581 Decatur St Brooklyn, NY 11233
Bed-Stuy NeighborhoodEstimated payment $14,287/month
Total Views
4,193
6
Beds
7
Baths
3,752
Sq Ft
$666
Price per Sq Ft
Highlights
- Wood Flooring
- Cooling Available
- Kitchen Island
- Private Yard
- Laundry Room
- 4-minute walk to Saratoga Park
About This Home
All showings are by appointment.
Opportunity knocks with this 19’ x 50’ brownstone offering approximately 3,752 square feet of living space on a bucolic, tree-lined block in one of Brooklyn’s most vibrant neighborhoods. Whether you're looking to live in one unit and collect income from two fully renovated rental units, or rent out the entire building, this investment delivers flexibility, strong cash flow, and long-term upside. The rental market is strong and there is no slowdown in sight, making this the ideal investment opportunity.
Each unit is thoughtfully outfitted with tenant-friendly amenities, including individual electric and water meters, dishwashers, and in-unit washer/dryers—features that maximize your rent roll. Rental income from the two units can cover more than half of your monthly mortgage, making this an ideal option for both owner-occupants and savvy investors.
Located just a short distance from the C train for a convenient Manhattan commute and moments from Saratoga Park, this is a rare chance to own a turn-key, income-producing asset n one of Brooklyn’s most dynamic and appreciating enclaves.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,436
Year Built
- Built in 1899
Lot Details
- Lot Dimensions are 18.750000x100.000000
- Private Yard
Interior Spaces
- 3,752 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Gas Cooktop
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Full Bathrooms
Utilities
- Cooling Available
- No Heating
Community Details
- 3 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 71 / 01501
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 | $5,440 | $117,540 | $23,640 | $93,900 |
| 2024 | $5,440 | $121,320 | $23,640 | $97,680 |
| 2023 | $5,501 | $112,920 | $23,640 | $89,280 |
| 2022 | $5,357 | $114,420 | $23,640 | $90,780 |
| 2021 | $5,328 | $92,580 | $23,640 | $68,940 |
| 2020 | $2,499 | $95,520 | $23,640 | $71,880 |
| 2019 | $4,722 | $75,960 | $23,640 | $52,320 |
| 2018 | $4,601 | $22,572 | $8,601 | $13,971 |
| 2017 | $4,559 | $22,363 | $8,250 | $14,113 |
| 2016 | $4,218 | $21,099 | $8,363 | $12,736 |
| 2015 | $2,325 | $19,905 | $11,846 | $8,059 |
| 2014 | $2,325 | $18,810 | $12,913 | $5,897 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 07/15/2025 07/15/25 | Off Market | $2,500,000 | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 07/08/2025 07/08/25 | Off Market | $2,500,000 | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $2,500,000 | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 06/24/2025 06/24/25 | Off Market | $2,500,000 | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 06/17/2025 06/17/25 | Off Market | $2,500,000 | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 06/10/2025 06/10/25 | Off Market | $2,500,000 | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $2,500,000 | 0.0% | $666 / Sq Ft |
| 06/03/2025 06/03/25 | Off Market | $2,500,000 | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $2,500,000 | -- | $666 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,525,000 | -- | |
| Deed | $742,000 | -- | |
| Deed | $742,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Unknown | |
| Open | $1,500,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $593,600 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20023269
APN: 01501-0071
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