1703 Foster Avenue presents a strong mixed use investment opportunity in the heart of Ditmas Park. This Brooklyn asset features a ground floor deli, two spacious two bedroom apartments above, and a full backyard, offering a rare blend of current income and future upside. In need of renovation and TLC, the property offers solid fundamentals, clear value add potential, unused FAR, and the possibility for expansion in the rear, subject to zoning and approvals. Located in a vibrant, transit rich neighborhood with strong residential demand and easy access throughout Brooklyn and Queens, this is an ideal opportunity for an investor seeking both immediate utility and long term growth.
In contract
$1,325,000
1703 Foster Ave, Brooklyn, NY 11230
4beds
3,000sqft
Multi Family
Built in 1933
-- sqft lot
$1,300,200 Zestimate®
$442/sqft
$-- HOA
What's special
Full backyardGround floor deli
- 150 days
- 66
- 1
Zillow last checked:
Listing updated:
Listed by:
Compass 646-404-1578,
Peter Athanasopoulos
Source: StreetEasy,MLS#: S1825247
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Features
- Has view: Yes
- View description: City, Garden
Details
- Parcel number: 052170036
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1933
Community & HOA
Community
- Subdivision: Ditmas Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $1,475,000
- Annual tax amount: $6,444
- Date on market: 4/29/2026
Estimated market value
$1,300,200
$1.24M - $1.37M
$4,563/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Contingent | $1,325,000$442/sqft |
Source: StreetEasy #S1825247 Report a problem | ||
| 4/29/2026 | Listed for sale | $1,325,000$442/sqft |
Source: StreetEasy #S1825247 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,444 +4.7% | $88,500 +10.2% |
| 2024 | $6,154 | $80,280 -8.9% |
| 2023 | -- | $88,140 +27.4% |
| 2022 | -- | $69,180 +10.9% |
| 2021 | -- | $62,400 +4.9% |
| 2020 | $5,728 +6% | $59,460 |
| 2019 | $5,404 +7.3% | $59,460 +146.9% |
| 2018 | $5,039 +8.8% | $24,087 +6% |
| 2017 | $4,632 +4.2% | $22,725 |
| 2016 | $4,444 | $22,725 +0.8% |
| 2015 | $4,444 +71.9% | $22,552 +6% |
| 2014 | $2,586 | $21,277 |
Find assessor info on the county website






