For Sale · Listing by Douglas Elliman Real Estate
1118 CORTELYOU Road
Ditmas Park, Brooklyn
$2,850,000
1118 CORTELYOU Road
MLS® #RLS20122630
Listing by Douglas Elliman Real Estate
- 4
- Bedrooms
- 2.5
- Baths
- N/A
- Sq. Ft.
- 1930
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Other
- Character: Pre-war building (1930)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 25, 2026 | $2,850,000 | - |
| Currently | Oct 26, 2026 | $2,850,000 | - |
Description
A distinctive mixed-use opportunity in the heart of beloved Ditmas Park. 1118 Cortelyou Road is a three-story property offering an established and successful ground-floor business together with two spacious two-bedroom apartments, one on the second floor and one on the third. The combination creates an appealing investment with multiple income streams and the flexibility that comes with both commercial and residential space. What truly sets this property apart is its exceptional neighborhood setting. Ditmas Park is one of Brooklyn's most charming residential enclaves, celebrated for its leafy, tree-lined streets, grand historic homes, and strong sense of community. Just outside your door, Cortelyou Road provides the perfect urban counterpoint-a vibrant, walkable shopping and dining corridor filled with restaurants, cafés, bars, shops, local businesses, and neighborhood gathering places. The year-round Cortelyou Greenmarket adds another dimension to the neighborhood, while the surrounding blocks offer an eclectic mix of dining, shopping, entertainment, and everyday conveniences. The building and the ground-floor business are being offered together and may only be purchased as a package. Please inquire for additional information and specific details regarding the business, including its operations and financials. For an investor, entrepreneur, or owner looking for a property with character and income potential, 1118 Cortelyou Road offers an unusually compelling combination: an established commercial business, two residential apartments, and a location on one of Brooklyn's most vibrant neighborhood shopping streets-all in the wonderfully livable setting of Ditmas Park.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Ditmas Park
View All Ditmas Park ListingsDitmas Park is a landmarked Brooklyn neighborhood recognized for its freestanding Victorian, Colonial Revival, Tudor, and Craftsman homes set back from the street with porches and landscaped yards. The B and Q trains serve the neighborhood at Cortelyou Road, Beverley Road, Newkirk Plaza, and Avenue H stations, and Prospect Park's 526 acres of green space sit just to the northwest. The historic district encompasses roughly 2,000 residential buildings dating from 1902 to 1914, making it one of the city's best-preserved collections of early 20th-century residential architecture.
Ditmas Park Live Market Data
View NeighborhoodActive Listings
43
Median Asking Price
$695K
Median $/Sqft
$731
Avg Days on Market
N/A
New This Week
6
Price Reduced
16%
Sold (30 Days)
5
Median Sale Price
$699K
Live data from RLS at REBNY • Updated 10/25/26, 8:55 PM EST
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Location
1118 CORTELYOU Road, Ditmas Park, 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 annual property tax is $7,008, or roughly $584 per month. Verify the current assessment with your attorney before closing.
This property has 4 bedrooms and 2 full bathrooms and 2 half bathrooms.
According to MLS records, the building was constructed in 1930, making it approximately 96 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
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 Douglas Elliman Real Estate - Owen M Hill, Jr.
Listing Contact: (914) 426-0167
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 10/26/2026 at 12:55 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 1118 CORTELYOU Road
At $2,850,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$570,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$35,625
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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