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  • Price cut: $100K (6/16)
    $4,048,000

    504 Beverley Rd, Brooklyn, NY 11218

    9beds
    3,384sqft
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    Multi Family
    Built in 1930
    -- sqft lot
    $2,585,600 Zestimate®
    $1,196/sqft
    $-- HOA

    What's special

    **Prime Kensington 3‐Unit Dutch Colonial Property on oversized lot of 8000 sf With Exceptional Development Potential - Approx. 16,000 Buildable SF** (plans avialable upon request) Introducing a rare opportunity in the heart of **Kensington, Brooklyn** - a solid **3‐family home** situated on a highly desirable block, offering both immediate rental income and extraordinary long‐term upside. What truly elevates this offering and sets this property apart for other homes in the area is its remarkable development potential. With an estimated ~16,000 buildable square feet (subject to architeect and DOB Approval) This well‐maintained property features **three spacious residential units**, ideal for end‐users, investors, or those seeking a value‐add project. The layout provides flexibility for owner occupancy, strong rental demand, or full redevelopment. What truly sets this property apart is its **remarkable development potential**. With an estimated **~16,000 buildable square feet**, this site presents a unique chance for developers to create a boutique residential building, luxury rentals, condos, or a mixed‐use concept (subject to zoning verification). The property includes ample private parking a double car garage and aditional parking in the yard, a highly sought‐after amenity in this part of Brooklyn. The driveway and on‐site parking area comfortably accommodate multiple vehicles, providing convenience for current residents and future development plans. Currently generates high monthly income (contact for details)
    31 days
    |
    98
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Y H Real Estate 646-339-5358,

    Yakov Hershkowitz

    Source: StreetEasy,MLS#: S1829277

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 9
      • Full bathrooms: 6
      • 1/2 bathrooms: 3
      Interior area
      • Total structure area: 3,384
      • Total interior livable area: 3,384 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Patio & porch: Other, Terrace
      • Exterior features: Courtyard, Balcony, Garden, Terrace
      • Has view: Yes
      • View description: City
      Details
      • Parcel number: 053570001
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: Kensington
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,196/sqft
      • Tax assessed value: $2,800,000
      • Annual tax amount: $12,713
      • Date on market: 5/20/2026

        Estimated market value

        $2,585,600

        $2.15M - $3.05M

        $4,347/mo

        Price history

        DateEventPrice
        6/16/2026Price change$4,048,000-2.4%$1,196/sqft
        Source: StreetEasy #S1829277 Report a problem
        6/7/2026Price change$4,148,000-2.4%$1,226/sqft
        Source: StreetEasy #S1829277 Report a problem
        5/28/2026Price change$4,248,000-1.2%$1,255/sqft
        Source: StreetEasy #S1829277 Report a problem
        5/20/2026Listed for sale$4,298,000-13.9%$1,270/sqft
        Source: StreetEasy #S1829277 Report a problem
        11/9/2025Listing removed$4,990,000$1,475/sqft
        Source: OneKey® MLS as distributed by MLS GRID #901004 Report a problem
        8/13/2025Listed for sale$4,990,000-9.3%$1,475/sqft
        Source: OneKey® MLS as distributed by MLS GRID #901004 Report a problem
        7/26/2025Listing removed$5,500,000$1,625/sqft
        Source: BNYMLS #492161 Report a problem
        4/25/2025Listed for sale$5,500,000-8.3%$1,625/sqft
        Source: BNYMLS #492161 Report a problem
        8/2/2024Listing removed$6,000,000$1,773/sqft
        Source: BNYMLS #482371 Report a problem
        5/28/2024Listed for sale$6,000,000+1526%$1,773/sqft
        Source: BNYMLS #482371 Report a problem
        2/6/1997Sold$369,000$109/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,713 +4.3%$168,000 +21.8%
        2024$12,187 $137,940 +13.4%
        2023-- $121,620 +22.2%
        2022-- $99,540 -8.8%
        2021-- $109,140 +15.2%
        2020$11,301 +5.6%$94,740 -5.4%
        2019$10,703 +1.2%$100,140 +98%
        2018$10,578 +3.8%$50,566 +1.2%
        2017$10,191 +10.5%$49,991 +6%
        2016$9,222 $47,162 +6%
        2015$9,222 +62.1%$44,493 +5.6%
        2014$5,688 $42,139
        2013-- $42,139 +1.1%
        2012-- $41,660 +6%
        2011-- $39,302 +6%
        2010-- $37,078 +5.6%
        2009-- $35,116
        2008-- $35,116 +1.1%
        2007-- $34,717 +6%
        2006-- $32,752 +6%
        2005-- $30,899 +5.6%
        2004-- $29,264
        2003-- $29,264 +0.5%
        2002-- $29,130 +9%
        2001-- $26,727 +11%
        2000-- $24,083

        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: Kensington

        Getting around

        94 / 100
        Walker's Paradise
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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