Attention Developers, Investors and End-users Full Possession
Prime East New York -- Pennsylvania Avenue - a main artery of the area with amazing street visibility. This property has great building possibilities and with the current zoning allowances profit potentials can be maximized.
Two and a half story 2 residential units with potential for an additional 14,000 buildable sq ft in a prime East New York location.
Email to set up appointments.
Sold for $1,650,000
$1,650,000
318 Pennsylvania Ave, Brooklyn, NY 11207
6beds
3,500sqft
MultiFamily
Built in 1910
-- sqft lot
$1,506,900 Zestimate®
$471/sqft
$3,929 Estimated rent
Home value
$1,506,900
$1.31M - $1.72M
$3,929/mo
Zestimate® history
Owner options
List your home for rent
$3,929/mo
Rent Zestimate®
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$3,929/mo
Rent Zestimate®
Refinance and save
$9,824/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,824/mo
Est. payment
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List your homeWhat's special
Buildable sq ft
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total interior livable area: 3,500 sqft
Property
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 037540035
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $1,233,000
- Annual tax amount: $5,545
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | $1,650,000-13.2%$471/sqft |
Source: Public Record Report a problem | ||
| 7/16/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 3/9/2023 | Listed for sale | $1,900,000-9.5%$543/sqft |
Source: StreetEasy Report a problem | ||
| 1/20/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/11/2022 | Listed for sale | $2,100,000$600/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,545 -0.3% | $73,980 +26.3% |
| 2024 | $5,563 | $58,560 +14.3% |
| 2023 | -- | $51,240 -3.2% |
| 2022 | -- | $52,920 -5% |
| 2021 | -- | $55,680 +9.8% |
| 2020 | $4,929 +0.9% | $50,700 -2.5% |
| 2019 | $4,885 +7.1% | $52,020 +138.7% |
| 2018 | $4,559 +8.7% | $21,795 +6% |
| 2017 | $4,193 +10.5% | $20,571 +6% |
| 2016 | $3,795 | $19,407 |
| 2015 | $3,795 +90.4% | $19,407 +0.9% |
| 2014 | $1,993 | $19,233 +5.9% |
| 2013 | -- | $18,163 +5.9% |
| 2012 | -- | $17,143 +6% |
| 2011 | -- | $16,173 |
| 2010 | -- | $16,173 +0.9% |
| 2009 | -- | $16,028 +5.9% |
| 2008 | -- | $15,136 +5.9% |
| 2007 | -- | $14,286 +6% |
| 2006 | -- | $13,478 |
| 2005 | -- | $13,478 +0.9% |
| 2004 | -- | $13,357 +5.9% |
| 2003 | -- | $12,614 +6% |
| 2002 | -- | $11,905 +6% |
| 2001 | -- | $11,232 |
| 2000 | -- | $11,232 |
Find assessor info on the county website
Neighborhood: East New York
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Nearby schools
GreatSchools rating
- 9/10Ps 328 Phyllis WheatleyGrades: PK-5Distance: 0.2 mi
- 5/10Jhs 292 Margaret S DouglasGrades: 6-8Distance: 0.2 mi
- NABARD HIGH SCHOOL EARLY COLLEGE BROOKLYNGrades: 9,11Distance: 0.2 mi
- New York
- Kings County
- New York
- 11207
- Brooklyn
- East New York
- 318 Pennsylvania Ave
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