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Off market
  • $1,420,100

    524 Midwood St, Brooklyn, NY 11225

    3beds
    2baths
    3,577sqft
    Townhouse
    Built in 1915
    2,000 Square Feet Lot
    $1,420,100 Zestimate®
    $397/sqft
    $4,257 Estimated rent

    Home value

    $1,420,100

    $1.18M - $1.70M

    $4,257/mo

    Zestimate® history
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    $4,257/mo

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    Rent Zestimate®

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    $8,403/mo

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    $8,403/mo

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    What's special

    The subject property is a two-story 20'x41' townhouse on a 100' deep lot with custom brick work and a huge backyard. It offers great potential for an investor looking to develop a high yield rental property or boutique condo or an end-user looking to purchase their own dream home in this exciting neighborhood. The zoning is R6, allowing 2.43 Residential FAR or 4,860sq.ft. of allowed usable floor area. For the end-user, the boiler is five years old and a new hot water heater was installed two years ago. The property is currently being used as a single family with three bedrooms, a living room and full bath over a kitchen, full bath, entertainment room, and mechanical room.Prospect Lefferts Gardens is experiencing a renaissance with numerous new condo and rental projects, record-setting prices for single family townhouses, and a rapidly changing retail landscape. With proximity to Prospect Park and easy access to the 2 and 5 express trains to Manhattan, the location offers incredibly upside.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 3,577 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 048030035

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    8/15/2017Sold$800,000-3.6%$224/sqft
    Source: Public Record Report a problem
    7/25/2017Pending sale$830,000$232/sqft
    Source: Halstead Property #16517341 Report a problem
    6/22/2017Price change$830,000-7.7%$232/sqft
    Source: Halstead Property #16517341 Report a problem
    4/18/2017Listed for sale$899,000+877.2%$251/sqft
    Source: Halstead Property #16517341 Report a problem
    8/29/1995Sold$92,000+9100%$26/sqft
    Source: Public Record Report a problem
    3/27/1995Sold$1,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,741 -0.5%$490,500 +20%
    2024$15,821 $408,600 -20%
    2023-- $510,750 +18.4%
    2022-- $431,550 +6.3%
    2021-- $405,900 +60.5%
    2020$4,845 +42%$252,900 +616.8%
    2019$3,413 +7.2%$35,280 +131.7%
    2018$3,185 +8.6%$15,225 +5.8%
    2017$2,933 +24.7%$14,389 +5.9%
    2016$2,353 $13,584
    2015$2,353 +66%$13,584 +1.1%
    2014$1,417 $13,436 +5.9%
    2013-- $12,688 +5.8%
    2012-- $11,991 +5.9%
    2011-- $11,320
    2010-- $11,320 +1.1%
    2009-- $11,197 +5.9%
    2008-- $10,574 +5.8%
    2007-- $9,993 +5.9%
    2006-- $9,434
    2005-- $9,434 +1.1%
    2004-- $9,331 +5.9%
    2003-- $8,812 +5.8%
    2002-- $8,328 +5.9%
    2001-- $7,862
    2000-- $7,862

    Find assessor info on the county website

    Neighborhood: Wingate

    Nearby schools

    GreatSchools rating