Welcome to this incredible opportunity to own a 2-family home (can be delivered vacant) on a 50x100 lot in a sought-after Cypress Hills neighborhood of Brooklyn! Situated in an R5B zoning district, this property offers great potential for investors or homeowners looking to expand. The first-floor unit features 4 spacious bedrooms and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom. Both units boast hardwood floors throughout, abundant natural light, and a well-maintained interior. Additionally, the home includes a NEWLY RENOVATED walk-in basement with a separate entrance, providing additional storage and space. The roof was replaced just 2 years ago, adding long-term value and peace of mind. The expansive lot includes multiple parking spaces, a rare and valuable asset in Brooklyn. Conveniently located just 4 blocks from the J & Z trains as well! Whether you’re an investor looking for development potential under R5B zoning or a homeowner seeking space and rental income, this property is a must-see
Pending
$1,320,000
203 Essex Street, Brooklyn, NY 11208
5beds
2,016sqft
Duplex, Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$655/sqft
$-- HOA
What's special
Abundant natural lightMultiple parking spacesWell-maintained interiorNewly renovated walk-in basementHardwood floorsExpansive lot
- 302 days
- 68
- 0
Zillow last checked:
Listing updated:
Listed by:
Elevated Homes Realty LLC 718-887-0078,
Alisa A. Mejia 347-880-4747
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 930551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Open Floorplan
- Basement: Finished
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 039570006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $655/sqft
- Tax assessed value: $59,700
- Annual tax amount: $3,331
- Date on market: 10/30/2025
- Cumulative days on market: 509 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Pending sale | $1,320,000$655/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #930551 Report a problem | ||
| 10/30/2025 | Listed for sale | $1,320,000+5.6%$655/sqft |
Source: OneKey® MLS as distributed by MLS GRID #930551 Report a problem | ||
| 10/3/2025 | Listing removed | $1,250,000$620/sqft |
Source: OneKey® MLS as distributed by MLS GRID #831150 Report a problem | ||
| 3/4/2025 | Listed for sale | $1,250,000+4.3%$620/sqft |
Source: OneKey® MLS as distributed by MLS GRID #831150 Report a problem | ||
| 5/20/2019 | Listing removed | $1,198,000$594/sqft |
Source: Legacy Real Estate Firm Inc #3101647 Report a problem | ||
| 2/15/2019 | Listed for sale | $1,198,000+99.7%$594/sqft |
Source: Legacy Real Estate Firm Inc #3101647 Report a problem | ||
| 3/6/2013 | Listing removed | $600,000$298/sqft |
Source: Exit Realty Success #2451418 Report a problem | ||
| 4/6/2012 | Price change | $600,000-11.8%$298/sqft |
Source: EXIT REALTY SUCCESS #2451418 Report a problem | ||
| 12/7/2011 | Listed for sale | $680,000+21.4%$337/sqft |
Source: EXIT REALTY SUCCESS #2451418 Report a problem | ||
| 8/24/2007 | Sold | $560,000+14.3%$278/sqft |
Source: Public Record Report a problem | ||
| 9/20/2005 | Sold | $490,000$243/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,327 -0.2% | $59,700 -4% |
| 2024 | $3,332 | $62,160 +2.6% |
| 2023 | -- | $60,600 +24.5% |
| 2022 | -- | $48,660 +5.5% |
| 2021 | -- | $46,140 +2% |
| 2020 | $2,957 +1.1% | $45,240 +24.2% |
| 2019 | $2,926 +7.2% | $36,420 +179.2% |
| 2018 | $2,729 +8.6% | $13,046 +5.8% |
| 2017 | $2,513 +10.4% | $12,330 +5.9% |
| 2016 | $2,277 | $11,643 |
| 2015 | $2,277 +62.3% | $11,643 +1.1% |
| 2014 | $1,403 | $11,520 +6% |
| 2013 | -- | $10,872 +5.8% |
| 2012 | -- | $10,275 +5.9% |
| 2011 | -- | $9,703 |
| 2010 | -- | $9,703 +1.1% |
| 2009 | -- | $9,600 +6% |
| 2008 | -- | $9,060 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East New York
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