148 29th St Brooklyn, NY 11232
Greenwood Heights NeighborhoodEstimated payment $9,605/month
Total Views
4,775
5
Beds
3
Baths
2,100
Sq Ft
$786
Price per Sq Ft
Highlights
- Wood Flooring
- 5-minute walk to 25 Street
- No Heating
- P.S. 172 Beacon School Of Excellence Rated A
- No HOA
About This Home
Rarely does a true 3-family property become available in the up-and-coming neighborhood of Greenwood Heights, offering spacious living and serene surroundings. Ideal for both end-users and investors, this property currently functions as an income-producing asset with three separate rental units. However, it presents the opportunity to easily convert into an owner's duplex with an income-generating unit on the ground floor.Situated on a 25x100 lot with an unused FAR of 2,905, this property boasts recent renovations throughout all units. The current layout includes a 2 bedroom/1 bath unit on the top floor, another 2 bedroom/1 bath unit on the second floor, and a 1 bedroom/1 bath unit on the ground floor. Each unit enjoys access to a well-maintained backyard through a private 5' alley running alongside the house.With separate mechanicals and grids for each unit, operational costs remain low, and ceiling heights exceed 9' in all units. Additionally, the property utilizes only .84 of its FAR, leaving ample room for expansion, with a maximum FAR of 1.65 for residential use or 2 for commercial use. There's even potential to expand each unit into a 3 bed/2 bath configuration.Conveniently located just minutes away from transportation options such as the R at 25th Street or the express N and D at 36th Street, as well as Industry City, a prominent manufacturing coworking and retail space in Brooklyn. Residents can also enjoy proximity to Greenwood Park, a popular 13,000-square-foot beer garden with bocce courts and seasonal menus.Furthermore, the area is undergoing significant development with numerous high-profile condo and commercial projects slated for 4th Avenue and 5th Avenue. Whether you're seeking a promising investment opportunity or more living space, this property is not to be overlooked.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,592
Year Built
- Built in 1934
Lot Details
- Lot Dimensions are 25.000000x100.170000
Home Design
- Triplex
Interior Spaces
- 2,100 Sq Ft Home
- 3-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 3 Units
- Greenwood Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 26 / 00668
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,597 | $93,720 | $16,980 | $76,740 |
| 2024 | $5,597 | $74,040 | $16,980 | $57,060 |
| 2023 | $5,660 | $90,840 | $16,980 | $73,860 |
| 2022 | $5,431 | $79,020 | $16,980 | $62,040 |
| 2021 | $5,491 | $69,360 | $16,980 | $52,380 |
| 2020 | $4,118 | $84,120 | $16,980 | $67,140 |
| 2019 | $4,858 | $70,560 | $16,980 | $53,580 |
| 2018 | $4,734 | $23,223 | $5,926 | $17,297 |
| 2017 | $4,621 | $22,670 | $5,672 | $16,998 |
| 2016 | $4,347 | $21,744 | $7,256 | $14,488 |
| 2015 | $2,360 | $20,514 | $7,709 | $12,805 |
| 2014 | $2,360 | $19,353 | $8,733 | $10,620 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | Off Market | $1,650,000 | -- | -- |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Off Market | $1,650,000 | -- | -- |
| 07/04/2025 07/04/25 | Pending | -- | -- | -- |
| 07/04/2025 07/04/25 | Off Market | $1,650,000 | -- | -- |
| 06/28/2025 06/28/25 | Pending | -- | -- | -- |
| 06/28/2025 06/28/25 | Off Market | $1,650,000 | -- | -- |
| 06/21/2025 06/21/25 | Pending | -- | -- | -- |
| 06/21/2025 06/21/25 | Off Market | $1,650,000 | -- | -- |
| 06/14/2025 06/14/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | Off Market | $1,650,000 | -- | -- |
| 06/03/2025 06/03/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | Off Market | $1,650,000 | -- | -- |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Off Market | $1,650,000 | -- | -- |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | Off Market | $1,650,000 | -- | -- |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Off Market | $1,650,000 | -- | -- |
| 05/03/2025 05/03/25 | Pending | -- | -- | -- |
| 05/03/2025 05/03/25 | Off Market | $1,650,000 | -- | -- |
| 04/26/2025 04/26/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | Off Market | $1,650,000 | -- | -- |
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | Off Market | $1,650,000 | -- | -- |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 04/12/2025 04/12/25 | Off Market | $1,650,000 | -- | -- |
| 04/05/2025 04/05/25 | Pending | -- | -- | -- |
| 04/05/2025 04/05/25 | Off Market | $1,650,000 | -- | -- |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | Off Market | $1,650,000 | -- | -- |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | Off Market | $1,650,000 | -- | -- |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Off Market | $1,650,000 | -- | -- |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | Off Market | $1,650,000 | -- | -- |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- |
| 02/23/2025 02/23/25 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $1,650,000 | -- | -- |
| 02/09/2025 02/09/25 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 02/03/2025 02/03/25 | Off Market | $1,650,000 | -- | -- |
| 01/26/2025 01/26/25 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 01/20/2025 01/20/25 | Off Market | $1,650,000 | -- | -- |
| 01/12/2025 01/12/25 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 01/06/2025 01/06/25 | Off Market | $1,650,000 | -- | -- |
| 12/29/2024 12/29/24 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 12/29/2024 12/29/24 | Off Market | $1,650,000 | -- | -- |
| 12/22/2024 12/22/24 | For Sale | $1,650,000 | 0.0% | $786 / Sq Ft |
| 12/16/2024 12/16/24 | Off Market | $1,650,000 | -- | -- |
| 03/05/2024 03/05/24 | For Sale | $1,650,000 | -- | $786 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $1,100,000 | -- | |
| Bargain Sale Deed | $219,000 | New York Title Research Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $825,000 | Purchase Money Mortgage | |
| Previous Owner | $220,200 | No Value Available | |
| Previous Owner | $362,000 | No Value Available | |
| Previous Owner | $38,160 | No Value Available | |
| Previous Owner | $17,072 | Unknown | |
| Previous Owner | $218,201 | FHA |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10942235
APN: 00668-0026
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