568 Drew St Brooklyn, NY 11208
East New York NeighborhoodEstimated payment $6,777/month
Highlights
- Open Floorplan
- 3-minute walk to Grant Avenue
- Storage
- Property is near public transit, schools, and shops
- Double Pane Windows
- Ceramic Tile Flooring
About This Home
**Investor Opportunity – Income-Producing Property (Subject to Court Approval)** Strong value-add opportunity for investors seeking a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion. All property details are subject to independent verification by the buyer and their representative.
**Sale is contingent upon third-party court approval (not a short sale).** **Property Layout:** * **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom
* **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom
* **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom **Investment Highlights:** * Multi-unit configuration with strong rental potential
* Full finished basement – additional usable space
* Shared driveway access
* Detached 2-car garage (roof replaced in 2021)
* Opportunity to increase rents and maximize NOI **Showing Instructions (Strictly Enforced):** * Do not approach or question tenants under any circumstances
* All inquiries must be directed to the listing broker
* Buyers must be accompanied by their agent—no exceptions
* All visitors must sign in prior to entry
* Shoes must be removed when entering the 1st and 2nd floors **Important:**
Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS. **Condition of Sale:**
Property is being sold **as-is**, with all existing violations, liens, and fines to be assumed by the buyer. Serious, qualified investors only. Proof of funds recommended with all offers.
Listing Agent
Prime Place Realty Brokerage Phone: 718-480-8280 License #10311208391 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,811
Year Built
- Built in 1930 | Remodeled in 2022
Lot Details
- 2,248 Sq Ft Lot
- Lot Dimensions are 20x58
- East Facing Home
- Brick Fence
- Back Yard
- Additional Parcels
Parking
- 2 Car Garage
- Shared Driveway
Home Design
- Duplex
- Frame Construction
Interior Spaces
- Open Floorplan
- Double Pane Windows
- Storage
- Ceramic Tile Flooring
- Partially Finished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit, schools, and shops
Schools
- East New York Elementary-Excellence School
- East New York Middle Sch-Excellence
- Brooklyn School For Math And Research High School
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Legal Lot and Block 0030 / 4225
- Assessor Parcel Number 3-04225-0030
Community Details
Overview
- 20 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
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 |
|---|---|---|---|---|
| 2026 | $5,811 | $227,700 | $81,000 | $146,700 |
| 2025 | $5,357 | $189,900 | $81,000 | $108,900 |
| 2024 | $5,357 | $158,400 | $81,000 | $77,400 |
| 2023 | $5,256 | $198,000 | $81,000 | $117,000 |
| 2022 | $3,385 | $220,500 | $81,000 | $139,500 |
| 2021 | $4,059 | $172,800 | $81,000 | $91,800 |
| 2020 | $1,834 | $144,180 | $81,000 | $63,180 |
| 2019 | $3,540 | $144,180 | $81,000 | $63,180 |
| 2018 | $3,571 | $34,743 | $23,422 | $11,321 |
| 2017 | $3,528 | $33,666 | $21,565 | $12,101 |
| 2016 | $1,705 | $31,173 | $18,956 | $12,217 |
| 2015 | $1,374 | $28,864 | $23,403 | $5,461 |
| 2014 | $1,374 | $26,726 | $21,670 | $5,056 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $1,180,000 | 0.0% | $472 / Sq Ft |
| 09/22/2025 09/22/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $1,180,000 | -- | $472 / Sq Ft |
Source: OneKey® MLS
MLS Number: 896346
APN: 04225-0030
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.