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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11212
  6. 136 ROCKAWAY Parkway
Property thumbnail
1 / 24
•Brownsville

136 ROCKAWAY Parkway, New York City, NY 11212

Listing Courtesy of Douglas Elliman Real Estate

$1,195,000

Potential Rebate: $17,925

7 Beds
4 Baths
11 Rooms
1,599 sqft
Built 1930
2 Stories
747/ft²
Listed on Oct 20, 2025
68 days on market
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Overview

<p>Introducing a strong investment opportunity in the heart of Brownsville - a 4-unit brick property on Rockaway Parkway, ideally positioned near Linden Boulevard. With nearly 3,200 sq. ft. of interior space, this property offers both solid income potential and long-term value in a rapidly developing Brooklyn neighborhood.</p> <p>The building features four residential units - three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath unit - providing multiple rental income streams. The finished basement adds tremendous versatility, offering two additional bathrooms and two kitchenettes, ideal for supplemental space or future configuration potential.</p> <p>Situated near Sutter Avenue (3 train) and Utica Avenue (4 train), the property offers convenient access to Manhattan and other parts of Brooklyn, making it a desirable location for tenants seeking connectivity and accessibility.</p> <p>Residents will also enjoy proximity to Lincoln Terrace Park, which offers outdoor amenities such as tennis courts, basketball, and a playground - a great neighborhood attraction that supports tenant retention and rental appeal. Additionally, a bilingual school just up the block adds to the area's community-focused environment.</p> <p>With its size, layout, and location, this property represents a rare opportunity to acquire a high-yield multi-unit asset in a growing area with consistent rental demand. Whether you're looking to expand your portfolio or start your investment journey, this Brownsville property delivers strong fundamentals and room for upside.</p>

Home Features

  • •In Unit
  • •Smoke Free

Estimated Monthly Payment

$6,841 per month

30 year fixed, 6.28% Interest

Principal and Interest
$5,905
Property Taxes
$936
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$17,925

Monthly savings impact

$50/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20055565

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Price Analysis

Compare average listing prices and value metrics for 136 ROCKAWAY Parkway against the surrounding Brownsville market.

Based on 1 active units in building vs 8 in area

Average List Price

Building$1.2M
Neighborhood$981.6K

Price Per SqFt

Building Avg$747/ft²
Neighborhood Avg$496/ft²
Premium Market

50.53% Higher

than the Brownsville price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Brownsville.

Brownsville

Overview of Brownsville

Brownsville is a neighborhood with deep roots and a strong sense of community survival. Known for its high concentration of public housing, it is also a cultural incubator that has produced legends like Mike Tyson. For buyers seeking Brownsville Brooklyn real estate, the market is primarily focused on small multi-family investment properties.

Living in Brownsville is about grit and community. As a Brooklyn NYC neighborhood, it remains one of the most affordable and authentic areas left.

Real Estate & Housing Market

The market for homes for sale in Brownsville is investor-heavy. You can find stone and brick rowhouses at price points unseen elsewhere in Brooklyn.

Lifestyle & Community

The lifestyle in Brownsville is centered on the block. Community centers like the Brownsville Recreation Center are vital hubs.

Transportation & Accessibility

Brownsville is served by the 3 and L trains. Transit access is solid.

Parks, Schools & Amenities

Betsy Head Park recently underwent a massive $30 million renovation.

Amenities: The purely local shopping on Pitkin Avenue.

Who This Neighborhood Is Best For

Brownsville is best for investors and pioneer homeowners looking for rock-bottom prices.

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