1551 39th St Brooklyn, NY 11218
Borough Park NeighborhoodEstimated payment $14,382/month
Highlights
- Wood Flooring
- 4-minute walk to Ditmas Avenue
- Heating System Uses Steam
- P.S. 164 Caesar Rodney School Rated A
- Multiple cooling system units
- 2-minute walk to Dome Playground
About This Home
Fantastic Four-Family Home – Borough Park/Kensington
Located in a highly desirable neighborhood with great potential for income and future development. This property offers three spacious 2-bedroom units with kitchens and dining rooms, plus one 1-bedroom unit with a kitchen and dining room. Features a finished basement. Good condition.
Lot size: 20' x 100' | Building: 20' x 80' | Zoned R6. Perfect for investors, developers, or end-users.
The neighboring four-family property is also for sale — same configuration and zoning. Opportunity to purchase individually or together as a package deal.
Great value in a sought-after Borough Park location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,787
Year Built
- Built in 1930
Lot Details
- 1,903 Sq Ft Lot
- Lot Dimensions are 95 x 20
- Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 5 Full Bathrooms
- 3,256 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Stove
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Block 5366
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $2,900
- Insurance Expense $2,000
- Utility Expense $1,250
- Gross Income $86,400
- Net Operating Income $63,563
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $2,500,000 | -- | $768 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 491025
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Ask me questions while you tour the home.