$1,300,000
OPEN SUN 12PM - 3PM

Estimated payment $7,569/month

-- Bed
4.5 Baths
-- Sq Ft
-- Price per Sq Ft

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

Listing Agent

Carole Delille

Real Broker NY LLC Listed on: 08/05/2026

Co-Listing Agent

Mina Abusafe

Real Broker NY LLC

Open House Schedule

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,045

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Co List Office Mls Id: 119730
  • Co List Office Phone: (718) 256-4000
  • Confirmed By M L S Y N: Yes
  • Cross Street: Fulton Street
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard, Other
  • Number Of Families: 3
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Street Name I D X: Chestnut
  • Special Features: OpenHouse

Interior Features

  • Basement Full Bathrooms: 4
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Other
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Slab Concrete, Other
  • Lot Number: 13
  • Roof: Flat, Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas, Other
  • Hot Water: Gas, Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 8045.00

Multi Family

  • Unit Count: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Brooklyn Board of REALTORS®

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 -- --
Source: Public Records

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: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 503530

Brooklyn Board of REALTORS®

APN: 04128-0013

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