$1,070,000

Estimated payment $6,231/month

Total Views 4,067
7 Beds
3 Baths
2,900 Sq Ft
$369 Price per Sq Ft

About This Home

CALLING ALL INVESTORS - Outstanding Investment Opportunity

This classic red brick multi-family home offers exceptional value and immediate upside, located just one block from the C train at Shepherd Avenue and within a half-mile of the J, A, and 3 subway lines—providing fast, easy access to Manhattan and the rest of the city.

Currently configured as two spacious rental units, both fully occupied with excellent tenants. The property spans 2,900 square feet and includes seven total bedrooms and three full bathrooms, all within a beautifully maintained Colonial-style brick building. The home features hardwood floors throughout, natural gas steam heating, and excellent light and space.

The first-floor apartment spans over ~1,000 square feet and features a charming railroad-style layout with three bedrooms. The large, separate kitchen is equipped with granite countertops, ivory wood cabinetry, a stainless steel refrigerator, and a stove with oven/range. The marble-tiled bathroom and oversized windows flood the unit with natural light, adding to its warmth and appeal.

The second-floor apartment is a very spacious ~1000 square foot four-bedroom, one-bathroom home with excellent storage throughout, including a walk-in closet off the primary bedroom. This unit features hardwood flooring, central heating, and a modern open-concept kitchen and living room layout. The kitchen is fitted with stainless steel appliances and generous counter and cabinet space, ideal for comfortable everyday living.

Set on a 20' x 100' lot, this fully attached home is perfect for investors seeking reliable income with growth potential, or homeowners looking to live in one unit while earning rental income from the others.

In mint condition, this is a turn-key property with long-term value, with DOB-approved plans in place to convert the finished basement (another ~1000 sq ft) into a legal third unit, this property is primed for expansion. All city approvals have been secured, allowing construction to begin right away.

Investors only. Units are both currently occupied with tenants on long-term leases.

Listing Agent

Alex Mahgoub

Compass License #10301209001 Listed on: 05/31/2025

Compass

Co-Listing Agent

Martin Eiden

Compass License #10301206241

Co-Listing Agent

Malcolm Adams

Compass License #10301212117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.000000x100.000000

Home Design

  • Duplex

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units
  • East New York Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 04019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: East New York
  • Entry Level: 1
  • Structure Type: Duplex, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Living Area: 2900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 14

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 04019
  • Tax Lot: 6
  • Tax Annual: 3720.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,720 $56,040 $10,080 $45,960
2024 $3,720 $49,221 $10,080 $39,141
2023 $2,539 $43,920 $10,080 $33,840
2022 $2,360 $47,940 $10,080 $37,860
2021 $2,352 $43,980 $10,080 $33,900
2020 $1,168 $40,860 $10,080 $30,780
2019 $2,304 $44,040 $10,080 $33,960
2018 $2,124 $10,419 $3,334 $7,085
2017 $2,008 $9,852 $2,929 $6,923
2016 $1,862 $9,313 $3,239 $6,074
2015 $1,121 $9,304 $3,348 $5,956
2014 $1,121 $9,180 $3,963 $5,217
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $1,070,000 0.0% $369 / Sq Ft
07/25/2025 07/25/25 Off Market $1,070,000 -- --
07/10/2025 07/10/25 For Sale $1,070,000 0.0% $369 / Sq Ft
07/10/2025 07/10/25 Off Market $1,070,000 -- --
07/03/2025 07/03/25 For Sale $1,070,000 0.0% $369 / Sq Ft
07/03/2025 07/03/25 Off Market $1,070,000 -- --
06/26/2025 06/26/25 For Sale $1,070,000 0.0% $369 / Sq Ft
06/26/2025 06/26/25 Off Market $1,070,000 -- --
06/13/2025 06/13/25 For Sale $1,070,000 0.0% $369 / Sq Ft
06/13/2025 06/13/25 Off Market $1,070,000 -- --
05/31/2025 05/31/25 For Sale $1,070,000 +32.1% $369 / Sq Ft
12/10/2024 12/10/24 Off Market $810,000 -- --
08/27/2019 08/27/19 Sold $810,000 +1.5% $420 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $798,000 -- $414 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $810,000 --
Deed $810,000 --
Deed $303,000 --
Deed $303,000 --
Deed $542,500 --
Deed $542,500 --
Deed $205,000 --
Deed $205,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,991 Unknown
Previous Owner $793,650 Purchase Money Mortgage
Previous Owner $340,000 New Conventional
Previous Owner $108,500 No Value Available
Previous Owner $434,000 Purchase Money Mortgage
Previous Owner $108,500 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Similar Homes in the area

  • 48 van Siclen Ave, Brooklyn, NY 11207

    $1,100,000

    • 6 Beds
    • 2 Baths
    • 48 van Siclen Ave
    • Brooklyn, NY

    Welcome to 48 Van Siclen Avenue, Brooklyn! This updated legal multi-family brick property stands out as one of a kind in the area. Featuring spacious apartments, each with three bedrooms and one bathroom, it’s perfect for both investors seeking strong rental income and first-time homebuyers looking to offset their mortgage. Enjoy the convenience of a full-finished high-ceiling basement, providing

