Welcome to 50 East 31st Street, a classic two-family brick townhouse located in the heart of Flatbush, Brooklyn. This income-producing property offers approximately 2,080 square feet of living space on a 20 × 100 lot. Ideal for both investors and owner-occupants, the property provides strong rental potential with flexible living arrangements.
Unit Breakdown
Unit 1 (Owner’s Unit / First Floor + Basement):
• Bedrooms: 2–3 (flex layout)
• Bathrooms: 1
• Access to backyard
• Finished basement (recreation/storage potential)
Unit 2 (Second Floor):
• Bedrooms: 2–3 (Railroad)
• Bathrooms: 1
• Bright, spacious layout with natural light
Building Details
• Approx. Building Size: 20 × 52 (2,080 sq ft)
• Lot Size: 20 × 100 (2,000 sq ft)
• Stories: 2
• Year Built: 1899
• Construction: Brick
• Heat Type: [Gas ]
• Separate Utilities: [Yes]
Zoning & Lot Info
• Zoning: R6 (Residential)
• FAR (Floor Area Ratio): Up to 2.43 (consult architect)
• Buildable Sq Ft: Potential for expansion (verify with architect)
Location Highlights
• Prime Flatbush location
• Close to 2 & 5 subway lines
• Near Nostrand Avenue retail corridor
• Proximity to schools, parks, and dining
• Easy commute to Manhattan
Excellent opportunity to own a solid two-family property in a rapidly appreciating Brooklyn neighborhood. Perfect for an end-user seeking rental income or an investor looking for strong cash flow and long-term appreciation. Property offers expansion potential (consult architect) and is delivered [vacant and or occupied.
Must RSVP by TEXT to six four six 709 four 22 seven with full name and pre-approval letter.
TEXT is better than CALLING. Because of the demand for this unit, please TEXT only.
The open house is by invite only – RSVP please by TEXT with your full name, credit, and pre approval letter.
In contract
$1,100,000
50 E 31st St, Brooklyn, NY 11226
--beds
--sqft
Multi Family
Built in 1899
-- sqft lot
$1,089,800 Zestimate®
$--/sqft
$-- HOA
What's special
Finished basementClassic two-family brick townhouseAccess to backyard
- 150 days
- 36
- 0
Zillow last checked:
Listing updated:
Listed by:
Belfon Realty 646-709-4227,
Karis Belfon
Source: StreetEasy,MLS#: S1819846
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 0
Property
Details
- Parcel number: 048840028
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Flatbush
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,105,000
- Annual tax amount: $6,651
- Date on market: 4/9/2026
Estimated market value
$1,089,800
$1.04M - $1.14M
$3,825/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Contingent | $1,100,000 |
Source: StreetEasy #S1819846 Report a problem | ||
| 4/9/2026 | Listed for sale | $1,100,000+2.3% |
Source: StreetEasy #S1819846 Report a problem | ||
| 11/14/2025 | Listing removed | $1,075,000 |
Source: StreetEasy #S1771028 Report a problem | ||
| 7/8/2025 | Price change | $1,075,000-14% |
Source: StreetEasy #S1771028 Report a problem | ||
| 5/14/2025 | Listed for sale | $1,250,000+267.6% |
Source: StreetEasy #S1771028 Report a problem | ||
| 2/9/2007 | Sold | $340,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,651 +4.7% | $66,300 +26.6% |
| 2024 | $6,351 | $52,380 +2.1% |
| 2023 | -- | $51,300 -1% |
| 2022 | -- | $51,840 +16.9% |
| 2021 | -- | $44,340 -17.6% |
| 2020 | $5,912 +6% | $53,820 +7.6% |
| 2019 | $5,578 +1.2% | $50,040 +89.9% |
| 2018 | $5,513 +3.4% | $26,352 +0.8% |
| 2017 | $5,331 +10.5% | $26,153 +6% |
| 2016 | $4,825 | $24,673 +6% |
| 2015 | $4,825 +58.8% | $23,277 +6% |
| 2014 | $3,039 | $21,960 -1.3% |
| 2013 | -- | $22,256 |
| 2012 | -- | $22,256 +0.8% |
| 2011 | -- | $22,086 +6% |
| 2010 | -- | $20,836 +6% |
| 2009 | -- | $19,658 +6% |
| 2008 | -- | $18,547 |
| 2007 | -- | $18,547 +0.8% |
| 2006 | -- | $18,405 +6% |
| 2005 | -- | $17,364 +6% |
| 2004 | -- | $16,382 +6% |
| 2003 | -- | $15,456 |
| 2002 | -- | $15,456 +0.8% |
| 2001 | -- | $15,339 +6% |
| 2000 | -- | $14,471 |
Find assessor info on the county website




