1022 Cortelyou Road

$3,500,000
Price
5
Beds
3,600 Sq. Ft.
$972 / Sq. Ft.
3,600
Sq. Ft.
$972
per Sq. Ft.

Description

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. Commercial space could be delivered vacant. Property Highlights: Ground floor: Home to Lea's,...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. Commercial space could be delivered vacant. Property Highlights: Ground floor: Home to Lea's, a beloved local restaurant. Basement: Rented by a bakery. Shed: Additional storage. 2nd floor: A spacious 2-bedroom apartment with a private terrace. 3rd floor: A large, sun-filled 3-bedroom unit. Recent Renovations: Both residential units and the commercial restaurant space have been recently updated, ensuring modern finishes and functionality throughout. 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. 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. 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. Contact us today for the building setup or to schedule a private viewing and explore the possibilities of this exceptional property.
  1. Listed by Dan Patsis • POLJAN PROPERTIES INC
    P: (718)-484-4776 C: (718)-484-4776 dan@poljanproperties.com
  2. Listed by Peter J Poljan • POLJAN PROPERTIES INC
    P: (718)-484-4776 C: (718)-484-4776 peter@poljanproperties.com

Amenities

  • Ground Floor
  • Private Terrace
  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Lowrise
  • No Pets
LISTING UPDATED: 03/09/2025 10:16 AM

Property Details for 1022 Cortelyou Road

StatusActive
MLS IDRLS11030391
Days on Market45
Taxes$1,868 / month
Maintenance-
Min. Down Pymt-
Total Rooms8.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1930
Lot Size2,600 SF / 22' x 121'
CountyKings County

Building

1022 Cortelyou Rd

4 Units3 StoriesBuilt in 1930

Building Information for 1022 Cortelyou Road

Stories3Residences4Year Built1930Lot Size2,600 SF / 22' x 121'Building Age-Building Type-

Property Information for 1022 Cortelyou Road

Summary
Location and General Information
  • Subdivision Name: Ditmas Park
  • Stories Total: 3
  • Garage Spaces: 0.0
  • View: No
  • Zoning Description: ,R4A
Taxes and HOA
  • Tax Lot: 0009
  • Tax Deduction Percent: .00%
  • Tax Block: 05153
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0009
  • Tax Monthly Amount: 1868.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 3600.0
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: RentalBuilding
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: WalkUp
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: Terrace
Interior Features
  • Entry Level: 3
  • Fireplace: No
  • Floor Number: 3
  • Basement: No
  • Cooling: No
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: None
  • Land Lease: No
  • Lease Type: StabilizedLease

Property History for 1022 Cortelyou Road

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1022 Cortelyou Road

Taxable ValueLand$70,200Additions$292,950Total$363,150
Tax Record2025$22,417 ($1,868 / month) Tax Class2ATax Rate12.5%
Home Facts
Total Finished SqFt3,600 SqFtLot Size2,601 SqFtYear Built1930ZoningR6AAPN3051530009

Schools near 1022 Cortelyou Road

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 139 Alexine A Fenty
PublicPK to 5

Jhs 62 Ditmas
Public6 to 8

Brooklyn College Academy
Public9 to 12

Middle 890
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1022 Cortelyou Road is a mixed use property for sale in Ditmas Park. This property was listed for sale on January 23, 2025 by POLJAN PROPERTIES INC, it's currently listed at $3,500,000. This listing's school district is Nyc Geog District #22 - Brooklyn. Nearby schools include P.S. 139 Alexine A Fenty, Jhs 62 Ditmas and Brooklyn College Academy. 1022 Cortelyou Road is a 5-bed, 2.5-bath, 3,600 sqft mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of POLJAN PROPERTIES INC

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.