Prime investment opportunity in the heart of Midwood! This beautiful 4-family building sits on a 35 × 113 lot with a 23 × 78 building size and was built from the ground up just 7 years ago, offering modern construction and high-end finishes throughout.
Each apartment features 2 bedrooms and 1 full bathroom, along with stackable washer and dryer units in every unit. The residences are finished with modern Italian kitchens and stylish bathrooms, providing a luxurious and contemporary living experience. The property is equipped with central heating and cooling, and tenants pay their own heat and hot water, making it an efficient investment.
In addition to the four main units, the basement includes two additional rooms.
Additional highlights include a private driveway, garage, and a sunroom on the first floor, adding extra comfort and convenience for residents.
Annual Taxes: $20,742
Current Income: Approximately $15,000 per month
A rare opportunity to own a modern, income-producing property in prime Midwood, perfect for investors seeking strong rental income in a desirable neighborhood.
Active
$4,200,000
1402 E 3rd St, Brooklyn, NY 11230
8beds
3,440sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$1,221/sqft
$-- HOA
What's special
Stylish bathroomsHigh-end finishesCentral heating and coolingPrivate drivewayModern italian kitchens
- 111 days |
- 208 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Century 21 Melanie Kishk Realty 718-627-7390,
Melanie Kishk
Source: StreetEasy,MLS#: S1816120
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Childrens Playroom, Media Room
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,440
- Total interior livable area: 3,440 sqft
Property
Details
- Parcel number: 065650014
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Midwood
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,221/sqft
- Tax assessed value: $872,000
- Annual tax amount: $20,748
- Date on market: 3/16/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $4,200,000+154.5%$1,221/sqft |
Source: StreetEasy #S1816120 Report a problem | ||
| 6/19/2018 | Sold | $1,650,000$480/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,845 +5.9% | $392,400 +19.9% |
| 2024 | $19,680 | $327,150 +8% |
| 2023 | -- | $302,850 -2% |
| 2022 | -- | $309,150 -13% |
| 2021 | -- | $355,500 +13.2% |
| 2020 | $13,497 +7.8% | $314,100 +7.4% |
| 2019 | $12,522 | $292,500 +191.3% |
| 2018 | -- | $100,395 +3.6% |
| 2017 | $12,327 +138.6% | $96,918 +8% |
| 2016 | $5,167 | $89,776 +7.9% |
| 2015 | $5,167 +55.6% | $83,240 +7.8% |
| 2014 | $3,320 | $77,227 |
| 2013 | -- | $77,227 +3.6% |
| 2012 | -- | $74,553 +8% |
| 2011 | -- | $69,059 +7.9% |
| 2010 | -- | $64,031 +7.8% |
| 2009 | -- | $59,406 |
| 2008 | -- | $59,406 +3.6% |
| 2007 | -- | $57,349 +8% |
| 2006 | -- | $53,123 +7.9% |
| 2005 | -- | $49,255 +7.8% |
| 2004 | -- | $45,697 |
| 2003 | -- | $45,697 +3.6% |
| 2002 | -- | $44,115 +8% |
| 2001 | -- | $40,864 +7.9% |
| 2000 | -- | $37,889 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Midwood
Nearby schools
GreatSchools rating
- 4/10Ps 226 Alfred De B MasonGrades: PK-8Distance: 0.2 mi
- 4/10Edward R Murrow High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
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