#487859, Listing Office: RE/MAX Elite
#RLS11030391·
Listing Office: POLJAN PROPERTIES INC·
Listing Agent: Peter Poljan·
Listing Agent Phone: (718) 484-4776·
Listing Office Phone: (718) 484-4776
1022 Cortelyou Road Building New York City, NY 11218
$3,950,000 List price
5 beds
2 full, 1 partial
3,600 sqft
$1,097 / sqft
Multi-Family
Property details
About 1022 Cortelyou Road Building
<p>Prime Mixed-Use Investment Opportunity in Ditmas Park! 1022 Cortelyou Road, is a meticulously renovated mixed-use building, offering a rare combination of income-producing commercial and residential spaces. This 3,600 square foot property includes additional buildable FAR of 4,214 square feet, making it a perfect opportunity for investors, developers, or end-users seeking flexibility and growth potential.</p> <p>Property Highlights:</p> <p>Ground floor: Home to Lea's, a beloved local restaurant.</p> <p>Basement: Rented by a bakery.</p> <p>Shed: Additional storage.</p> <p>2nd floor: A spacious 2-bedroom apartment with a private terrace.</p> <p>3rd floor: A large, sun-filled 3-bedroom unit.</p> <p>Recent Renovations: Both residential units and the commercial restaurant space have been recently updated, ensuring modern finishes and functionality throughout.</p> <p>Development Potential: The property's additional FAR provides incredible value for those looking to expand or enhance the existing structure. Development plans are available for review, offering inspiration and insight into the property's future possibilities.</p> <p>Cortelyou Road is a lively corridor known for its local charm and convenience, surrounded by popular restaurants, cafes, and shops, including Lea's, Mimi's Hummus, Madeline's, Sycamore Bar & Flower Shop, George's Diner, and the Flatbush Food Co-op. Kings Theater and Newkirk Avenue are also nearby. Commuting is easy with the Q train at Cortelyou Road offering a 35-minute ride to Union Square, and the B/Q trains at Newkirk Plaza providing access to downtown Manhattan in about 40 minutes.</p> <p>Whether you're an investor seeking steady income, a developer with an eye for potential, or an end-user looking to establish your business in a thriving area, this property delivers unparalleled opportunity.</p> <p>Contact us today for the building setup or to schedule a private viewing and explore the possibilities of this exceptional property.</p>
Highlights
Home typeTriplex
StatusActive
Size3,600 sqft
Year built1930
MLS #RLS11030391
Summary
- MLS Number: RLS11030391
- MLS Name: RLS
- Office Name: POLJAN PROPERTIES INC
- Office Phone: (718) 484-4776
- Office Email: peter@poljanproperties.com
- Listing Agent: Peter Poljan
- Agent Phone: (718) 484-4776
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
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Last updated on: 1/27/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,950,000
1022 Cortelyou Road Building
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 139 Alexine A. Fenty School
Public District PK-5
0.2 mi
•330 Rugby Rd
6
P.S. 217 Colonel David Marcus School
Public District KG-5
0.4 mi
•1100 Newkirk Ave
4
P.S. 889 Brooklyn
Public District PK-KG
0.4 mi
•21 Hinckley Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,822. Residents of New York City, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
51%
35k-100k
24%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Jack In The Box
Chipotle
What do the neighbors drive?
Audi
Toyota
Volkswagen
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1022 Cortelyou Road Building in New York City, NY and zip code 11218 in the Ditmas Park neighborhood. This 3,600 square foot home was built in 1930. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $3,950,000.
In December 2024, from all listings sold in New York City, NY there were more than 215 sold above asking price, over 736 sold below and more than 870 were sold right at the asked price. Between November and December 2024, New York City, NY real estate market has seen decrease in the number of listings by 8.6%. While the average time on the market in December 2024 was 72 days, the median list price was $853,573.
From Rocket Homes Real Estate and based on county public records data.