831 Willoughby Ave Brooklyn, NY 11206
Bed-Stuy NeighborhoodEstimated payment $10,017/month
Highlights
- Wood Flooring
- No Heating
- 2-minute walk to Myrtle Avenue
About This Home
3-Family Brick Home – Delivered Vacant with Tons of Potential
If you’ve been looking for space, flexibility, and a smart investment all in one—this is the perfect opportunity. Estate sale being sold as is. Will be delivered fully vacant, making it ideal for both investors and end-users alike.
Approximately 3,600 sq. ft. across three stories, the layout includes a 2-bedroom, 1-bath unit on the lower level and two spacious 3-bedroom, 1-bath units above. Whether you're looking to live in one unit and rent the others, or fully lease out the building for income, the possibilities are wide open. Each unit is separately metered for utilities.
Private driveway - with potential for a curb cut to add parking
Full finish basement – perfect for storage or future customization
Unused FAR of 1,400 – expand or add value down the line (verify with your architect)
On the border of Bedford-Stuyvesant and Bushwick, this home is surrounded by the best of both worlds. Enjoy the charm and brownstone-lined blocks of Bed-Stuy along with the energy and creativity of Bushwick’s art scene, cafes, and nightlife. Close to tons of restaurants as well as neighborhood parks, community gardens, and easy subway access to the J,M,Z.
This home offers a rare combination: move-in ready with great bones, yet full of potential to grow and evolve with your needs. Whether you're an investor eyeing strong rental income or a buyer dreaming of a multigenerational home, this property is a must-see.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,300
Year Built
- Built in 2004
Lot Details
- Lot Dimensions are 25.000000x100.000000
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,600 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- 3 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 52 / 01589
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 | $9,307 | $104,640 | $20,940 | $83,700 |
| 2024 | $9,307 | $100,740 | $20,940 | $79,800 |
| 2023 | $8,781 | $89,040 | $20,940 | $68,100 |
| 2022 | $109 | $88,380 | $20,940 | $67,440 |
| 2021 | $91 | $71,280 | $20,940 | $50,340 |
| 2020 | $92 | $86,400 | $20,940 | $65,460 |
| 2019 | $121 | $68,700 | $20,940 | $47,760 |
| 2018 | $118 | $36,432 | $10,703 | $25,729 |
| 2017 | $118 | $36,432 | $12,527 | $23,905 |
| 2016 | $116 | $34,416 | $15,972 | $18,444 |
| 2015 | $79 | $34,111 | $17,055 | $17,056 |
| 2014 | $79 | $32,181 | $19,298 | $12,883 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | Off Market | $1,750,000 | -- | -- |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Off Market | $1,750,000 | -- | -- |
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | Off Market | $1,750,000 | -- | -- |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | Off Market | $1,750,000 | -- | -- |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | For Sale | $1,750,000 | 0.0% | $486 / Sq Ft |
| 07/15/2025 07/15/25 | Off Market | $1,750,000 | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $1,750,000 | -- | $486 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $610,000 | -- | |
| Deed | $610,000 | -- | |
| Deed | $800,000 | -- | |
| Deed | $800,000 | -- | |
| Deed | $725,000 | -- | |
| Deed | $725,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $496,540 | Commercial | |
| Closed | $496,540 | Commercial | |
| Previous Owner | $640,000 | Purchase Money Mortgage | |
| Previous Owner | $160,000 | No Value Available | |
| Previous Owner | $108,750 | No Value Available | |
| Previous Owner | $580,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20033464
APN: 01589-0052
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