Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot. Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation.
The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout. The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability.
This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights’ continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside.
Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn.
A true fixer-upper with significant potential in one of Brooklyn’s most desirable neighborhoods.
For sale
$1,700,000
38 Stoddard Place, Brooklyn, NY 11225
--beds
--baths
2,320sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$733/sqft
$-- HOA
What's special
High ceilingsSeparate entrancesQuiet residential blockTwo full-floor apartments
- 228 days
- 237
- 6
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Liberty 718-848-4700,
James Russo 347-967-8334,
Davidson Joseph 917-415-1060,
Keller Williams Realty Greater
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 942100
Facts & features
Interior
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom
- Basement: None
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,400 Square Feet
Details
- Parcel number: 013040037
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $733/sqft
- Tax assessed value: $104,220
- Annual tax amount: $7,681
- Date on market: 1/12/2026
- Cumulative days on market: 225 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 |
|---|---|---|
| 1/12/2026 | Listed for sale | $1,700,000$733/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,915 +3% | $104,220 +26.6% |
| 2024 | $7,681 | $82,320 -16.9% |
| 2023 | -- | $99,120 +16.1% |
| 2022 | -- | $85,380 +12.4% |
| 2021 | -- | $75,960 -6.4% |
| 2020 | $7,036 +4.3% | $81,120 +25.8% |
| 2019 | $6,746 +7.3% | $64,500 +114.5% |
| 2018 | $6,290 +8.8% | $30,066 +6% |
| 2017 | $5,782 +4.4% | $28,365 +0.1% |
| 2016 | $5,540 | $28,334 +2.3% |
| 2015 | $5,540 +84.2% | $27,702 +4.3% |
| 2014 | $3,008 | $26,558 +6% |
| 2013 | -- | $25,056 +6% |
| 2012 | -- | $23,638 +0.1% |
| 2011 | -- | $23,612 +2.3% |
| 2010 | -- | $23,085 +4.3% |
| 2009 | -- | $22,132 +6% |
| 2008 | -- | $20,880 +6% |
| 2007 | -- | $19,699 +0.1% |
| 2006 | -- | $19,677 +2.3% |
| 2005 | -- | $19,238 +4.3% |
| 2004 | -- | $18,444 +6% |
| 2003 | -- | $17,400 +6% |
| 2002 | -- | $16,416 +0.1% |
| 2001 | -- | $16,398 +2.3% |
| 2000 | -- | $16,032 |
Find assessor info on the county website




