines through with proximity to iconic destinations like L&B Spumoni Gardens, renowned for its square Sicilian pizza and spumoni, as well as Coney Island’s famous boardwalk, amusement parks, and the New York Aquarium, all just a short distance away. This property combines steady cash flow, growth potential, and a prime location in a sought-after Brooklyn neighborhood.

Details

MLS #858279
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1931
Days On Site460
Listing Provided ByCrifasi Real Estate Inc | Sal J. Crifasi

Features

SQ Feet4,500
BasementY
Units6
Building(s)1
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas

Exterior

Construction MaterialsBrick
Lot FeaturesCorner Lot

Utilities

UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Available, Water Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value279900
Tax Annual Amount29332.44

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
Sourced by Back At You

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11223
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.338M - $2.231M
sqft: 3,000 - 5,500
Listing Updated: July 27, 2026 at 7:22:44 AM PDT