Welcome to an enticing investment opportunity in Brooklyn, New York! Presenting 531 Chester St, a distinguished 9-bedroom, 5-bathroom townhouse that beckons investors seeking potential and value addition. Currently occupied by tenants until March 2024, this property is offered for sale in its existing condition, providing a canvas for modernization and enhancement.
With its expansive layout of 9 bedrooms and 5 bathrooms, this townhouse holds significant potential for an investor to add contemporary touches and amenities, thereby increasing its market value. The as-is sale allows for a seamless transition for both the current tenants and the incoming investor.
Imagine the possibilities of transforming this spacious residence into a modern urban oasis. Investors can capitalize on the existing structure, updating features, and incorporating contemporary design elements to elevate the property's appeal. From open-concept living spaces to state-of-the-art kitchen and bathroom renovations, the canvas is yours to redefine.
This property's prime location in Brooklyn ensures not only a great living space but also access to the vibrant local community and amenities. The neighborhood's charm combined with the potential for modern touches makes 531 Chester St an attractive investment opportunity.
Seize the chance to revitalize and add value to this 9-bedroom townhouse, setting the stage for a lucrative investment. Contact us today to explore how you can make this property a showcase of modern living in the heart of Brooklyn. Don't miss out on this exciting venture!
Sold for $800,000
$800,000
531 Chester St, Brooklyn, NY 11212
9beds
3,480sqft
Townhouse
Built in 1920
1 Acres Lot
$-- Zestimate®
$230/sqft
$3,764 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,764/mo
Zestimate® history
Owner options
List your home for rent
$3,764/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,764/mo
Rent Zestimate®
Refinance and save
$4,999/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,999/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 3,480 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 1 Acres
Details
- Parcel number: 036140020
Construction
Type & style
- Home type: Townhouse
Condition
- Year built: 1920
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $385,000
- Annual tax amount: $1,950
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2024 | Sold | $800,000-8.6%$230/sqft |
Source: Public Record Report a problem | ||
| 3/23/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/15/2024 | Listed for sale | $875,000-9.3%$251/sqft |
Source: Owner Report a problem | ||
| 4/26/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/26/2022 | Listed for sale | $965,000-3.5%$277/sqft |
Source: Owner Report a problem | ||
| 8/1/2021 | Listing removed | -- |
Source: | ||
| 2/28/2021 | Price change | $1,000,000-9.1%$287/sqft |
Source: JACQUES TONY #10963874 Report a problem | ||
| 2/8/2021 | Listed for sale | $1,100,000$316/sqft |
Source: JACQUES TONY #10963874 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,950 +2.7% | $173,250 +6.6% |
| 2024 | $1,899 | $162,450 +6.5% |
| 2023 | -- | $152,550 -15.9% |
| 2022 | -- | $181,350 +17.5% |
| 2021 | -- | $154,350 +238.5% |
| 2020 | $2,363 +6% | $45,600 +14.1% |
| 2019 | $2,230 +3.5% | $39,960 +288.2% |
| 2018 | $2,153 +5.1% | $10,293 +2.4% |
| 2017 | $2,050 +7.5% | $10,054 +3.1% |
| 2016 | $1,907 | $9,750 +4.8% |
| 2015 | $1,907 +66.6% | $9,303 +6% |
| 2014 | $1,144 | $8,778 +2.3% |
| 2013 | -- | $8,578 +2.4% |
| 2012 | -- | $8,379 +3.1% |
| 2011 | -- | $8,125 +4.8% |
| 2010 | -- | $7,753 +6% |
| 2009 | -- | $7,315 +2.3% |
| 2008 | -- | $7,149 +2.4% |
| 2007 | -- | $6,983 +3.1% |
| 2006 | -- | $6,771 +0.8% |
| 2005 | -- | $6,717 +91.5% |
| 2004 | -- | $3,507 +4.1% |
| 2003 | -- | $3,369 +4.3% |
| 2002 | -- | $3,230 +5.8% |
| 2001 | -- | $3,054 +1.5% |
| 2000 | -- | $3,009 |
Find assessor info on the county website
Neighborhood: Brownsville
Nearby homes
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- $1,400,3006 bd4 ba3.3k sqft525 Chester St #A, Brooklyn, NY 11212Off Market
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- $--1 bd1 ba-- sqft537 Chester St APT 1-F, Brooklyn, NY 11212Off Market
Nearby schools
GreatSchools rating
- 7/10Ps 41 Francis WhiteGrades: PK-5Distance: 0.1 mi
- 8/10Mott Hall IvGrades: 6-8Distance: 0.1 mi
- 5/10Brooklyn Democracy AcademyGrades: 9-12Distance: 0.2 mi
- New York
- Kings County
- New York
- 11212
- Brooklyn
- Brownsville
- 531 Chester St