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In contract
  • $1,100,000

    50 E 31st St, Brooklyn, NY 11226

    --beds
    --sqft
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    Multi Family
    Built in 1899
    -- sqft lot
    $1,086,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Finished basementClassic two-family brick townhouseAccess to backyard
    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.
    102 days
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    44
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    0
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    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

        $1,086,700

        $1.03M - $1.14M

        $3,536/mo

        Price history

        DateEventPrice
        5/30/2026Contingent$1,100,000
        Source: StreetEasy #S1819846 Report a problem
        4/9/2026Listed for sale$1,100,000+2.3%
        Source: StreetEasy #S1819846 Report a problem
        11/14/2025Listing removed$1,075,000
        Source: StreetEasy #S1771028 Report a problem
        7/8/2025Price change$1,075,000-14%
        Source: StreetEasy #S1771028 Report a problem
        5/14/2025Listed for sale$1,250,000+267.6%
        Source: StreetEasy #S1771028 Report a problem
        2/9/2007Sold$340,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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: Flatbush

        Getting around

        94 / 100
        Walker's Paradise
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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