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Sold
  • $1,100,000

    124 Martense St, Brooklyn, NY 11226

    5beds
    2,400sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,708,900 Zestimate®
    $458/sqft
    $2,819 Estimated rent

    Home value

    $1,708,900

    $1.50M - $1.93M

    $2,819/mo

    Zestimate® history
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    Owner options

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    $2,819/mo

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    Rent Zestimate®

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    $6,492/mo

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    $6,492/mo

    Est. payment

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    What's special

    Ornate victorian mantelsIntricate original woodworkStunning inlaid hardwood floorsGrand pier mirrorGenerously zoned lotCharming tree-lined blockBarrel front townhouse
    Finally, a Two Family with exceptional Upside in Prime PLG/Flatbush Border. Welcome to 124 Martense Street, a classic 20' x 55' two-family barrel front townhouse located at the crossroads of Flatbush and Prospect Lefferts Gardens. The two family, 20 ft x 55 ft home is rich in period details. Inside you'll find stunning inlaid hardwood floors, ornate Victorian mantels, a grand pier mirror, and intricate original woodwork,. All of these rare architectural touches speak to the home’s history. While the property requires TLC, these preserved elements offer an incredible starting point for restoration or conversion. Set on a 20.33 ft x 117.83 ft lot and zoned R7-1 with a residential FAR of 3.44, this property offers a tremendous development opportunity with 5,782 square feet of unused buildable, allowing for a maximum usable floor area of 8,118 square feet. Whether you're a developer seeking your next project or an end-user with vision, the potential here is undeniable. Each floor can be its own rentable unit or you can combine the first and second floors into a spacious grand one family home. Located on a charming, tree-lined block near the heart of PLG, you are close to Prospect Park and the B/Q trains. Lot Size: 2,360 SF (20.33' x 117.83') Zoning: R7-1 / Residential FAR 3.44 Max Buildable: 8,118 SF Unused Buildable: 5,782 SF End-users, investors, and developers—bring your architect and vision. This is a rare chance to transform a historic home with architectural pedigree or build new on a generously zoned lot in one of Brooklyn’s most dynamic neighborhoods. Cash offers preferred. Shown by appointment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronit Abraham,

    Compass

    Source: StreetEasy,MLS#: S1772423

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Garden
    Details
    • Parcel number: 050900021
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Flatbush

    HOA & financial

    HOA
    • Has HOA: Yes
    • Amenities included: Laundry

    Price history

    DateEventPrice
    9/3/2025Sold$1,100,000+1.4%$458/sqft
    Source: Public Record Report a problem
    6/8/2025Contingent$1,085,000$452/sqft
    Source: StreetEasy #S1772423 Report a problem
    5/21/2025Listed for sale$1,085,000$452/sqft
    Source: StreetEasy #S1772423 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,763 -0.3%$72,360 -12.2%
    2024$7,786 $82,380 +13.6%
    2023-- $72,540 -7.1%
    2022-- $78,060 -5.6%
    2021-- $82,680 +16%
    2020$2,791 +1.1%$71,280 +13%
    2019$2,760 -56.7%$63,060 +106.9%
    2018$6,377 +8.7%$30,484 +5.9%
    2017$5,867 +188.3%$28,782 +5.9%
    2016$2,035 $27,169
    2015$2,035 +69.8%$27,169 +0.9%
    2014$1,199 $26,922 +6%
    2013-- $25,404 +5.9%
    2012-- $23,985 +5.9%
    2011-- $22,641
    2010-- $22,641 +0.9%
    2009-- $22,435 +6%
    2008-- $21,170 +5.9%
    2007-- $19,988 +5.9%
    2006-- $18,868
    2005-- $18,868 +0.9%
    2004-- $18,696 +6%
    2003-- $17,642 +5.9%
    2002-- $16,657 +5.9%
    2001-- $15,724
    2000-- $15,724

    Find assessor info on the county website

    Neighborhood: Flatbush

    Nearby schools

    GreatSchools rating