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Off market
  • $498,400

    171 Malta St, Brooklyn, NY 11207

    2beds
    702sqft
    SingleFamily
    Built in 1901
    2,500 Square Feet Lot
    $498,400 Zestimate®
    $710/sqft
    $3,824 Estimated rent

    Home value

    $498,400

    $434,000 - $563,000

    $3,824/mo

    Zestimate® history
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    Owner options

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    $3,824/mo

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    $3,824/mo

    Rent Zestimate®

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    $2,977/mo

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    $2,977/mo

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    What's special

    Welcome to 171-175 Malta street in Brooklyn. Stunning, multi-lot investment opportunity, just hitting the market in red-hot East New York, close to all! Imagine that; two full 25 by 100 square foot lots directly next to each other. That's right, a whopping 5,000 square foot chunk of prime Brooklyn Real Estate. This is a very rare opportunity, complete with the extraordinary flexibility of M1-1 zoning, which would be perfect for commercial development, warehousing, or even advertising with its wide-reaching billboard exposure on Linden Boulevard, just around the corner! Or build out your own business, and utilize the space next-door for parking. So many possibilities! Currently, one lot has a spacious 3-bedroom, 3-bathroom single-family home with a fully finished basement, and the adjacent vacant lot rounds out this extremely impressive investment parcel! The house and adjacent vacant lot is rented for $2950. With 12,000 square feet of facility build-able potential, and an astonishing amount of versatility, it's not to be missed! Located just seconds from the busy and accessible intersection of Pennsylvania Avenue and Linden Boulevard, and a couple of blocks to the New Lots L train in one direction, and a few blocks to Linden Park in the other! Eye-popping potential, and all for under a million bucks! Don't hesitate, call today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 702 sqft

    Property

    Lot
    • Size: 2,500 sqft
    Details
    • Parcel number: 043430056

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    2/1/2022Listing removed--
    Source: StreetEasy Report a problem
    5/4/2020Listed for sale$899,000$1,281/sqft
    Source: Douglas Elliman #4177947 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,872 +1.8%$30,720 -6.6%
    2024$2,822 $32,880 +9.2%
    2023-- $30,120 -8.7%
    2022-- $33,000 +23.3%
    2021-- $26,760 +19.6%
    2020$2,257 +3.4%$22,380 -9.7%
    2019$2,182 -6.1%$24,780 +123%
    2018$2,325 +7.8%$11,114 +5.1%
    2017$2,156 +29.4%$10,578 +5.1%
    2016$1,666 $10,069 +0.2%
    2015$1,666 +69.3%$10,051 +3%
    2014$984 $9,759 +5.4%
    2013-- $9,262 +5.1%
    2012-- $8,815 +5.1%
    2011-- $8,391 +0.2%
    2010-- $8,376 +3%
    2009-- $8,133 +5.4%
    2008-- $7,719 +5.1%
    2007-- $7,346 +5%
    2006-- $6,993 +0.2%
    2005-- $6,980 +3%
    2004-- $6,778 +5.4%
    2003-- $6,433 +5.1%
    2002-- $6,122 +5%
    2001-- $5,828 +0.2%
    2000-- $5,817

    Find assessor info on the county website

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating