1890 West 6th Street, New York City, NY 11223
Listing Courtesy of Crifasi Realty Associates Inc
$1,875,000
Potential Rebate: $28,125
Overview
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. Gravesends 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 Islands 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.<br><br><br><br><br><br>
Estimated Monthly Payment
$11,709 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$28,125
Monthly savings impact
$78/mo
Effective Purchase Price
$1,846,875
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Crifasi Realty Associates Inc
Data Source: TRESTLE #RLS20025539
RLS at REBNY
Why Buy With Us
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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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Crifasi Realty Associates Inc
Data Source: TRESTLE #RLS20025539
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 1890 West 6th Street against the surrounding Gravesend market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
125.61% Higher
than the Gravesend price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Gravesend.
