1551 39th St Brooklyn, NY 11218
Borough Park NeighborhoodEstimated payment $14,788/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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Ask me questions while you tour the home.