487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn
Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.
The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 7.2% cap rate.
The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard
The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.
Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.
Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.
Active
Price cut: $26K (6/1)
$1,299,000
487 Hart St, Brooklyn, NY 11221
6beds
1,680sqft
Multi Family
Built in 1901
-- sqft lot
$1,305,900 Zestimate®
$773/sqft
$-- HOA
What's special
Two-family stucco townhouseHardwood floors throughoutRenovated kitchens and bathroomsHardwood floors
- 84 days |
- 619 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Corcoran 917-397-4014,
Jacob Henderson
Source: StreetEasy,MLS#: S1819910
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
Details
- Parcel number: 032140038
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Bushwick
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $773/sqft
- Tax assessed value: $1,320,000
- Annual tax amount: $4,944
- Date on market: 4/5/2026
Estimated market value
$1,305,900
$1.24M - $1.37M
$4,446/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $1,299,000-2%$773/sqft |
Source: StreetEasy #S1819910 Report a problem | ||
| 5/14/2026 | Price change | $1,325,000-5%$789/sqft |
Source: StreetEasy #S1819910 Report a problem | ||
| 4/5/2026 | Listed for sale | $1,395,000+17.2%$830/sqft |
Source: StreetEasy #S1819910 Report a problem | ||
| 7/3/2019 | Sold | $1,190,000-4.8%$708/sqft |
Source: Public Record Report a problem | ||
| 2/12/2019 | Price change | $1,250,000-0.8%$744/sqft |
Source: Keller Williams NYC #228203 Report a problem | ||
| 1/17/2019 | Listed for sale | $1,260,000+27%$750/sqft |
Source: Keller Williams NYC #228203 Report a problem | ||
| 1/26/2015 | Sold | $992,000-0.3%$590/sqft |
Source: Public Record Report a problem | ||
| 11/1/2014 | Listed for sale | $995,000$592/sqft |
Source: Easy Way Homes Inc #2713872 Report a problem | ||
| 10/31/2014 | Pending sale | $995,000$592/sqft |
Source: Bedford Brownstone Realty #2713872 Report a problem | ||
| 9/12/2014 | Listed for sale | $995,000+42%$592/sqft |
Source: Bedford Brownstone Realty #10904718 Report a problem | ||
| 7/30/2014 | Sold | $700,500-35.7%$417/sqft |
Source: Public Record Report a problem | ||
| 7/22/2014 | Price change | $1,089,000+11.2%$648/sqft |
Source: Bedford Brownstone Realty Report a problem | ||
| 7/10/2014 | Listed for sale | $979,000+35%$583/sqft |
Source: Bedford Brownstone Realty Report a problem | ||
| 11/12/2013 | Listing removed | $725,000$432/sqft |
Source: The Corcoran Group #2693121 Report a problem | ||
| 7/9/2013 | Listed for sale | $725,000+45.3%$432/sqft |
Source: The Corcoran Group #261296 Report a problem | ||
| 12/24/2010 | Listing removed | $499,000$297/sqft |
Source: Ditmas Estates LLC Report a problem | ||
| 6/26/2010 | Listed for sale | $499,000+10.9%$297/sqft |
Source: Ditmas Estates LLC Report a problem | ||
| 5/4/2010 | Listing removed | $450,000$268/sqft |
Source: Mark David & CO Report a problem | ||
| 10/14/2009 | Price change | $450,000+12.8%$268/sqft |
Source: Mark David & CO Report a problem | ||
| 10/9/2009 | Listed for sale | $399,000+39%$238/sqft |
Source: Mark David & CO Report a problem | ||
| 9/8/2009 | Sold | $287,000-50.1%$171/sqft |
Source: Public Record Report a problem | ||
| 11/3/2005 | Sold | $575,000+88.5%$342/sqft |
Source: Public Record Report a problem | ||
| 5/18/2005 | Sold | $305,000+107.5%$182/sqft |
Source: Public Record Report a problem | ||
| 7/24/1995 | Sold | $147,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,008 +4.7% | $79,200 +10.4% |
| 2024 | $4,782 | $71,760 -6.9% |
| 2023 | -- | $77,040 +7.5% |
| 2022 | -- | $71,640 +29.5% |
| 2021 | -- | $55,320 -19% |
| 2020 | $4,488 +0.4% | $68,280 |
| 2019 | $4,469 +122.9% | $68,280 +612.5% |
| 2018 | $2,005 +8.7% | $9,583 +5.9% |
| 2017 | $1,844 +10.5% | $9,045 +6% |
| 2016 | $1,669 | $8,536 +0% |
| 2015 | $1,669 +62.2% | $8,533 +0.9% |
| 2014 | $1,029 | $8,460 +5.9% |
| 2013 | -- | $7,986 +5.9% |
| 2012 | -- | $7,538 +6% |
| 2011 | -- | $7,114 +0% |
| 2010 | -- | $7,111 +0.9% |
| 2009 | -- | $7,050 +5.9% |
| 2008 | -- | $6,655 +5.9% |
| 2007 | -- | $6,282 +6% |
| 2006 | -- | $5,929 +0.1% |
| 2005 | -- | $5,926 +0.9% |
| 2004 | -- | $5,875 +5.9% |
| 2003 | -- | $5,546 +5.9% |
| 2002 | -- | $5,235 +6% |
| 2001 | -- | $4,941 +0% |
| 2000 | -- | $4,939 |
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: Bushwick
Nearby schools
GreatSchools rating
- 4/10Ps 274 KosciuskoGrades: PK-5Distance: 0.2 mi
- 4/10Is 349 Math Science And TechnologyGrades: 6-8Distance: 0.4 mi
- 3/10EBC High School for Public Service-BushwickGrades: 9-12Distance: 0.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
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