Rare opportunity to restore a spacious 5-bedroom detached Colonial in the heart of Kensington. Ideally located just minutes from Prospect Park, neighborhood parks, shopping, dining, and public transportation, this property offers the perfect combination of location and potential. In need of a complete renovation, this home is ideal for investors, contractors, or end users looking to customize a home to their own style and specifications. The main level features a large eat-in kitchen, formal dining room, spacious living room, and an enclosed sunroom with access to the rear yard. The second floor offers three bedrooms and a full bath, while the third level includes two additional bedrooms. A full finished basement provides additional living or storage space. The home is heated by gas; however, all utilities are currently off. With its desirable detached layout, generous size, and prime Kensington location, this property presents an exceptional opportunity to restore and create lasting value.
Active
$1,200,000
342 E 5th St, Brooklyn, NY 11218
0beds
1,983sqft
Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$605/sqft
$-- HOA
What's special
Rear yardFormal dining roomLarge eat-in kitchenDesirable detached layout
- 8 days |
- 815 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Landmark 516-527-9549,
Dean Graber,
Evantz Saint-Gerard
Source: StreetEasy,MLS#: S1836330
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,983
- Total interior livable area: 1,983 sqft
Property
Details
- Parcel number: 053370067
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Kensington
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $1,833,000
- Annual tax amount: $7,524
- Date on market: 7/1/2026
Estimated market value
Not available
Estimated sales range
Not available
$4,302/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $1,200,000$605/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1020705 Report a problem | ||
| 6/20/2014 | Listing removed | $4,100$2/sqft |
Source: metropolitan property group Report a problem | ||
| 6/9/2014 | Listed for rent | $4,100$2/sqft |
Source: METROPOLITAN PROPERTY GROUP Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,100 +4.7% | $109,980 +26.6% |
| 2024 | $6,780 | $86,880 -5.4% |
| 2023 | -- | $91,800 +22.2% |
| 2022 | -- | $75,120 -8.8% |
| 2021 | -- | $82,380 +25% |
| 2020 | $6,016 +6.3% | $65,880 |
| 2019 | $5,658 +1.9% | $65,880 +148.2% |
| 2018 | $5,552 +2.6% | $26,541 |
| 2017 | $5,410 +11.6% | $26,541 +0.8% |
| 2016 | $4,847 | $26,339 +6% |
| 2015 | $4,847 +73.1% | $24,849 +6% |
| 2014 | $2,800 | $23,444 +6% |
| 2013 | -- | $22,118 |
| 2012 | -- | $22,118 +0.8% |
| 2011 | -- | $21,950 +6% |
| 2010 | -- | $20,708 +6% |
| 2009 | -- | $19,537 +6% |
| 2008 | -- | $18,432 |
| 2007 | -- | $18,432 +0.8% |
| 2006 | -- | $18,292 +6% |
| 2005 | -- | $17,257 +6% |
| 2004 | -- | $16,281 +6% |
| 2003 | -- | $15,360 |
| 2002 | -- | $15,360 +0.8% |
| 2001 | -- | $15,244 +6% |
| 2000 | -- | $14,382 |
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Kensington
Nearby schools
GreatSchools rating
- 6/10Ps 130 The ParksideGrades: PK-5Distance: 0.4 mi
- 8/10Middle 839Grades: 6-8Distance: 0.3 mi
- NAWest Brooklyn Community High SchoolGrades: 10-11Distance: 0.9 mi
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