69 Martense St Brooklyn, NY 11226
Flatbush NeighborhoodEstimated payment $10,516/month
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
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
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 |
|---|---|---|---|---|
| 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 |
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
MLS Number: 955280
APN: 05086-0058
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