East New York Real Estate

3 Beds ⋅ 2 Baths ⋅ 11910936 MLS

Welcome to 590 Elton Street, a two-family home in the heart of East New York, Brooklyn. This versatile property features a 1-bedroom apartment above a 2-bedroom apartment, plus a finished basement with additional recreational space-ideal for owner-occupants, investors, or multi-generational living. Conveniently located within walking distance of the New Lots Avenue train station, this home offers easy access to Manhattan and Downtown Brooklyn. Residents will enjoy nearby shopping at the Gateway Center, outdoor recreation at Highland Park, and quick access to the Belt Parkway and JFK Airport. This property offers a great opportunity to own a two-family home in a growing Brooklyn neighborhood with strong rental demand and long-term value.

590 Elton Street, Brooklyn

$1,150,000

6 Beds ⋅ 2 Baths ⋅ 11908946 MLS

Mixed-Use Investment Opportunity | Restaurant + Residential | Over 10.6% Pro Forma Cap Rate Presenting an excellent opportunity to acquire a mixed-use investment property in the heart of East New York, Brooklyn. This well-located building features a ground-floor commercial restaurant space with two spacious residential apartments above, providing a diversified income stream and strong long-term investment potential. The property consists of: Ground-floor restaurant/commercial space Two 3-bedroom, 1-bath residential apartments Full basement One residential unit is scheduled to be delivered vacant, offering immediate upside for an owner-user or the opportunity to lease at market rent. Currently generating approximately $123,600 in annual gross income, with projected income of over $138,000 annually based on market rents. Investment Highlights Projected 10.68% Cap Rate Projected NOI: $122,865 Purchase Price: $1,150,000 R6, C1-3 Zoning 20' x 81.33' Lot Approximately 3,600 SF Building Built in 1930 Mixed-use asset with residential and commercial income Value-add opportunity through lease-up and rent optimization Conveniently located on New Lots Avenue, the property enjoys excellent visibility and foot traffic while offering easy access to public transportation, major roadways, neighborhood shopping, and local amenities. The commercial storefront benefits from a vibrant retail corridor, while the residential units remain in strong demand. Whether you're an investor seeking stable cash flow or looking to add a high-performing mixed-use asset to your portfolio, 334 New Lots Avenue offers an outstanding combination of current income, upside potential, and long-term appreciation. Contact us today for the complete financial package, rent roll, and to schedule a private tour.

334 New Lots Avenue, Brooklyn

$4,000

2 Baths ⋅ 11893685 MLS

BRAND NEW BUILDING BRAND NEW HUGE THREE BEDROOM & TWO FULL BATHROOM APARTMENT NEW GRANITE COUNTER TOP KITCHEN WITH OPEN PLAN CONCEPT NEW HARDWOOD FLOOR DUCTLESS HEATING AND AIR CONDITION CLOSE TO TRANSPORTATION , RESTAURANTS , SUPERMARKETS

719 SNEDIKER AVENUE, Brooklyn

$1,350,000

9 Beds ⋅ 4 Baths ⋅ 11874632 MLS

Turnkey 3-family, 3-story brick building built in 2006, offering approximately 3,822 SF on a 1,720 SF lot. Unit mix includes a 1-bedroom on the first floor, 3-bedrooms on the second floor, and 3-bedrooms on the third floor, plus a finished walk-out basement with an additional bedroom and common space - 9 bedrooms / 4 baths total. Gas baseboard heat, stainless appliances, in-unit washer/dryer. Currently tenant-occupied with the option to deliver vacant. Located in a transit-accessible East New York pocket close to schools, groceries, and parks - a strong rent-roll opportunity for an investor or a house-hack play for an owner-occupant.

1397 Sutter Ave, Brooklyn

$1,350,000

9 Beds ⋅ 4 Baths ⋅ 11874589 MLS

Turnkey 3-family, 3-story brick building built in 2006, offering approximately 3,822 SF on a 1,720 SF lot. Unit mix includes a 1-bedroom on the first floor, 3-bedrooms on the second floor, and 3-bedrooms on the third floor, plus a finished walk-out basement with an additional bedroom and common space - 9 bedrooms / 4 baths total. Gas baseboard heat, stainless appliances, in-unit washer/dryer. Currently tenant-occupied with the option to deliver vacant. Located in a transit-accessible East New York pocket close to schools, groceries, and parks - a strong rent-roll opportunity for an investor or a house-hack play for an owner-occupant.

