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2579 Cropsey Ave, Brooklyn, NY, 11214

--beds
4baths
3,665sqft
$2,999,999
$819price/sqft
$18,161/moest. monthly cost
$726,440/yrincome needed

About This Home

Description Prime Mixed-Use Corner Property in Kings County – Exceptional Investment Opportunity offering approximately 3,665 square feet of building space in a highly desirable location, known for its outstanding visibility, strong foot traffic, and excellent accessibility. This well-maintained property features two established commercial businesses, including a successful restaurant / gourmet pizzeria and a well-known ice shop, creating strong street presence and consistent neighborhood activity. The businesses benefit from excellent corner exposure, making this a highly attractive destination for customers and passersby. Above the retail level are two residential apartments, providing excellent supplemental rental income. One unit features 2 spacious bedrooms, while the second apartment offers 3 bedrooms, an updated kitchen, hardwood floors, and access to a large private terrace. Additional highlights include a private driveway, a rare and valuable feature in this area, and a tremendous unfinished basement that offers extensive storage capacity or potential for future expansion or customization. This property presents an outstanding opportunity for investors or owner-operators seeking strong rental income, business continuity, and long-term appreciation. This turnkey opportunity represents a rare chance to acquire both income-producing commercial businesses and valuable mixed-use real estate in one transaction. The combination of consistent cash flow, prime corner positioning, and property ownership creates multiple avenues for growth and long-term value. The current owner is retiring, presenting an ideal opportunity for an experienced restaurateur or investor to continue with long term success. This exceptional opportunity combines a thriving 33-year-old restaurant/gourmet pizzeria with a thriving ice store with valuable commercial real estate. •All major mechanicals less than 10 years -Roof -Steam Heating System -Plumbing System -Electrical System

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

8/10
Ps 212 Lady Deborah MoodyGrades PK-50.4 mi
7/10

Construction

Condition

  • Year built: 1931

Materials

  • Foundation: Block
  • Roof: Asphalt/Tar
  • Construction materials: Brick,Stucco,Vinyl Siding,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater,Hot Water Coil in Boiler

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • Window features: Display Window(s)
  • Flooring: Tile

Heating

  • Heating features: Natural Gas,Steam/Radiator

Interior Area

  • Total structure area: 3,665
  • Total interior livable area: 3,665 sqft

Property

Details

  • Zoning: R5
  • Special condition: Arm's Length
  • Foundation area: 1625

Features

  • Stories: 2
  • Fencing: Fence - Full

Lot

  • Lot size: 3,099 sqft
  • Features: Back Yard,Irregular Lot
  • Lot size dimensions: 46x106

Parking

  • Total spaces: 2
  • Parking features: Off Site,2 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Coastal Flooding
Earthquake
Strong Wind
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,169$182,028
Home Insurance *$988$11,856
Property Taxes $1,399$16,788
Electricity $605$7,268
Total$18,161$217,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$622,662/yr
40% on housing$544,830/yr
45% on housing$484,293/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$819This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$622
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11214$568
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$2,999,999

For Sale by Agent

AgentGregory A. Diaz
BrokerageSI Premiere Properties

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