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Off market
  • $1,080,800

    242 Fountain Ave, Brooklyn, NY 11208

    8beds
    2,640sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,080,800 Zestimate®
    $409/sqft
    $3,145 Estimated rent

    Home value

    $1,080,800

    $1.01M - $1.16M

    $3,145/mo

    Zestimate® history
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    $3,145/mo

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    $3,145/mo

    Rent Zestimate®

    Refinance and save

    $6,358/mo

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    $6,358/mo

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    What's special

    Modern luxuryFinished cellarLiberty avenueSpacious bedroomsFully tiled bathroomsBeautiful chefs granite kitchensRecessed lighting

    For further Information/showings please call or text Morris - 646-463-0717 or Shaikh - 718-790-1880 Opportunity Knocks! Space, Style & Modern luxury come together at 242 Fountain Avenue! A Rare to find, newly renovated 3 Story 2 Family townhouse nestled on a beautiful tree lined street of burgeoning East New York! Perfect opportunity for savvy real estate investors and primary home owners alike. Configured as (2) Three bedroom 1 bath units which have the opportunity to generate $6,000/month to assist with mortgage payments. The above ground walk in is configured as 2 bedroom 1 bath unit and can be used to generate additional income. The finished cellar can easily be used as storage space. All units enjoy expansive sun drenched living/dining areas which provide great space for entertaining. Beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry and adorned with full sized stainless steel appliances. Spacious bedrooms with ample closet space. Fully tiled bathrooms that boast state of the art wall & floor tiles & much more! 242 Fountain Avenue has been fully gutted & remodeled by an expert team of contractors featuring select wide oak wood flooring, recessed lighting, updated electrical, heating & plumbing systems throughout. This masterfully imagined townhouse is located with close proximity to major transportation which makes commuting a breeze. Pitkin Avenue, Euclid Avenue, Sutter Avenue, Liberty Avenue, Conduit service road, restaurants, cafes, parks, JFK Airport and many other vibrant neighborhood amenities.

    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: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Microwave
    Features
    • Flooring: Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,640 sqft

    Property

    Lot
    • Size: 1,999 Square Feet
    Details
    • Parcel number: 042280033
    • Lease amount: $0
    • Special conditions: Short Sale

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930
    • Major remodel year: 0

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $409/sqft
    • Tax assessed value: $1,118,000
    • Annual tax amount: $2,773
    • Date available: 02/01/2022

    Price history

    DateEventPrice
    5/3/2023Sold$940,000+1.2%$356/sqft
    Source: Public Record Report a problem
    2/21/2023Listed for sale$929,000+144.5%$352/sqft
    Source: StreetEasy Report a problem
    10/11/2022Sold$380,000+13.4%$144/sqft
    Source: Public Record Report a problem
    2/23/2022Listed for sale$335,000$127/sqft
    Source: NY State MLS #11056377 Report a problem
    3/14/2013Listing removed$1,399$1/sqft
    Source: Patrick's Properties Report a problem
    3/4/2013Listed for rent$1,399$1/sqft
    Source: Patrick's Properties Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,773 +0.1%$67,080 +26.5%
    2024$2,770 $53,040 -1.2%
    2023-- $53,700 -8.8%
    2022-- $58,860 +16.1%
    2021-- $50,700 -5.4%
    2020$2,465 +1.3%$53,580 +9.8%
    2019$2,433 +7%$48,780 +348.9%
    2018$2,273 +8.6%$10,866 +5.8%
    2017$2,093 +10.3%$10,268 +5.8%
    2016$1,897 $9,703
    2015$1,897 +62.4%$9,703 +1.3%
    2014$1,168 $9,578 +5.8%
    2013-- $9,055 +5.8%
    2012-- $8,557 +5.8%
    2011-- $8,086
    2010-- $8,086 +1.3%
    2009-- $7,982 +5.8%
    2008-- $7,546 +5.8%
    2007-- $7,131 +5.8%
    2006-- $6,739
    2005-- $6,739 +1.3%
    2004-- $6,652 +5.8%
    2003-- $6,289 +5.8%
    2002-- $5,943 +5.8%
    2001-- $5,616
    2000-- $5,616
    Find assessor info on the county website

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 000000

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.