288 New York Avenue, Brooklyn, NY, 11216

Address

288 New York Avenue, Brooklyn, NY

Listing Type

Multi-Family

Price

$ 1,550,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#500834
TypeMulti-Family
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodCrown Heights
Zip11216
Style
Taxes$ 16738
Price$ 1,550,000
Bedrooms0
Full Bathrooms8
Half Bathrooms0
Lot Size0.043618 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

Welcome to 288 New York Avenue, a classic building nestled in the vibrant Crown Heights section of Brooklyn. This unique asset boasts eight studio apartments all approximately 425sf. The property exudes pre-war charm with its original details and stunning high ceilings, providing a touch of elegance and historical appeal. The hardwood floors throughout lend a warm and timeless aesthetic, making this a great space for anyone who appreciates classic design. Although the building maintains a vintage feel with no washer/dryer, doorman, or concierge services, its authenticity and character truly make it stand out. Residents will appreciate the fantastic natural light that floods the rooms, creating a bright and inviting atmosphere. The units are in good condition which presents an exciting opportunity for personalization and improvement, allowing the new owner to enter into a sound investment. Located between Lincoln Place and the iconic Eastern Parkway, this location benefits from a prime position in Crown Heights. Just a stone's throw from the 2, 3, 4, and 5 express trains at Franklin Ave or Nostrand Ave, commuting to Manhattan couldn't be simpler. You'll be surrounded by cultural hotspots like the Brooklyn Museum, Botanical Garden, and the spacious Prospect Park for those who love outdoor activities and exploration. The neighborhood's trendy cafes, eclectic bars, and bustling boutiques perfectly encapsulate the energetic vibe of Brooklyn city life. Don't miss the chance to explore this charmer at 288 New York Avenue! If you're looking for a great investment, this townhouse is ready to provide a mix of historic allure, modern convenience and a great rent roll. 1900sf Lot with R-5 Zoning. Schedule a showing today and see for yourself the potential this unique property has to offer. Contact the listing agent for full Set-Up.

Price History
4/27/2026	Listed $1,550,000

General Features

Net Operating Income	140642.00
Roof	Other
Electric	Other
Style	Other
Stories Count	3
Property Type	Residential
Block	1262
Cap Rate	0.09
Lot Number	35
Yearly Taxes	16738.00
Transaction Type	Sale
Insurance Expense	5960.00
Utility Expense	5700.00
Financing	1031 Exchange,Assumption,Bank Mortgage,Cash,Lease/Purchase,Owner
Building Type	Attached
Gross Income	179568
Status	Active
Fuel Expense	1963.00
Construction Materials	Other
Cumulative Days on Market	149
MLS Area	Crown Heights
Sub Type	Multi-Family
City	Brooklyn
Borough	Brooklyn
Number Of Available Units	8
Residential Features	Central Air - Split
DOM	149
Sale Type	Arm's Length
# Families	8
Public Remarks	Welcome to 288 New York Avenue,a classic building nestled in the vibrant Crown Heights section of Brooklyn. This unique asset boasts eight studio apartments all approximately 425sf. The property exud

Interior Features

Heating Fuel	Electric,Gas
Flooring	Hardwood
Hot Water	Hot Water Coil in Boiler
Full Baths	8
Unit Count	8
Building Amenities	NONE
AC Units	5+
Basement Amenities	Cellar
Total Baths	8.00

Exterior Features

Exterior	Brick
Yard	None
Foundation	Other
Lot Sq Ft	1900
Property Panorama YN	Yes
Lot Size Length	100
Lot Size Width	19
Parking Attrib	None