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Sold for $700,000
  • $700,000

    421 New Lots Ave, Brooklyn, NY 11207

    --beds
    2,856sqft
    Mixed Use
    Built in 1930
    2,052 Square Feet Lot
    $874,200 Zestimate®
    $245/sqft
    $5,233 Estimated rent

    Home value

    $874,200

    $761,000 - $997,000

    $5,233/mo

    Zestimate® history
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    What's special

    High-visibility streetFull unfinished basementOne bedroom apartment
    Full brick 3 unit mixed use building located in the rapidly developing neighborhood of East New York. This building offers an affordable opportunity for a new or seasoned investor. Situated on a high-visibility street with strong foot traffic and easy access to public transportation. The property features 2 one bedroom apartments. 1st floor features over 1400 Sq feet retail space (Currently occupied by a thriving nail salon). Full unfinished basement can be used for storage and houses the building's utilities. The building offers stable income and significant upside potential in an area poised for continued growth and revitalization. Just minutes from the Gateway Center Mall, major highways, and several transit options, this property sits in a strategic location within one of Brooklyn's most active commercial corridors.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Haskell,

    Century 21 Standard Real Estat

    Source: BNYMLS,MLS#: 492601MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Oil, Steam/Radiator
    Appliances
    • Included: Hot Water Coil in Boiler
    Features
    • Flooring: Carpet, Hardwood, Tile
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,856
    • Total interior livable area: 2,856 sqft

    Property

    Parking
    • Parking features: Street, Other
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,052 sqft
    • Dimensions: 21x97
    Details
    • Parcel number: 038410040
    • Zoning: R-6
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: 220 Volts

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn

    HOA & financial

    Other financial information
    • Total actual rent: 96000

    Price history

    DateEventPrice
    8/7/2025Sold$700,000-12.4%$245/sqft
    Source: BNYMLS #492601 Report a problem
    7/23/2025Pending sale$799,000$280/sqft
    Source: BNYMLS #492601 Report a problem
    5/9/2025Listed for sale$799,000-2%$280/sqft
    Source: BNYMLS #492601 Report a problem
    1/15/2021Listing removed$815,000$285/sqft
    Source: BNYMLS #437442 Report a problem
    3/11/2020Price change$815,000-1.2%$285/sqft
    Source: Excell Choice Realty #437442 Report a problem
    2/27/2020Price change$825,000+4.4%$289/sqft
    Source: Excell Choice Realty Report a problem
    11/11/2019Pending sale$790,000$277/sqft
    Source: Excell Choice Realty Report a problem
    7/17/2019Listed for sale$790,000$277/sqft
    Source: Excell Choice Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,530 +2.1%$43,440 +2%
    2024$3,458 $42,600 -6.7%
    2023-- $45,660 +4.2%
    2022-- $43,800 +12.3%
    2021-- $39,000 +29.5%
    2020$3,138 +3.3%$30,120
    2019$3,037 +7.2%$30,120 +122.5%
    2018$2,832 +3.7%$13,536 +1.1%
    2017$2,730 +6.6%$13,392 +2.3%
    2016$2,560 $13,094 +6%
    2015$2,560 +68%$12,355 +3.3%
    2014$1,524 $11,956

    Find assessor info on the county website

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating