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For sale
  • $1,300,000

    175 Chestnut St, Brooklyn, NY 11208

    8beds
    --sqft
    Loading
    Multi Family
    Built in 1901
    -- sqft lot
    $1,265,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private rear yardSolid brick constructionGas baseboard heatRefrigerator and stove appliancesThree spacious residential unitsFlexible layoutsGenerous room sizes
    Welcome to 175 Chestnut Street, a rare fully vacant 3-family brick property in the heart of Cypress Hills, Brooklyn. Situated on a 20’ x 100’ lot, this exceptional income-producing property offers outstanding potential for investors, developers, or owner-occupants seeking space, flexibility, and long-term value. The building features three spacious residential units consisting of one 2-bedroom apartment and two 3-bedroom apartments, plus a finished basement offering an additional 2 rooms and 1 bathroom, bringing the property to a total of 5 bedrooms and 3 bathrooms. Each apartment offers generous room sizes and flexible layouts, while the finished basement provides additional space, recreation, storage, or workspace possibilities. The ground level also enjoys access to a private rear yard, perfect for outdoor enjoyment. Additional features include solid brick construction, hardwood, tile and carpet flooring, gas baseboard heat, 220-volt electric service, refrigerator and stove appliances, asphalt/flat roof, and low annual taxes of only $8,045. Delivered completely vacant at closing, the new owner will have the freedom to select tenants, renovate to maximize value, or occupy one unit while generating income from the others. Conveniently located near Fulton Street, public transportation, shopping, restaurants, schools, parks, and neighborhood amenities. This is a rare opportunity to acquire a large multi-family property in one of Brooklyn’s growing neighborhoods. Schedule your private showing today. Property Highlights ? Fully Vacant 3-Family Brick Property ? 10 Bedrooms Total ? 5 Full Bathrooms + 1 Half Bath ? Finished Basement with 2 extra rooms & 1 Bath ? Private Backyard ? 20 x 100 Lot (2,000 SF) ? Gas Baseboard Heat ? 220V Electric Service ? Annual Taxes: $8,045 ? Prime Cypress Hills Location ? Near Fulton Street & Public Transportation MLS Approve-No Financial provide due to property being vacant.ded
    8 days
    |
    428
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker NY LLC 347-312-3458,

    Carol Delille 917-723-4847,

    Mina Abusafe 347-522-8360,

    Real Broker NY LLC

    Source: BNYMLS,MLS#: 503530MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Other, Baseboard
      Appliances
      • Included: Refrigerator, Stove, Gas Water Heater
      Features
      • Flooring: Hardwood, Tile, Other
      • Basement: Finished,Full

      Property

      Parking
      • Parking features: Street, Other
      • Has uncovered spaces: Yes
      Lot
      • Size: 2,000 Square Feet
      • Dimensions: 20x100
      • Features: Back Yard
      Details
      • Parcel number: 041280013
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Other
      • Foundation: Slab, Other
      • Roof: Flat,Other
      Condition
      • Year built: 1901

      Utilities & green energy

      • Electric: Other

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Tax assessed value: $986,000
      • Annual tax amount: $8,045
      • Date on market: 8/5/2026
      • Cumulative days on market: 8 days

        Estimated market value

        $1,265,900

        $1.20M - $1.33M

        $3,210/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$1,300,000+1.2%
        Source: BNYMLS #503530 Report a problem
        7/13/2026Listing removed$1,285,000
        Source: StreetEasy #S1801518 Report a problem
        6/5/2026Price change$1,285,000-0.4%
        Source: StreetEasy #S1801518 Report a problem
        12/2/2025Listed for sale$1,290,000
        Source: StreetEasy #S1801518 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,948 +4.6%$59,160 -0.4%
        2024$7,599 $59,400 -8.2%
        2023-- $64,680 -2.1%
        2022-- $66,060 +10.8%
        2021-- $59,640 +26.9%
        2020$7,066 +5.9%$46,980
        2019$6,674 +2.2%$46,980 +50.4%
        2018$6,533 +8.8%$31,230 +6%
        2017$6,007 +10.4%$29,467 +5.9%
        2016$5,441 $27,825 +0%
        2015$5,441 +62.3%$27,817 +5.9%
        2014$3,353 $26,275 +1%
        2013-- $26,025 +6%
        2012-- $24,556 +5.9%
        2011-- $23,188 +0%
        2010-- $23,181 +5.9%
        2009-- $21,896 +1%
        2008-- $21,688 +6%
        2007-- $20,464 +5.9%
        2006-- $19,324 +0%
        2005-- $19,318 +5.9%
        2004-- $18,247 +1%
        2003-- $18,074 +6%
        2002-- $17,054 +5.9%
        2001-- $16,104 +0%
        2000-- $16,099
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East New York

        Getting around

        78 / 100
        Very Walkable
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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