$1,888,888

Estimated payment $10,516/month

Total Views 89
6 Beds
2 Baths
2,660 Sq Ft
$710 Price per Sq Ft

Highlights

  • 0.1 Acre Lot
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Colonial Architecture
  • High Ceiling
  • 3 Car Detached Garage

About This Home

Introducing 67-69 Martense Street, an exceptional opportunity for investors, developers, and primary users alike in the heart of Brooklyn’s vibrant Flatbush section. This massive, fully detached two-family residence sits on an expansive 29.92 ft x 139.58 ft lot, totaling 4,176 square feet. The property currently features a substantial 22x55 building footprint across 2,660 square feet of living space, but its true allure lies in the future. Zoned R7a with a 4.0 Floor Area Ratio (FAR), this site offers a remarkable 16,704 buildable square feet, providing a premier canvas for a significant residential development project in one of the borough's most sought-after growth corridors. The existing residence is thoughtfully configured with two spacious, sun-drenched apartments. Each unit provides a classic, airy layout consisting of three generous bedrooms, a formal living room, a separate dining room, a full bathroom, and a windowed eat-in kitchen. The versatility continues in the semi-finished basement (with separate entrance), which houses a dedicated laundry room and an expansive recreation space perfect for a home office, gym, or additional storage. Whether you choose to collect premium rental income while planning your development or reside in one unit while the other pays the mortgage, the bones of this detached home offer unparalleled flexibility. Located in a quintessential Brooklyn neighborhood, this property puts you at the center of a rich cultural and recreational landscape. You are just a short stroll from the lush greenery of Prospect Park, the Brooklyn Botanic Garden, and the historic Kings Theatre. The area is a culinary destination, featuring local favorites like Midwood Flats and a diverse array of international eateries along Flatbush and Church Avenues. Commuting is effortless with a "Rider’s Paradise" transit rating. You are minutes from the 2 and 5 express trains at Church Avenue and the B and Q lines, offering a swift and reliable connection to Downtown Brooklyn and Manhattan. Additional local transit options include the B35, B41, and B44 bus lines, ensuring every corner of the city is within reach. Do not miss this chance to secure a massive footprint with significant "as-of-right" development upside in the heart of Brooklyn. Please note that this is an Estate Sale and the final closing is subject to the issuance of Letters from the Surrogate’s Court. All prospective buyers and real estate agents are strictly advised to perform their own independent due diligence regarding square footage, lot dimensions, zoning requirements, and any potential development or "as-of-right" buildable square footage. All information provided is for informational purposes only and is not guaranteed; buyers should consult with their own architects and legal counsel to verify all property details and development feasibility.

Listing Agent

Etan Hakimi

Mitra Hakimi Realty Group LLC Brokerage Phone: 718-268-5588 License #10301204850 Listed on: 01/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1930

Lot Details

  • 4,176 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Shared Driveway
  • Parking Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • High Ceiling
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 05086-0058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,494

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1930
  • Attribution Contact: 718-268-5588
  • Carport Y N: No
  • CurrentPrice: 1888888.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 19696433.7852
  • CurrentPrice_By_BuildingAreaTotal: 710.10827
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining, High Ceilings, Master Downstairs
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, Driveway, Garage, Parking Lot, Private, Shared Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0959
  • Lot Dimensions: 29.92 ft x 139.58 ft
  • Lot Size Sq Ft: 4176
  • Parcel Number: 05086-0058
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8494
  • Tax Year: 2024

Map

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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 $7,915 $112,020 $24,900 $87,120
2024 $7,915 $131,760 $24,900 $106,860
2023 $8,003 $127,020 $24,900 $102,120
2022 $7,713 $139,140 $24,900 $114,240
2021 $7,660 $113,880 $24,900 $88,980
2019 $6,821 $124,740 $24,900 $99,840
2018 $6,634 $34,006 $8,032 $25,974
2017 $6,507 $33,393 $12,362 $21,031
2016 $5,988 $31,503 $15,751 $15,752
2015 $3,580 $29,721 $13,953 $15,768
2014 $3,580 $28,339 $11,828 $16,511
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2026 01/25/26 For Sale $1,888,888 -- $710 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 955280

OneKey® MLS

APN: 05086-0058