Exceptional opportunity to acquire a 2,000 square foot mixed-use building in the Canarsie section of Brooklyn. This income-producing property features a fully operational laundromat on the ground floor and a two-bedroom residential apartment above, offering a strong combination of commercial and residential revenue.
The commercial space is currently operating as a neighborhood laundromat equipped with approximately 18 washers and 20 dryers, serving the surrounding residential community and benefiting from consistent daily demand. The second-floor two-bedroom apartment provides additional rental income, making the property well-suited for investors seeking a stable mixed-use asset or for an owner-operator looking to run their own business while collecting residential rent.
The property also includes accessible on-site parking, a valuable amenity for both customers and residents. Positioned on Canarsie Road, a well-traveled corridor, the building benefits from strong neighborhood density and visibility.
This is a rare opportunity to own a turnkey mixed-use property in a growing Brooklyn neighborhood with strong income potential.
Property Features:
Mixed-use building (commercial + residential)
Approximately 2,000 sq ft building size
Ground-floor laundromat with 18 washers and 20 dryers
Second-floor two-bedroom residential unit
Accessible on-site parking
High visibility location in Canarsie
Strong investment and income potential
Active
$850,000
1589 Canarsie Rd, Brooklyn, NY 11236
2beds
2,000sqft
Mixed Use
Built in 1901
-- sqft lot
$885,400 Zestimate®
$425/sqft
$-- HOA
What's special
Accessible on-site parkingSecond-floor two-bedroom residential unit
- 4 days |
- 208 |
- 7 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 07:24am
Listing by:
Compass 908-659-8285,
Claudette Rolling,
Verna Defoe
Source: StreetEasy,MLS#: S1816795
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 082770012
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Canarsie
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $609,000
- Annual tax amount: $5,253
- Date on market: 3/18/2026
Estimated market value
$885,400
$841,000 - $930,000
$3,696/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Listed for sale | $850,000+98.1%$425/sqft |
Source: StreetEasy #S1816795 Report a problem | ||
| 1/7/2013 | Listing removed | $429,000$215/sqft |
Source: Triangle Realty of NY Report a problem | ||
| 12/5/2012 | Listed for sale | $429,000$215/sqft |
Source: Triangle Realty of NY Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,253 | $36,540 +12.4% |
| 2023 | -- | $32,520 +8.4% |
| 2022 | -- | $30,000 +12.1% |
| 2021 | -- | $26,760 -5.5% |
| 2020 | $4,648 +0.8% | $28,320 +0.4% |
| 2019 | $4,613 +7.3% | $28,200 +37.2% |
| 2018 | $4,301 +8.8% | $20,561 +6% |
| 2017 | $3,954 +10.5% | $19,398 +6% |
| 2016 | $3,578 | $18,300 |
| 2015 | $3,578 +23% | $18,300 |
| 2014 | $2,908 | $18,300 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: Canarsie
Nearby schools
GreatSchools rating
- 5/10Ps 115 Daniel Mucatel SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Is 68 Isaac BilderseeGrades: 6-8Distance: 0.8 mi
- 4/10High School For Innovation In Advertising And MediGrades: 9-12Distance: 0.5 mi







