**– Income-Producing Property (Subject to Court Approval)**
Strong value-add opportunity for a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion.
All property details are subject to independent verification by the buyer and their representative.
**Sale is contingent upon third-party court approval (not a short sale).**
**Property Layout:**
ACCESS TO ALL UNITS****
* **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom
* **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom
* **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom
**Investment Highlights:**
* Multi-unit configuration with strong rental potential
* Full finished basement – additional usable space
* Shared driveway access
* Detached 2-car garage (roof replaced in 2021)
* Opportunity to increase rents and maximize NOI
**Showing Instructions (Strictly Enforced):**
* Do not approach or question tenants under any circumstances
* All inquiries must be directed to the listing broker
* Buyers must be accompanied by their agent—no exceptions
* All visitors must sign in prior to entry
* Shoes must be removed when entering the 1st and 2nd floors
**Important:**
Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS.
Serious, Proof of funds recommended with all offers.
For sale
Price cut: $30K (9/5)
$1,150,000
568 Drew Street, Brooklyn, NY 11208
8beds
2,500sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$460/sqft
$-- HOA
What's special
Shared driveway access
- 434 days
- 543
- 17
Zillow last checked:
Listing updated:
Listed by:
Prime Place Realty 718-480-8280,
Brian McCaffrey 718-480-8282
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 896346
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Features
- Open Floorplan, Storage
- Flooring: Ceramic Tile
- Windows: Double Pane Windows
- Basement: Partially Finished
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Shared Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: None
- Fencing: Brick
Lot
- Size: 2,248 Square Feet
- Dimensions: 20 x 58
- Features: Back Yard, Near Public Transit, Near School, Near Shops
Details
- Parcel number: 3042250030
- Special conditions: Probate Listing,Third Party Approval
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- Updated/Remodeled
- Year built: 1930
- Major remodel year: 2022
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public
Community & HOA
HOA
- Amenities included: None
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $460/sqft
- Tax assessed value: $422,000
- Annual tax amount: $5,811
- Date on market: 8/1/2025
- Cumulative days on market: 224 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Contract,Conventional,FHA
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $1,150,000-2.5%$460/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $1,180,000$472/sqft |
Source: | ||
| 9/24/2025 | Pending sale | $1,180,000$472/sqft |
Source: | ||
| 8/1/2025 | Listed for sale | $1,180,000$472/sqft |
Source: | ||
| 8/1/2025 | Listing removed | $1,180,000$472/sqft |
Source: | ||
| 7/31/2025 | Listed for sale | $1,180,000+143.3%$472/sqft |
Source: | ||
| 11/17/2004 | Sold | $485,000+27.3%$194/sqft |
Source: Public Record Report a problem | ||
| 1/30/2004 | Sold | $381,100$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,068 +7.5% | $189,900 +19.9% |
| 2024 | $5,647 | $158,400 -20% |
| 2023 | -- | $198,000 -10.2% |
| 2022 | -- | $220,500 +27.6% |
| 2021 | -- | $172,800 +19.9% |
| 2020 | $3,804 +8.7% | $144,180 |
| 2019 | $3,501 | $144,180 +315% |
| 2018 | -- | $34,743 +3.2% |
| 2017 | $4,282 +151.3% | $33,666 +8% |
| 2016 | $1,704 | $31,173 +8% |
| 2015 | $1,704 +24% | $28,864 +8% |
| 2014 | $1,374 | $26,726 +8% |
| 2013 | -- | $24,747 +6% |
| 2012 | -- | $23,347 |
| 2011 | -- | $23,347 +0.8% |
| 2010 | -- | $23,155 +5.9% |
| 2009 | -- | $21,860 +6% |
| 2008 | -- | $20,623 +6% |
| 2007 | -- | $19,456 |
| 2006 | -- | $19,456 +0.8% |
| 2005 | -- | $19,296 +5.9% |
| 2004 | -- | $18,217 +6% |
| 2003 | -- | $17,186 +6% |
| 2002 | -- | $16,214 |
| 2001 | -- | $16,214 +0.8% |
| 2000 | -- | $16,080 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East New York
Nearby schools
Schools provided by the listing agent
- Elementary: East New York Elementary-Excellence
- Middle: East New York Middle Sch-Excellence
- High: Brooklyn School For Math And Research (The)
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




