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Pending · Listing by Compass
1589 Canarsie Road
Canarsie, Brooklyn
$850,000
1589 Canarsie Road
MLS® #RLS20078055
Listing by Compass
- 2
- Bedrooms
- 2
- Baths
- 2,000
- Sq. Ft.
- 1901
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1901)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 18, 2026 | $850,000 | - |
| Currently | Oct 15, 2026 | $850,000 | - |
Description
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
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Canarsie
View All Canarsie ListingsCanarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.
Canarsie Live Market Data
View NeighborhoodActive Listings
22
Median Asking Price
$925K
Median $/Sqft
$449
Avg Days on Market
N/A
New This Week
0
Price Reduced
32%
Sold (30 Days)
0
Median Sale Price
$750K
Live data from RLS at REBNY • Updated 10/15/26, 12:36 PM EST
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Location
1589 Canarsie Road, Canarsie, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $5,164.92, or roughly $430 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1901, making it approximately 125 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $850,000 for 2,000 sq ft, the asking price per square foot is approximately $425. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Claudette Rolling
Listing Contact: (908) 659-8285
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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/15/2026 at 4:36 PM UTC
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- 3The agreement arrives electronically after the call. Then showings.
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Quick Facts
Monthly Costs Estimate
$170,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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