863 Dumont Ave Brooklyn, NY 11207
East New York NeighborhoodEstimated payment $7,736/month
Highlights
- High Ceiling
- 4-minute walk to New Lots Avenue (3,4 Line)
- Baseboard Heating
- P.S. 149 Danny Kaye Rated 9+
- Eat-In Kitchen
- 2-minute walk to Sankofa Park
About This Home
863 Dumont Ave, Brooklyn, NY 11207 – Exceptional investment opportunity in the heart of East New York. This legal detached brick 3-family building offers strong existing cash flow with significant upside potential. Configured as a spacious 5-bedroom/1-bath apartment over two 4-bedroom/1-bath apartments, plus a full unfinished basement with both an interior entrance and separate rear access. The property underwent a gut renovation approximately 5 years ago and remains in very good overall condition, requiring only minor cosmetic updating. Fully occupied and producing approximately $9,600 per month in rental income, this property also presents clear upside potential with projected market rents estimated around $13,000 per month. Additional features include detached brick construction, separate utilities with 2 electric meters and 3 gas meters, 1 hot water tank, and 1 furnace. The oversized apartments provide excellent functionality and strong tenant appeal in a high-demand rental market. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major roadways. Easy access to subway lines, bus routes, and the Belt Parkway adds to the property’s long-term investment appeal. Excellent opportunity for investors seeking a large income-producing Brooklyn property with strong existing returns and future growth potential.
Listing Agent
Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401276999 Listed on: 05/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,068
Year Built
- Built in 1901
Lot Details
- 2,500 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- High Ceiling
- Unfinished Basement
- Walk-Out Basement
- Eat-In Kitchen
Schools
- Ps 114 Ryder Elementary School
- Brooklyn Science And Engineering Aca Middle School
- Acad For Conservation & Environment High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Cable TV Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 04060-0041
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 | $2,119 | $77,280 | $11,640 | $65,640 |
| 2025 | $1,999 | $59,820 | $11,640 | $48,180 |
| 2024 | $1,999 | $60,240 | $11,640 | $48,600 |
| 2023 | $2,021 | $63,600 | $11,640 | $51,960 |
| 2022 | $1,971 | $54,060 | $11,640 | $42,420 |
| 2021 | $1,961 | $48,720 | $11,640 | $37,080 |
| 2020 | $1,385 | $46,380 | $11,640 | $34,740 |
| 2019 | $1,735 | $46,380 | $11,640 | $34,740 |
| 2018 | $1,677 | $8,294 | $2,709 | $5,585 |
| 2017 | $1,677 | $8,229 | $2,169 | $6,060 |
| 2016 | $1,552 | $7,764 | $2,502 | $5,262 |
| 2015 | $717 | $7,326 | $2,182 | $5,144 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2026 05/28/26 | For Sale | $1,395,000 | -- | $462 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $830,000 | -- | |
| Deed | $830,000 | -- | |
| Deed | $830,000 | -- | |
| Deed | $640,000 | -- | |
| Deed | $640,000 | -- | |
| Deed | $640,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $2,500 | -- | |
| Deed | $2,500 | -- | |
| Deed | $2,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $578,500 | -- | |
| Deed | $578,500 | -- | |
| Deed | $457,415 | -- | |
| Deed | $457,415 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Foreclosure Deed | $244,669 | -- | |
| Foreclosure Deed | $244,669 | -- | |
| Bargain Sale Deed | $219,000 | -- | |
| Bargain Sale Deed | $219,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $796,000 | Purchase Money Mortgage | |
| Closed | $796,000 | Purchase Money Mortgage | |
| Previous Owner | $569,562 | Purchase Money Mortgage | |
| Previous Owner | $401,854 | Purchase Money Mortgage | |
| Previous Owner | $217,150 | FHA |
Source: OneKey® MLS
MLS Number: 1005804
APN: 04060-0041
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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