316 E 26th St Brooklyn, NY 11226
Flatbush NeighborhoodEstimated payment $4,000/month
About This Home
Prime development opportunity in desirable Flatbush! This 20 x 100 lot is available for sale, with approved plans for a 6-family residential building already in place. Perfect for builders, developers, or investors looking to capitalize on the strong rental demand in this thriving Brooklyn neighborhood. The approved building plans feature a well-designed layout: • First Floor: Spacious 2-bedroom, 1.5-bath duplex apartment with den/playroom and private backyard access • Second Floor: 3-bedroom, 2-bath apartment with a private roof deck • Third & Fourth Floors: Four 1-bedroom, 1-bath apartments; rear units on each floor include private balconies • Cellar: Fully finished with laundry room; cellar extension and foundation have already been completed The property is ideally located just minutes from the #2 and #5 subway lines and the B41, B8, and B44 bus routes, offering easy access to all of Brooklyn and Manhattan. Enjoy proximity to Kings Theatre, Brooklyn College, Flatbush Junction, and popular shopping and dining along Flatbush and Nostrand Avenues. This is a rare opportunity to invest in a high-demand neighborhood with approved development plans already in place. Don’t miss out on this exciting investment opportunity — Owner will consider all reasonable offers!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,762
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Parking
- On-Street Parking
Home Design
- 5,558 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Community Details
- 6 Units
Listing and Financial Details
- Tax Block 5191
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $4,762 | $211,950 | $85,500 | $126,450 |
| 2024 | $4,762 | $211,950 | $85,500 | $126,450 |
| 2023 | $4,410 | $196,650 | $85,500 | $111,150 |
| 2022 | $3,996 | $193,050 | $85,500 | $107,550 |
| 2021 | $3,709 | $181,350 | $85,500 | $95,850 |
| 2019 | $4,405 | $36,360 | $16,080 | $20,280 |
| 2018 | $4,050 | $19,867 | $6,706 | $13,161 |
| 2017 | $3,808 | $18,744 | $7,588 | $11,156 |
| 2016 | $3,123 | $18,727 | $10,242 | $8,485 |
| 2015 | $1,694 | $18,600 | $11,426 | $7,174 |
| 2014 | $1,694 | $17,548 | $9,164 | $8,384 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Price Changed | $669,000 | -4.3% | $120 / Sq Ft |
| 01/07/2026 01/07/26 | Price Changed | $699,000 | -3.7% | $126 / Sq Ft |
| 10/30/2025 10/30/25 | For Sale | $726,000 | -- | $131 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 497016
APN: 05191-0013
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Ask me questions while you tour the home.