361 Chestnut Ct Brooklyn, NY 11208
East New York NeighborhoodEstimated payment $7,050/month
Total Views
2,668
5
Beds
3
Baths
1,680
Sq Ft
$714
Price per Sq Ft
Highlights
- Marble Flooring
- Side Yard
- Heating System Uses Steam
- Fenced Yard
- Multiple cooling system units
- 1-minute walk to City Line Park
About This Home
We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential.
Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors.
The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,835
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 65 x 25
- Fenced Yard
- Partially Fenced Property
- Irregular Lot
- Side Yard
Parking
- 3 Parking Spaces
Home Design
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Siding
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
Listing and Financial Details
- Tax Block 4157
Community Details
Building Details
- Fuel Expense $1,500
- Insurance Expense $1,800
- Utility Expense $1,300
- Gross Income $84,000
Additional Features
- 3 Units
- Laundry Facilities
Map
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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 | $4,835 | $53,880 | $6,420 | $47,460 |
| 2024 | $4,835 | $47,820 | $6,420 | $41,400 |
| 2023 | $4,839 | $48,900 | $6,420 | $42,480 |
| 2022 | $4,492 | $41,100 | $6,420 | $34,680 |
| 2021 | $4,471 | $44,640 | $6,420 | $38,220 |
| 2020 | $4,471 | $43,740 | $6,420 | $37,320 |
| 2019 | $4,197 | $41,460 | $6,420 | $35,040 |
| 2018 | $4,047 | $19,855 | $3,013 | $16,842 |
| 2017 | $3,822 | $18,750 | $3,708 | $15,042 |
| 2016 | $3,539 | $17,704 | $4,375 | $13,329 |
| 2015 | $2,133 | $17,690 | $5,732 | $11,958 |
| 2014 | $2,133 | $16,719 | $4,922 | $11,797 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Off Market | $1,200,000 | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $1,200,000 | -- | $714 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Similar Homes in the area
Source: Brooklyn Board of REALTORS®
MLS Number: 487173
APN: 04157-0052
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