140 Jamaica Avenue, Brooklyn, NY 11207 - Photo 1

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$1,599,000 Just Listed

For Sale
Active
Commercial
Updated 8 hours ago

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Property Description

Great Investment Opportunity! Solidly built in 2009 with steel fabrication, brick, and block construction. This impressive mixed-use property features two commercial spaces on the first floor, offering excellent income potential. The huge open basement boasts 10-foot ceilings, an outside separate entrance (OSE), and endless possibilities for use or expansion. A private driveway adds rare convenience and value. The second floor offers two residential units: one 3-bedroom and one 2-bedroom apartment, ideal for rental income or owner occupancy. A truly remarkable structure, designed to accommodate an additional floor if desired, making this a smart long-term investment with room to grow.

Full Property Details

Full Property Details for 140 Jamaica Ave

General

Price: $1,599,000
Taxes: $7,176
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 956040
Updated: 1/29/2026
Added to Site: 1 day(s) ago

Parking

Parking Features: Driveway

Location

County: Kings (Brooklyn)

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Hot Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected

Structural Information

Detached/Attached: Detached
Construction: Block, Brick
Basement: Yes
Basement Desc.: Finished, See Remarks, Walk-Out Access
Building Size: 3730
Square Feet: 3,730
Year Built: 2009

Financial Considerations

Tax Amount: $7,176

Disclosures and Reports

Special Conditions: None
Property ID: 36620026

Listed by Elite Realty of USA Inc

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— 140 Jamaica Ave —

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718-551-9800

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Schools

Schools serving 140 Jamaica Ave

School District:New York City Geographic School District 19

Name	Grades	Distance
Ps 290 Juan Morel Campos 135 Schenck Avenue, Brooklyn, NY 11207	K-5	0.3 mi
Liberty Avenue Middle School 350 Linwood Street, Brooklyn, NY 11208	6-8	0.6 mi
Vista Academy 350 Linwood Street, Brooklyn, NY 11208	6-8	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 140 Jamaica Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/28/2026

Listed

$1,599,000

699.5%

MLS

3/22/2007

Sold

$200,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 140 Jamaica Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,119

2%

$173,700

21%

2024

$7,007

-11%

$143,550

-19%

2023

$7,843

-37%

$177,750

-20%

2022

$12,482

-34%

$220,950

15%

2021

$18,821

32%

$191,700

-25%

2020

$14,251

4%

$254,700

2%

2019

$13,751

29%

$249,750

5%

2017

$10,632

—

$238,500

27%

2017

$10,632

20%

$188,100

—

2016

$8,881

25%

$187,200

3%

2015

$7,130

-2%

$182,250

11%

2014

$7,279

7%

$164,700

252%

2013

$6,806

—

$46,740

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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140 Jamaica Avenue, Brooklyn, NY 11207 (MLS# 956040) is a Commercial property. 140 Jamaica Avenue is currently listed for $1,599,000 and was received on January 28, 2026. Want to learn more about 140 Jamaica Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

140 Jamaica Ave Brooklyn, NY 11207