175 Chestnut St Brooklyn, NY 11208
Cypress Hills NeighborhoodEstimated payment $7,569/month
Highlights
- Wood Flooring
- Baseboard Heating
- Back Yard
About This Home
Welcome to 175 Chestnut Street, a rare fully vacant 3-family brick property in the heart of Cypress Hills, Brooklyn. Situated on a 20’ x 100’ lot, this exceptional income-producing property offers outstanding potential for investors, developers, or owner-occupants seeking space, flexibility, and long-term value. The building features three spacious residential units consisting of one 2-bedroom apartment and two 3-bedroom apartments, plus a finished basement offering an additional 2 rooms and 1 bathroom, bringing the property to a total of 5 bedrooms and 3 bathrooms. Each apartment offers generous room sizes and flexible layouts, while the finished basement provides additional space, recreation, storage, or workspace possibilities. The ground level also enjoys access to a private rear yard, perfect for outdoor enjoyment. Additional features include solid brick construction, hardwood, tile and carpet flooring, gas baseboard heat, 220-volt electric service, refrigerator and stove appliances, asphalt/flat roof, and low annual taxes of only $8,045. Delivered completely vacant at closing, the new owner will have the freedom to select tenants, renovate to maximize value, or occupy one unit while generating income from the others. Conveniently located near Fulton Street, public transportation, shopping, restaurants, schools, parks, and neighborhood amenities. This is a rare opportunity to acquire a large multi-family property in one of Brooklyn’s growing neighborhoods. Schedule your private showing today. Property Highlights ? Fully Vacant 3-Family Brick Property
? 10 Bedrooms Total
? 5 Full Bathrooms + 1 Half Bath
? Finished Basement with 2 extra rooms & 1 Bath
? Private Backyard
? 20 x 100 Lot (2,000 SF)
? Gas Baseboard Heat
? 220V Electric Service
? Annual Taxes: $8,045
? Prime Cypress Hills Location
? Near Fulton Street & Public Transportation
MLS Approve-No Financial provide due to property being vacant.ded
Open House Schedule
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Sunday, August 9, 202612:00 to 3:00 pm8/9/2026 12:00:00 PM +00:008/9/2026 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,045
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
Flooring
- Wood
- Tile
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Stove
- Basement Fills Entire Space Under The House
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 4128
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $8,045 | $74,040 | $18,780 | $55,260 |
| 2025 | $7,599 | $59,160 | $18,780 | $40,380 |
| 2024 | $7,599 | $59,400 | $18,780 | $40,620 |
| 2023 | $7,611 | $64,680 | $18,780 | $45,900 |
| 2022 | $7,059 | $66,060 | $18,780 | $47,280 |
| 2021 | $7,027 | $59,640 | $18,780 | $40,860 |
| 2020 | $3,492 | $46,980 | $18,780 | $28,200 |
| 2019 | $6,596 | $46,980 | $18,780 | $28,200 |
| 2018 | $6,366 | $31,230 | $13,614 | $17,616 |
| 2017 | $6,007 | $29,467 | $14,189 | $15,278 |
| 2016 | $5,562 | $27,825 | $16,621 | $11,204 |
| 2015 | $3,353 | $27,817 | $20,466 | $7,351 |
| 2014 | $3,353 | $26,275 | $16,839 | $9,436 |
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 |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | For Sale | $1,300,000 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $167,169 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 503530
APN: 04128-0013
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Ask me questions while you tour the home.