1589 Canarsie Rd
Listing Notes
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
Price in context
Cheaper than 37% of the 24 homes listed nearby right now, which run $475,000 to $1,199,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1400 E 98th St | $475,000 | Studio |
| 1625 E 96th St | $619,900 | 3 bd · 1 ba |
| 1535 E 98th St | $719,000 | 2 bd · 1 ba |
| 1541 E 95th St | $725,000 | 3 bd · 2 ba |
| 1541 E 95th St | $725,000 | 3 bd · 2 ba |
| 8911 Avenue M | $749,999 | 4 bd · 3 ba |
| 1546 Canarsie Rd | $750,000 | 3 bd · 2 ba |
| 1241 E 89th St | $750,000 | 5 bd · 2 ba |
| 9215 Avenue L | $775,000 | 6 bd · 2 ba |
| 1336 E 99th St | $779,000 | 4 bd · 2 ba |
| 1633 Canarsie Rd | $780,000 | 4 bd · 4 ba |
| 1633 Canarsie Rd | $780,000 | 4 bd · 4 ba |
| 8913 Avenue M | $795,000 | 4 bd · 2 ba |
| 1259 E 89th St | $799,000 | 4 bd · 3 ba |
| 1450 E 98th St | $825,000 | 3 bd · 4 ba |
| 9024 Avenue L | $850,000 | 5 bd · 2 ba |
| 1549 E 96th St | $949,000 | 3 bd · 2 ba |
| 1410 E 89th St | $989,000 | 4 bd · 4 ba |
| 1791 Rockaway Pkwy | $994,999 | 5 bd · 3 ba |
| 1440 E 91st St Unit 2 | $999,000 | 7 bd · 3 ba |
| 1438 E 95th St | $1,019,000 | 6 bd · 2 ba |
| 1828 Rockaway Pkwy Unit 2 | $1,050,000 | 3 bd · 3 ba |
| 9133 Avenue N | $1,170,000 | 5 bd · 3 ba |
| 1479 E 95th St | $1,199,000 | 6 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more