1395 Sutter Ave, Brooklyn

$575,000

3 Beds ⋅ 1.5 Baths ⋅ 11870562 MLS

520 Warwick Street, Brooklyn, New York Built: 1989 R5 zoning, A5 building class (one-family dwelling) Lot Size: 18 x 120 feet Building Size: 18 x 31 feet Block #: 4046 Lot #: 128 Taxes: 3,744.40 per year We are pleased to present this brick 2 floor, 18-foot seven inch wide solid-brick, legal 1-family with 1,674 square feet (including basement square footage of 558 square feet) feet in the New Lots area of Brooklyn, New York, between Sutter Avenue and Blake Avenue. This is a short walk to the Van Sicklen A and C train and the New Lots train station hub where you can catch the 2, 3, 4 and 5 trains. Basement Level - The home features a full unfinished basement with 558 square feet, offering excellent potential for future expansion. Currently utilized for storage and utility space, the basement provides a blank canvas for the next owner to create a family room, recreation area, home office, gym, or additional storage. With the proper updates and finishing touches, this space can be transformed to suit a variety of needs. First level - This space is outfitted with recently refinished hardwood floors. It contains the living room, a half bathroom and entrance to the back yard. The kitchen features a functional layout with working appliances, including a dishwasher for added convenience. Warm wood cabinetry provides ample storage space, while durable Formica countertops offer plenty of room for meal preparation. Ready for everyday use, the kitchen also presents an opportunity for future updates to suit your personal style and preferences. Second level - The second and final floor features three comfortably sized bedrooms and one full bathroom. This level offers a practical layout with ample potential for customization and updating. While the space does require some TLC, it provides an excellent opportunity for a new owner to renovate and modernize to their own taste. With some vision and improvements, the second floor can be transformed into a warm and inviting living space for the entire family. Attic - The home also features an attic that provides valuable additional storage space. The attic offers practical storage potential and serves as a useful extension of the living space. Backyard Space - The property boasts a large backyard, offering valuable outdoor space in Brooklyn. Currently unfinished, the yard provides the new owner to create their ideal outdoor retreat. Whether you're envisioning a garden, patio, play area, entertaining space, or additional landscaping, this spacious backyard offers endless possibilities to enhance and personalize the property. House includes: -Fully functional gas boiler and hot water heater. -Parquet hardwood floors throughout. -One car parking -Nice sized backyard.

520 Warwick Street, Brooklyn

$748,000

11855460 MLS

Prime Mixed‑Use Opportunity - East New York, Brooklyn Discover a rare chance to own a large mixed‑use building in the heart of East New York, situated on an expansive 4,000 sq ft lot. This property offers tremendous potential for repositioning, redevelopment, or adaptive reuse as a community facility. Currently a TLC (Tender Loving Care) asset, the building provides a solid foundation for investors or developers seeking value‑add potential in one of Brooklyn's fastest‑transforming corridors. With generous lot dimensions and flexible zoning, the site invites creative possibilities - from multi‑family expansion to educational, medical, or nonprofit use. Lot Size: Approx. 4,000 sq ft - oversized for the area Use: Mixed‑use building with existing structure in need of TLC Zoning: Allows for residential, commercial, or community facility development (verify FAR and overlay specifics) Location: Convenient East New York block near transit, retail, and major thoroughfares Potential: Ideal for developers, investors, or organizations seeking a community‑oriented site. This property represents a strategic investment opportunity in a neighborhood experiencing steady growth and revitalization. Whether you envision a modern mixed‑use redevelopment or a community‑driven facility, this site offers scale, flexibility, and long‑term upside.

