$1,199,000
PENDING

Estimated payment $7,408/month

Total Views 1,509
7 Beds
4 Baths
3,198 Sq Ft
$375 Price per Sq Ft

Highlights

  • Wood Flooring
  • 5-minute walk to Saratoga Avenue
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

Incredible Investment Opportunity in the Heart of Brownsville! Priced to sell!

Welcome to an exciting multi-family opportunity in one of Brooklyn’s fastest-growing neighborhoods. Whether you're an investor seeking strong rental income or a savvy buyer looking for a value-packed primary residence, this property has it all.

With aprox 3,198 sq ft of living space, this spacious building offers four rental units totaling 7 generously sized bedrooms 3 dining areas and 4 bathrooms. With a little TLC, it has the potential to shine even brighter. The layout includes a cozy 1-bedroom unit at the front with office space or child room in the front, a charming 2-bedroom unit just behind 1R with a dining area, and two additional 2-bedroom units —each full of character and potential. Three units (a 1-bedroom and two 2-bedroom) will be delivered vacant, perfect for immediate rental or owner occupancy.

Additional features include original hardwood floors throughout, a 6-month-old boiler and approximately 6-year-old hot water tank, a shared driveway, a rare 2-car garage (a true Brooklyn luxury), and a basement with both front and rear access.

Ideally located near Brookdale University Hospital and just minutes from vibrant Pitkin Avenue, with plenty of shops, restaurants, and services. Public transportation is easily accessible with the 3, L trains and B15/B35 buses nearby.

Don’t miss this rare opportunity to own a piece of Brooklyn, generate rental income, and build long-term equity in a thriving neighborhood. Schedule your showing today!

Listing Agent

Pamela Bostmincey

RE/MAX Real Estate Professionals License #10301204250 Listed on: 07/11/2025

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,649

Year Built

  • Built in 1930

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 110 x 25

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4652

Community Details

Overview

  • 4 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $5,880
  • Insurance Expense $3,720
  • Utility Expense $660
  • Gross Income $105,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,649

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Beds Total Level1: 3
  • Beds Total Level2: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1638
  • Building Length: 78.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Cross Street Name2: Lenox Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Available Units: 2
  • Number Of Families: 4
  • Parking Attributes: 2 Spaces, Detached Garage, Other
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level1: 7
  • Rooms Total Level2: 8
  • Fill Sq Ft Total: 3198
  • Building Stories: 2
  • Street Name I D X: Rockaway
  • Street Number I D X: 309
  • Building Style: Other
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2750
  • Total Rooms: 15

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 57
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5880.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 110
  • Lot Size Width: 25
  • Zoning: R6

Rental Info

  • Rent Income: 8750

Multi Family

  • Annual Gross Expense: 10540.00
  • Annual Gross Income: 105000
  • Insurance Expense: 3720.00
  • Unit Count: 4
  • Annual Utility Expenses: 660.00

Tax Info

  • Flip Tax Amount: 10649.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $1,199,000 -7.7% $375 / Sq Ft
07/11/2025 07/11/25 For Sale $1,299,000 +81087.5% $406 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
01/24/2018 01/24/18 Rented $1,600 0.0% --
01/09/2018 01/09/18 Under Contract -- -- --
01/09/2018 01/09/18 For Rent $1,600 -- --
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 493071

Brooklyn Board of REALTORS®

APN: 04652-0057