342 E 5th St Brooklyn, NY 11218
Kensington NeighborhoodEstimated payment $7,109/month
Highlights
- Colonial Architecture
- Property is near public transit, schools, and shops
- Formal Dining Room
- P.S. 130 - The Parkside School Rated A-
- High Ceiling
- Eat-In Kitchen
About This Home
Rare opportunity to restore a spacious 5-bedroom detached Colonial in the heart of Kensington. Ideally located just minutes from Prospect Park, neighborhood parks, shopping, dining, and public transportation, this property offers the perfect combination of location and potential.
In need of a complete renovation, this home is ideal for investors, contractors, or end users looking to customize a home to their own style and specifications.
The main level features a large eat-in kitchen, formal dining room, spacious living room, and an enclosed sunroom with access to the rear yard. The second floor offers three bedrooms and a full bath, while the third level includes two additional bedrooms. A full finished basement provides additional living or storage space.
The home is heated by gas; however, all utilities are currently off. With its desirable detached layout, generous size, and prime Kensington location, this property presents an exceptional opportunity to restore and create lasting value.
Listing Agent
Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401228160 Listed on: 07/01/2026
Co-Listing Agent
Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401244221
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,526
Year Built
- Built in 1920
Lot Details
- 2,300 Sq Ft Lot
- Lot Dimensions are 23 x 100
- Interior Lot
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- 1,983 Sq Ft Home
- 2-Story Property
- High Ceiling
- Entrance Foyer
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
Location
- Property is near public transit, schools, and shops
Schools
- Ps 130 Parkside Elementary School
- Brooklyn Collaborative Studies Middle School
- Brooklyn Frontiers High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 67 / 5337
- Assessor Parcel Number 05337-0067
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 | $7,187 | $104,940 | $21,960 | $82,980 |
| 2025 | $6,499 | $109,980 | $21,960 | $88,020 |
| 2024 | $6,499 | $86,880 | $21,960 | $64,920 |
| 2023 | $6,184 | $91,800 | $21,960 | $69,840 |
| 2022 | $6,071 | $75,120 | $21,960 | $53,160 |
| 2021 | $6,356 | $82,380 | $21,960 | $60,420 |
| 2019 | $5,592 | $65,880 | $21,960 | $43,920 |
| 2018 | $5,113 | $26,541 | $9,207 | $17,334 |
| 2017 | $5,111 | $26,541 | $8,136 | $18,405 |
| 2016 | $4,956 | $26,339 | $8,893 | $17,446 |
| 2015 | $2,800 | $24,849 | $11,801 | $13,048 |
| 2014 | $2,800 | $23,444 | $12,605 | $10,839 |
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 |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $1,200,000 | -- | $605 / Sq Ft |
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 1020705
APN: 05337-0067
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Based on information submitted to the MLS GRID
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