635 E 38th Street Brooklyn, NY $ 1,550,000
635 E 38th Street
$ 1,550,000
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635 E 38th Street

Brooklyn, NY, 11203
$ 1,550,000
Bedrooms8 Baths3.0 Sq 2,523

Monthly Estimate*

$ 10,705

635 E 38th Street, Brooklyn, NY 11203 - Image 1
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635 E 38th Street, Brooklyn, NY 11203 - Image 10
635 E 38th Street, Brooklyn, NY 11203 - Image 11

Multi-Family Home for sale in Brooklyn, NY

for $1,550,000 with 8 bedrooms and 3 full baths. This 2,523 square foot home was built in 1920 on a lot size of 0.1148.

Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,069

Style

Triplex

Lot Size

0.1148

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1065148

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath
Basement Finished See Remarks Walk-Out Access
Total Fireplaces 0
Basement Features Finished See Remarks Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 8
Total Baths 3
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General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected
Garage Spaces 2
Patio/Porch Features Covered Porch
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Electricity
Property Subtype Triplex
Tax Year 2026
Parcel Number 04972-0059
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N Y
Full Baths 3
High School Midwood High School
City New York
Senior Community Y/N N
High School District Brooklyn 22
Number Of Units Total 3
Carport Y/N N
Elementary School Ps 198
Property Attached Y/N N
Tax Annual Amount 9069.44
Middle/Junior High School Andries Hudde
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 22
Elementary School District Brooklyn 22
Tax Assessed Value 59100
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Exterior
Parking Features Driveway Garage Driveway Garage
Water Source Public
Spa N
Building Area Total 2523
Waterfront Y/N N
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Internal Only
Street Number 1 635
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* Excluded Features
List By
George Ockovic

Listing Agent

Yourhomesold Guaranteed Realty

Broker

GoCommercialInc@gmail.com

Email

Affordability Calculator

$11,461
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,705
Monthly Property Taxes
$756
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5444790 Elementary School
5163144 Middle School
Midwood High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$1,550,000 Listed Price

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635 E 38th Street, Brooklyn, NY, 11203 is a Multi-Family Home for sale at $1,550,000 with 2,523 sqft and a lot size of 0.1148. 635 E 38th Street has 8 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 11203 which is in Brooklyn, NY