Opportunity for investors or end users seeking a 2-family property with upside in a convenient Flatlands/Brooklyn location. This property features a 3-bedroom-over-2-bedroom layout with a finished basement, interior vestibule/common hallway, and separate interior access points to the first-floor unit, second-floor unit, and basement. The basement is to be delivered vacant and provides access to the rear yard. The second-floor owner’s bedroom is to be delivered vacant; two additional second-floor bedrooms are currently not accessible due to non-cooperative occupants. The first-floor unit is also currently not accessible due to a non-cooperative tenant. Property is being sold strictly as-is and buyers must be willing to proceed with limited access for showings, inspections, and appraisal purposes. Layout may allow future owner-occupancy on either level while maintaining basement access, subject to tenancy status and buyer due diligence. Oil heat. Conveniently located near Flatbush Avenue, Avenue K, Kings Highway, Brooklyn College, Kings Plaza, Marine Park, local shopping, schools, restaurants, and multiple transportation options including nearby B41, B9, B82/B82-SBS bus service, plus access to the 2/5 trains at Flatbush Avenue-Brooklyn College and the B/Q trains at Kings Highway.
Active
Price cut: $118K (6/23)
$730,000
1168 E 38th St, Brooklyn, NY 11210
5beds
1,840sqft
Multi Family
Built in 1925
-- sqft lot
$744,300 Zestimate®
$397/sqft
$-- HOA
What's special
Finished basementOil heat
- 86 days
- 2,637
- 129
Zillow last checked:
Listing updated:
Listed by:
Remax Edge 718-313-0214,
Expansion Team
Source: StreetEasy,MLS#: S1831692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bike Room, Childrens Playroom, Media Room, Package Room
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
Details
- Parcel number: 076190050
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: East Flatbush
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $834,000
- Annual tax amount: $6,768
- Date on market: 6/8/2026
Estimated market value
$744,300
$707,000 - $782,000
$3,354/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $730,000-13.9%$397/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $848,000-10.7%$461/sqft |
Source: | ||
| 12/22/2025 | Listing removed | $950,000$516/sqft |
Source: StreetEasy #S1801513 Report a problem | ||
| 11/23/2025 | Listed for sale | $950,000$516/sqft |
Source: StreetEasy #S1801513 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,975 +4.7% | $50,040 -3.5% |
| 2024 | $6,662 | $51,840 -9% |
| 2023 | -- | $56,940 +16.7% |
| 2022 | -- | $48,780 +14.8% |
| 2021 | -- | $42,480 +2.3% |
| 2020 | $5,905 +6.3% | $41,520 |
| 2019 | $5,554 +1.8% | $41,520 +59.2% |
| 2018 | $5,455 +2.6% | $26,076 |
| 2017 | $5,316 +11.7% | $26,076 +0.8% |
| 2016 | $4,757 | $25,876 +6% |
| 2015 | $4,757 +73.1% | $24,412 +6% |
| 2014 | $2,747 | $23,033 +6% |
| 2013 | -- | $21,730 |
| 2012 | -- | $21,730 +0.8% |
| 2011 | -- | $21,564 +6% |
| 2010 | -- | $20,344 +6% |
| 2009 | -- | $19,195 +6% |
| 2008 | -- | $18,109 |
| 2007 | -- | $18,109 +0.8% |
| 2006 | -- | $17,971 +6% |
| 2005 | -- | $16,954 +6% |
| 2004 | -- | $15,996 +6% |
| 2003 | -- | $15,091 |
| 2002 | -- | $15,091 +0.8% |
| 2001 | -- | $14,976 +6% |
| 2000 | -- | $14,129 |
Find assessor info on the county website