516 Fountain Ave, Brooklyn

$299,000

1 Beds ⋅ 1 Baths ⋅ 11841194 MLS

MeadowWood at Gateway - Beautifully Maintained 1 Bedroom Condominium FOR SALE! Excellent opportunity to own a spacious and very well-maintained 1 bedroom condominium in the highly desirable MeadowWood at Gateway community! This bright and airy unit features a huge living room with formal dining area and raised platform leading to a private tiled 66-foot balcony with an amazing open view! Features include: • Modern windowed kitchen with granite countertops • Updated modern bathroom • Oversized main bedroom with large sliding double closets • Multiple windows providing excellent natural light • Approximately 643 sq. ft. of living space Building amenities include: • Private security • Secure lobby • Elevator building • Live-in superintendent • Laundry room • Community room • Playground • Storage rooms (fees apply) • Parking available (fees apply) • Pet friendly Over $33 million in capital improvements completed between 2007-2010! Fantastic investment opportunity with NO rental restrictions! Build equity while owning in one of Brooklyn's rapidly growing neighborhoods. Prime location near: • Gateway Mall • Shirley Chisholm State Park • Amazon Distribution Center • Shopping & restaurants • Public transportation & buses • Short distance to train • Near JFK Airport & Resorts World Casino Brooklyn is HOT! Best priced CONDOMINIUM - NOT a co-op! This opportunity will not last at this price!

400 Cozine Ave, #5F Unit #5F, Brooklyn

$425,000

2 Beds ⋅ 1 Baths ⋅ 11840193 MLS

MeadowWood at Gateway - 1st Floor 2-Bedroom Condominium For Sale Immaculate 1st-floor condominium featuring 2 bedrooms, a huge living room, formal dining area (easily converted to a 3rd bedroom), and a private 110 sq. ft. balcony overlooking landscaped grounds. Modern pass-through kitchen with granite countertops, renovated bathroom, spacious bedrooms, and approximately 884.7 sq. ft. of living space. Amenities include private security, secure lobby, elevator, live-in super, laundry room, playground, community room, storage (fee), and parking (fee). Low common charges include heat, hot & cold water, cooking gas, master insurance, and security. Over $33 million in capital improvements completed. No rental restrictions and pets allowed! Conveniently located near Gateway Center, Chisholm Park, shopping, restaurants, public transportation, train, Amazon distribution center, JFK Airport, and Resorts World Casino. Best-priced condominium opportunity-NOT A CO-OP! Build equity and own today!

240 Cozine Ave, #1E Unit #1E, Brooklyn

$425,000

2 Beds ⋅ 1 Baths ⋅ 11802647 MLS

240 Cozine Ave Unit #1E, Brooklyn

$1,149,000

8 Beds ⋅ 5 Baths ⋅ 11823998 MLS

Discover an exceptional investment opportunity or the perfect place to call your first home in one of Brooklyn's up-and-coming neighborhoods. This spacious house offers remarkable versatility, featuring two expansive apartments plus a fully finished basement-ideal for multi-generational living, extra rental income, or a comfortable home office setup. Boasting a total of 8 bedrooms and 5 bathrooms, this property is designed to accommodate large families or generate impressive rental returns. The top floor shines with a modern 3-bedroom, 2-bath layout, highlighted by gleaming hardwood floors and dramatic floor-to-ceiling windows that flood the space with natural light. Entertain guests or enjoy family meals in the custom kitchen, complete with stylish cabinetry and ample workspace. The first floor is an over sized 2 bedroom 2 bathroom apartment able to fetch over $3000 a month. Parking is never an issue with a rare private driveway providing two dedicated parking spaces-a true luxury in Brooklyn. Situated on a generous 2,500 square foot lot, there's ample space for gardening, gatherings, or even future expansion. Whether you're an investor seeking a high-potential rental property or a first-time buyer looking for flexible living options, this home checks every box. Enjoy the comfort and privacy of a house with the income-generating benefits of multiple units. With its desirable features, modern finishes, and unbeatable value, this property presents an unmissable opportunity. Schedule your tour today and imagine the possibilities that await in your new Brooklyn investment or residence!

656 alabama, Brooklyn

$299,000

1 Beds ⋅ 1 Baths ⋅ 11802644 MLS

400 Cozine Ave Unit #5F, Brooklyn

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