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MLS ID KEY993559Last updated May 8, 2026

Multi Family

2579 Cropsey Ave Cropsey Avenue

Active · Kings (Brooklyn), NY 11214

Asking price$2,999,999Request a Showing
Year built
1931
Est. monthly taxes
$2,076.83
Property gallery0 / 38
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About this home

Prime Mixed-Use Corner Property in Kings County – Exceptional Investment Opportunity Introducing a prime mixed-use corner property offering approximately 3,665 square feet of building space in a highly desirable Kings County 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 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 two spacious bedrooms, while the second apartment offers three bedrooms, an updated kitchen, beautiful hardwood floors, and access to a large private terrace, ideal for relaxing or entertaining outdoors. Additional highlights include a private driveway, a rare and valuable feature in this area, and a tremendous, immaculate unfinished basement that offers extensive storage capacity or potential for future expansion or customization. With its corner property exposure, mixed-use versatility, and prime Kings County positioning, this property presents an outstanding opportunity for investors or owner- operators seeking strong rental income, business continuity, and long-term appreciation. Key Features: Approx. 3,665 sq. ft. total building space Highly visible corner property in prime Kings County location Mixed-use property with strong income potential Two commercial storefronts including an established restaurant pizzeria and ice shop Two residential apartments: One 2-bedroom apartment One 3-bedroom apartment with updated kitchen, hardwood floors & large terrace Private driveway — valuable convenience feature Immaculate, expansive unfinished basement with significant potential Excellent accessibility and neighborhood exposure Strong cash flow demonstrating business profitability Dual revenue streams from both commercial and residential units Real estate ownership providing long-term investment security This turnkey opportunity represents a rare chance to acquire both income-producing commercial businesses and valuable mixed-use real estate in one transaction. Thecombination 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 the success of this well-established location while benefiting from ownership in a sought-after Kings County corridor. This exceptional opportunity combines a thriving 33-year-old restaurant / gourmet pizzeria with a thriving well known franchised ice store with valuable commercial real estate. Established in 1993, the restaurant has demonstrated remarkable longevity and stability in the competitive food service industry. •All major mechanicals less than 10 years -Roof -Steam Heating System -Plumbing System -Electrical System Investment highlights

Listing snapshot

Days on site
59 days
Listed on MLS
May 8, 2026
Annual property tax (MLS)
$24,922
Tax year
2026
Listing brokerage
S I Premiere Properties
MLS ID
KEY993559
Last updated
May 8, 2026

General features

Property type
Multi Family
Year built
1931
Parking
On Street
Water source
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Phone Connected, See Remarks

Interior features

Basement
Full
Heating
Hot Water
Cooling
Central Air
Flooring
Ceramic Tile

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school district
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Middle school district
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High school district
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School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Kings (Brooklyn), NY 11214Show interactive map
2579 Cropsey Ave Cropsey Avenue

Kings (Brooklyn), NY 11214

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Listing data is supplied by the MLS and may change without notice.