124 Martense St Brooklyn, NY 11226
Flatbush Neighborhood
6
Beds
3
Baths
2,400
Sq Ft
2,352
Sq Ft Lot
Highlights
- Wood Flooring
- Built-In Features
- No Heating
- High Ceiling
- Crown Molding
About This Home
Finally, a Two Family with exceptional Upside in Prime PLG/Flatbush Border. Welcome to 124 Martense Street, a classic 20' x 55' two-family barrel front townhouse located at the crossroads of Flatbush and Prospect Lefferts Gardens.
The two family, 20 ft x 55 ft home is rich in period details. Inside you'll find stunning inlaid hardwood floors, ornate Victorian mantels, a grand pier mirror, and intricate original woodwork,. All of these rare architectural touches speak to the home’s history. While the property requires TLC, these preserved elements offer an incredible starting point for restoration or conversion.
Set on a 20.33 ft x 117.83 ft lot and zoned R7-1 with a residential FAR of 3.44, this property offers a tremendous development opportunity with 5,782 square feet of unused buildable, allowing for a maximum usable floor area of 8,118 square feet. Whether you're a developer seeking your next project or an end-user with vision, the potential here is undeniable. Each floor can be its own rentable unit or you can combine the first and second floors into a spacious grand one family home.
Located on a charming, tree-lined block near the heart of PLG, you are close to Prospect Park and the B/Q trains.
Lot Size: 2,360 SF (20.33' x 117.83')
Zoning: R7-1 / Residential FAR 3.44
Max Buildable: 8,118 SF
Unused Buildable: 5,782 SF
End-users, investors, and developers—bring your architect and vision. This is a rare chance to transform a historic home with architectural pedigree or build new on a generously zoned lot in one of Brooklyn’s most dynamic neighborhoods.
Cash offers preferred. Shown by appointment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,776
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 20.330000x117.830000
Home Design
- Duplex
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- High Ceiling
- Decorative Fireplace
- Laundry in unit
Flooring
- Wood
- Parquet
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- 2 Units
- Flatbush Subdivision
Listing and Financial Details
- Legal Lot and Block 21 / 05090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2022
Sold by
Moses Ugy
Bought by
Moses Joann and Moses Ugy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | Pending | -- | -- | -- |
| 07/26/2025 07/26/25 | Off Market | $1,085,000 | -- | -- |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 07/19/2025 07/19/25 | Off Market | $1,085,000 | -- | -- |
| 07/12/2025 07/12/25 | Pending | -- | -- | -- |
| 07/12/2025 07/12/25 | Off Market | $1,085,000 | -- | -- |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 07/05/2025 07/05/25 | Off Market | $1,085,000 | -- | -- |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Off Market | $1,085,000 | -- | -- |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | Off Market | $1,085,000 | -- | -- |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | Off Market | $1,085,000 | -- | -- |
| 06/05/2025 06/05/25 | For Sale | $1,085,000 | 0.0% | $452 / Sq Ft |
| 06/05/2025 06/05/25 | Off Market | $1,085,000 | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,085,000 | 0.0% | $452 / Sq Ft |
| 05/29/2025 05/29/25 | Off Market | $1,085,000 | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $1,085,000 | -- | $452 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,023 | $72,360 | $21,600 | $50,760 |
| 2024 | $7,023 | $82,380 | $21,600 | $60,780 |
| 2023 | $6,770 | $72,540 | $21,600 | $50,940 |
| 2022 | $2,766 | $78,060 | $21,600 | $56,460 |
| 2021 | $2,752 | $82,680 | $21,600 | $61,080 |
| 2020 | $2,752 | $71,280 | $21,600 | $49,680 |
| 2019 | $2,720 | $63,060 | $21,600 | $41,460 |
| 2018 | $2,448 | $30,484 | $12,775 | $17,709 |
| 2017 | $2,288 | $28,782 | $12,776 | $16,006 |
| 2016 | $2,095 | $27,169 | $15,094 | $12,075 |
| 2015 | $1,199 | $27,169 | $13,653 | $13,516 |
| 2014 | $1,199 | $26,922 | $15,652 | $11,270 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Ronit Abraham
Compass
(917) 572-2583
1 in this area
35 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20025368
APN: 05090-0021
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