# 89 Luquer Street, Brooklyn, NY 11231

> **TL;DR:** 0bd/8ba commercial, $3,500,000 ($700/sqft), built 1900, 5,000 sqft. Est. $18,719/mo. Listed 145 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,500,000 |
| Price/sqft | $700 |
| Bathrooms | 8 full |
| Square Feet | 5,000 |
| Year Built | 1900 |
| Lot Size | 2,500 sqft (0.06 acres) |
| Stories | 4 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 145 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $17,698 |
| Estimated Insurance | $1,021 |
| **Total** | **$18,719** |

## Property Highlights

- Built in 1900
- 0.06 acre lot
- 4 stories

## Description

### Agent Description
Please reach out for income & expenses set up Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25' x 100' lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify). Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders. Annual property taxes are approximately $15,324, contributing to a favorable operating profile. Situated in one of Brooklyn's most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope. Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.

## Location

- **Address:** 89 Luquer Street, Brooklyn, NY 11231
- **County:** Kings
- **Neighborhood:** Carroll Gardens
- **Coordinates:** 40.678182, -74.001631
- **Google Maps:** https://www.google.com/maps?q=40.678182,-74.001631

## Listing Agent

- **Name:** Francesco Galeano
- **Brokerage:** FRANK GALEANO LICENSED REAL ESTATE BROKER INC
- **Broker Phone:** 718-596-9545

## Photos

![89 Luquer Street - Photo 1](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f79211942r.jpg)

![89 Luquer Street - Photo 2](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f1410660317r.jpg)

![89 Luquer Street - Photo 3](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f2518861199r.jpg)

![89 Luquer Street - Photo 4](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f2291254242r.jpg)

![89 Luquer Street - Photo 5](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f1388383054r.jpg)

![89 Luquer Street - Photo 6](http://lh.rdcpix.com/c3a627d057a5f33b4514e04869362345l-f2015507564r.jpg)

---

**MLS#:** 11874756 | **Updated:** 2026-10-21
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/89-luquer-street-brooklyn-ny-11231-f3b06220cbf4422686c2ada5f4e24946)

---

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