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Off market
  • $3,519,500

    583 Bergen St, Brooklyn, NY 11238

    --beds
    0baths
    3,700sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $3,519,500 Zestimate®
    $951/sqft
    $5,976 Estimated rent

    Home value

    $3,519,500

    $2.96M - $4.19M

    $5,976/mo

    Zestimate® history
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    $20,987/mo

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    $20,987/mo

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    What's special

    Private backyard spaceProspect parkGarden-to-table menuOutdoor dining spaceEndless local attractionsModern designBrooklyn museum

    Marcus and Millichap is proud to exclusively present 583 Bergen Street. This is a brand-new, completely gut-renovated 3-unit multifamily building in the heart of Prospect Heights. This stunning property is ideal for investors or end-users looking for additional cashflow while living in one of the most desirable locations in Brooklyn. This impressive property is a rare find, featuring three luxurious apartments spread across four floors. The interior has been updated to the highest standards, offering a perfect balance of classic and modern design. The open-concept living areas are spacious and inviting, providing the ideal space for entertaining and relaxation. The kitchens have been updated with state-of-the-art appliances, custom cabinetry, and stunning finishes, making them the perfect space for cooking and entertaining. The owner's duplex unit boasts private backyard space accessible from both the main floor and the basement area. Each apartment above features 2 bedrooms and offers plenty of cashflow to more than cover the mortgage and expenses. The apartments are currently leased up and cashflowing. The property is extremely efficient and minimally expensive to operate. Taxes are approximately $8,500 and all units are separately metered. The property is also a short walk from the 2, 3, 4, 5 and Franklin Ave subway lines making it easy to get all over Brooklyn and into Manhattan in a matter of minutes. The nearby Atlantic Terminal also provides access to the Long Island Rail Road, making it easy to travel to Long Island and Upstate. Located on a tree-lined block between Vanderbilt and Carlton, two of Prospect Heights most prolific Avenues, 583 Bergen is just steps away from the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park, offering endless opportunities for outdoor activities, cultural experiences, and entertainment. The neighborhood is also home to some of the best restaurants and bars in Brooklyn. Just a few blocks away is Olmsted, a popular restaurant that features a garden-to-table menu and outdoor dining space. Those looking for a lively night out can head to Weather Up, a trendy cocktail bar that serves up expertly crafted drinks in a stylish setting. Overall, this beautifully modern renovated 3-unit multifamily is an exceptional opportunity for anyone seeking a home that offers luxury, comfort, and convenience. With its prime location, stunning design, and endless local attractions, this property is sure to capture the hearts of buyers looking for the best of what Brooklyn has to offer. Don't miss out on this rare opportunity to own a piece of one of Brooklyn's most desirable neighborhoods while also generating income.

    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
    • Bathrooms: 0
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 3,700 sqft

    Property

    Lot
    • Size: 1,480 Square Feet
    Details
    • Parcel number: 011370084

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $951/sqft
    • Tax assessed value: $3,744,000
    • Annual tax amount: $10,073

    Price history

    DateEventPrice
    7/24/2023Listing removed--
    Source: StreetEasy Report a problem
    4/18/2023Listed for sale$3,750,000-6.1%$1,014/sqft
    Source: StreetEasy Report a problem
    10/2/2022Listing removed--
    Source: StreetEasy Report a problem
    7/3/2022Listed for sale$3,995,000+142.1%$1,080/sqft
    Source: StreetEasy Report a problem
    6/29/2015Sold$1,650,000-25%$446/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L2739758 Report a problem
    1/3/2015Price change$2,200,000-8.3%$595/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem
    12/13/2014Price change$2,400,000-11.1%$649/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem
    11/21/2014Price change$2,699,900-10%$730/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem
    10/14/2014Price change$2,999,9900%$811/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem
    10/6/2014Price change$3,000,000-14.3%$811/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem
    8/18/2014Listed for sale$3,500,000$946/sqft
    Source: Dream Makers Real Estate LLC #2699444 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,073 +4.7%$224,640 +26.6%
    2024$9,618 $177,420 +4.2%
    2023-- $170,220 +3.7%
    2022-- $164,100 +7.6%
    2021-- $152,580 -1.2%
    2020$8,233 +106.1%$154,380 +11.7%
    2019$3,994 +2.2%$138,240 +639.7%
    2018$3,909 +8.7%$18,688 +5.9%
    2017$3,597 +10.4%$17,644 +5.9%
    2016$3,258 $16,660 +6%
    2015$3,258 +476.5%$15,724
    2014$565 $15,724 +1%
    2013-- $15,574 +5.9%
    2012-- $14,704 +5.9%
    2011-- $13,884 +6%
    2010-- $13,104
    2009-- $13,104 +1%
    2008-- $12,979 +5.9%
    2007-- $12,254 +5.9%
    2006-- $11,570 +6%
    2005-- $10,920
    2004-- $10,920 +1%
    2003-- $10,816 +5.9%
    2002-- $10,212 +5.9%
    2001-- $9,642 +6%
    2000-- $9,100
    Find assessor info on the county website

    Neighborhood: Prospect Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Community District 13

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.