Pending

$1,200,000

603 New Lots Ave, Brooklyn, NY 11207

--beds

3,200sqft

Mixed Use

Built in ----

2,000 Square Feet Lot

$984,000 Zestimate^®

$375/sqft

$-- HOA

What's special

Exceptional Investment Opportunity – 3-Family + Storefront Brick Building. This versatile mixed-use property offers strong appeal for end-users, investors, and developers alike. Featuring a 3-family layout plus a street-level store, the entire building is currently vacant and will be delivered as such—ideal for customized renovation or immediate occupancy. Located within easy reach of shopping centers, restaurants, public schools, and multiple transportation options, this property combines convenience with long-term growth potential. MLS Approve- No Financial provided due to the property is vacant

417 days
36
0

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 4
1/2 bathrooms: 4

Heating

Natural Gas, Steam/Radiator

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood
Basement: Unfinished

Interior area

Total structure area: 3,200
Total interior livable area: 3,200 sqft

Property

Parking

Parking features: Street, Other
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 2,000 Square Feet
Dimensions: 20x100
Features: Back Yard

Details

Foundation area: 1600
Parcel number: 040890030
Zoning: R5
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat

Utilities & green energy

Electric: Other

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $375/sqft
Tax assessed value: $498,000
Annual tax amount: $4,653
Date on market: 7/16/2025
Cumulative days on market: 418 days

Estimated market value

$984,000

$866,000 - $1.11M

$5,274/mo

Price history

Date	Event	Price
11/17/2025	Pending sale	$1,200,000$375/sqft
Source: BNYMLS #494155 Report a problem
7/16/2025	Listed for sale	$1,200,000$375/sqft
Source: BNYMLS #494155 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,999 +7.5%	$224,100 +20%
2024	$4,652	$186,750 +7.8%
2023	--	$173,250 +5.8%
2022	--	$163,800 +25.1%
2021	--	$130,950 +2.1%
2020	$3,856 +8%	$128,250 +19.9%
2019	$3,571	$106,920 +303.4%
2018	--	$26,507
2017	$3,371 +1.9%	$26,507 +3.2%
2016	$3,309	$25,682 +8%
2015	$3,309 +61.1%	$23,780 +8%
2014	$2,054	$22,020