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
Pending
$1,300,000
175 Chestnut St, Brooklyn, NY 11208
8beds
--sqft
Multi Family
Built in 1901
-- sqft lot
$1,255,000 Zestimate®
$--/sqft
$-- HOA
What's special
Private rear yardSolid brick constructionGas baseboard heatRefrigerator and stove appliancesThree spacious residential unitsFlexible layoutsGenerous room sizes
- 53 days
- 247
- 8
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#: 503530
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: 54 days
Estimated market value
$1,255,000
$1.19M - $1.32M
$2,777/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $1,300,000 |
Source: | ||
| 8/5/2026 | Listed for sale | $1,300,000+1.2% |
Source: | ||
| 7/13/2026 | Listing removed | $1,285,000 |
Source: StreetEasy #S1801518 Report a problem | ||
| 6/5/2026 | Price change | $1,285,000-0.4% |
Source: StreetEasy #S1801518 Report a problem | ||
| 12/2/2025 | Listed for sale | $1,290,000 |
Source: StreetEasy #S1801518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







