NOT LISTED FOR SALE

897 E 98th St Brooklyn, NY 11236

Canarsie Neighborhood

Estimated Value: $878,000 - $1,016,000

Studio
3 Baths
2,120 Sq Ft
$451/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2025

Last sale price $940,000 $443 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,807 / mo

Highlights

  • Colonial Architecture
  • 4-minute walk to Canarsie-Rockaway Parkway
  • Back, Front, and Side Yard
  • Wood Flooring
  • 4 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2025

Beautiful 3-Family Home in Canarsie, Brooklyn!
Welcome to this stunning semi-detached three-family home, perfectly located in the heart of Canarsie, Brooklyn.

*Property Features:*
- 1 three-bedroom apartment and 2 one-bedroom apartments
- Full basement with separate entrance
- 2-car garage and driveway parking for 3-4 additional cars
- Close proximity to trains, buses, and the Gateway Shopping Center

*Investment Opportunity:*
This property boasts excellent rental potential, making it an attractive investment opportunity for savvy buyers.

Don't miss out on this incredible chance to own a beautiful and profitable three-family home in a desirable Brooklyn neighborhood!

Last Agent to Sell the Property

Barrington Richards

Fine Choice Realty Inc Listed on: 02/12/2025

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,783 Sq Ft Lot
  • Lot Dimensions are 48 x 20
  • Back, Front, and Side Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Block Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 4 Car Detached Garage
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 8148

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,700
  • Utility Expense $800
  • Gross Income $81,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,783 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Semi-Finished, Separate Entrance, Unfinished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 3
  • Parking Attributes: 4 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: 98th
  • Building Style: Colonial
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2783

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block, Wood Frame
  • Exterior: Vinyl Siding
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 27
  • Roof: Asphalt/Tar, Flat, Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2700.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 48
  • Lot Size Width: 20

Rental Info

  • Rent Income: 62100

Multi Family

  • Annual Gross Expense: 19500.00
  • Annual Gross Income: 81000
  • Unit Count: 3
  • Annual Utility Expenses: 800.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Oct 24, 2025
Sold by
Bought by
Seller's Agent
Barrington Richards
Fine Choice Realty Inc
Buyer's Agent
NON MEMBER
List Price
$1,100,000
Sold Price
$940,000
Premium/Discount to List
-$160,000
-14.55%
Views
21
Current Estimated Value
$956,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,529
Avg. Annual Appreciation
2.68%
Original Mortgage
$981,788
Outstanding Balance
$976,222
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$19,693

Purchase Details

Closed on
Oct 3, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$999,900 --
-- --
-- --
Source: Public Records

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 Borrower Loan Amount
Open $981,788
Previous Owner $394,000
Previous Owner $252,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $940,000 -6.0% $443 / Sq Ft
04/21/2025 04/21/25 Price Changed $1,000,000 -9.1% $472 / Sq Ft
02/12/2025 02/12/25 For Sale $1,100,000 -- $519 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax 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.

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 $7,685 $62,160 $10,620 $51,540
2025 $7,254 $56,340 $10,620 $45,720
2024 $7,254 $50,160 $10,620 $39,540
2023 $6,985 $53,340 $10,620 $42,720
2022 $6,745 $46,800 $10,620 $36,180
2021 $6,710 $37,620 $10,620 $27,000
2019 $6,296 $39,720 $10,620 $29,100
2018 $5,843 $28,663 $5,726 $22,937
2017 $5,739 $28,154 $8,403 $19,751
2016 $5,312 $26,572 $8,137 $18,435
2015 $3,203 $26,572 $11,330 $15,242
2014 $3,203 $25,081 $9,099 $15,982
Source: Public Records

Agents Affiliated with this Home

  • Barrington Richards

    Seller's Agent in 2025

    Barrington Richards

    Fine Choice Realty Inc

    (917) 690-3444

    4 in this area

    18 Total Sales

    Barrington Richards
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 489188

Brooklyn Board of REALTORS®

APN: 08148-0027

New York Kings County Brooklyn 11236 Canarsie

897 E 98th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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