    Carmen Lopez SkyLimit Realty Group

    Section Image
  • 830 Hendrix St, Brooklyn, NY 11207

    $1,200,000

    • 9 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • 830 Hendrix St
    • Brooklyn, NY

    magnificent legal 3 family brand new construction home huge rooms full basement corner brick property . each apartment has its own gas and electric meter all are 3 bedroom 1 bath apartments with large windows and balconies. each having its own heating system, Additional information: Appearance:diamond

    Cheryl Rosenthal Realty Trends Corp

    Section Image
  • 407 Eldert Ln, Brooklyn, NY 11208

    $1,200,000

    • 6 Beds
    • 2 Baths
    • 2,128 Sq Ft
    • 407 Eldert Ln
    • Brooklyn, NY

    Excellent Two Family Brick Row House Located near Atlantic Ave in Brooklyn, featuring 3 Bed, 1 Bath unit on 1st fl, 3 Bed, 1 Bath unit on 2nd fl and a Full finished Basement with separate outside entrance and a Bath. Currently, tenant occupied. House will be delivered vacant. Great Location! Walking distance to Buses, and all community amenities.

    Mohammed Karim Exit Realty Prime

    Section Image
  • 1472 Blake Ave, Brooklyn, NY 11208

    $999,000

    • 6 Beds
    • 4 Baths
    • 2,900 Sq Ft
    • 1472 Blake Ave
    • Brooklyn, NY

    BRAND NEW PRE CONSTRUCTION HOME . CONSTRUCTION STARTED TO BE COMPLETED APROX. DEC 2023 HUGE LEGAL 2 FAMILY CUSTOM HOME. EACH APARTMENT HAVING 3 BEDROOMS 2 BATHS IN EACH UNIT STUNNING CHEFS KITCHENS AND FULL WALK OUT UNFINISHED BASEMENT. PRIVATE DRIVEWAY TIME TO PICK YOUR DESIGNS AND COLORS NOW. RARE OPPORTUNITY TO BUY A PRE CONSTRUCTION CUSTOM HOME IN BROOKLYN. CLOSE TO TRAINS , BUS,

    Cheryl Rosenthal Realty Trends Corp

    Section Image
  • 74-25 93rd Ave, Woodhaven, NY 11421

    $998,000

    • 5 Beds
    • 2 Baths
    • 1,214 Sq Ft
    • 74-25 93rd Ave
    • Woodhaven, NY

    Spacious and versatile property featuring 5 bedrooms, bright living areas, and a full basement. Perfect for investment or extended family use. Located near schools, shops, and transportation.

    Carmen Lopez SkyLimit Realty Group

    Section Image
  • 412 Newport St, Brooklyn, NY 11207

    $950,000

    • 5 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 412 Newport St
    • Brooklyn, NY

    Welcome to this beautifully maintained two-family home, offering a perfect blend of comfort, functionality, and modern amenities. Situated in the vibrant East New York neighborhood, this property is ideal for homeowners seeking additional rental income or investors looking for a valuable asset.Unit 1: This spacious unit features 2 bedrooms and 2 full bathrooms, providing ample space for

    Elvis Gonzalez Fave Realty Inc

    Section Image
  • 1509 Eastern Pkwy, Brooklyn, NY 11233

    $999,000

    • 9 Beds
    • 3 Baths
    • 1509 Eastern Pkwy
    • Brooklyn, NY

    DISTRESSED PROPERTY: 1509 EASTERN PARKWAY CROWN HEIGHTS 3-STORY 3 UNITS SOLD AS-IS OCCUPIED NO ACCESS FOR SALE $999,000 Three Families (C0) Square feet 4,290 Building dimensions 22 ft x 65 ft Buildings on lot 1 Stories 3 Roof height 36 ft Year built 1910 Lot Sq. Ft. 2,555 Lot dimensions 22 ft x 95 ft Ground elevation 67 ft Corner

    Anthony Morris Corcoran Group

    Section Image
  • 982 E 106th St, Brooklyn, NY 11236

    $1,189,000

    • 5 Beds
    • 3 Baths
    • 2,000 Sq Ft
    • 982 E 106th St
    • Brooklyn, NY

    Turnkey 2-Family with Mother-Daughter Layout — Fully Renovated!Stunning two-family home offering a perfect blend of modern design and functionality. Each unit features a vibrant, open layout with high-end finishes throughout. Both units offer eat-in kitchens with quartz countertops, designer backsplashes, porcelain tile flooring, and stainless steel appliances. All bathrooms are fully

    Steven Benshabat Exit Realty First Choice

    Section Image
  • 10529 Flatlands 4th St, Brooklyn, NY 11236

    $959,000

    • 5 Beds
    • 3 Baths
    • 2,200 Sq Ft
    • 10529 Flatlands 4th St
    • Brooklyn, NY

    Welcome to a stunning two-family brick home in a fantastic neighborhood!? Features Include:• 6 Rooms / 3 Bedrooms Over 5 Rooms / 2 Bedrooms• Formal Dining Rooms in Both Units• Modern Finishes Throughout• Gleaming Hardwood Floors• Charming Front Terrace• Semi-Finished Basement• Private Parking for 2 Cars or Transform it into a Backyard Oasis• Prime Location — Close to Shopping, Transportation &

    Joseph DeVito BHHS Fillmore R.E.

    Section Image

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027855

Real Estate Board of New York (REBNY)

APN: 04019-0006