Notice: Owner/Seller is a New York State Licensed Real Estate Broker.
Prime Flatbush 2-Family Turnkey Investment or Live-In Income Opportunity!!
Discover the immense potential of 631 East 32nd Street, a substantial 2-family brick/frame residence situated on an oversized 4,100 square foot lot in the heart of Flatbush spanning approximately 3,065 square feet of interior living area.
This 2-story property provides an incredibly versatile footprint for end-users looking to collect rental income or investors looking to maximize yield in a high-demand Brooklyn rental market. The building's layout features two independent units with well-proportioned bedrooms, expansive living areas, and a massive footprint rarely found in the borough. Second floor Duplex can be renovated to convert the home from a 2 family into a legal 3 family. Finished basement with full bath. Outside, the rare, expansive lot size delivers exceptional backyard and outdoor possibilities.
Developers: ZONED R6 on active development block! Potential to acquire adjacent property to amass a 8200 sq ft lot.
Active
$1,398,000
631 E 32nd St, Brooklyn, NY 11210
8beds
3,065sqft
Multi Family
Built in 1920
-- sqft lot
$1,392,700 Zestimate®
$456/sqft
$-- HOA
What's special
Well-proportioned bedroomsTwo independent unitsRare expansive lot size
- 29 days
- 1,164
- 72
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
LKNG PROPERTIES 917-935-1268,
Dominic Codio
Source: StreetEasy,MLS#: S1848882
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Interior area
- Total structure area: 3,065
- Total interior livable area: 3,065 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other, Terrace
- Exterior features: Courtyard, Balcony, Terrace
Details
- Parcel number: 050070029
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Roof Rights
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Flatbush
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $456/sqft
- Tax assessed value: $1,092,000
- Annual tax amount: $7,385
- Date on market: 9/24/2026
Estimated market value
$1,392,700
$1.32M - $1.46M
$3,253/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $1,398,000+111.8%$456/sqft |
Source: StreetEasy #S1848882 Report a problem | ||
| 5/11/2007 | Sold | $660,000$215/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,385 +4.7% | $65,520 +15.1% |
| 2024 | $7,052 | $56,940 -17.6% |
| 2023 | -- | $69,120 -8.7% |
| 2022 | -- | $75,720 +7.7% |
| 2021 | -- | $70,320 +11.9% |
| 2020 | $6,565 +6% | $62,820 |
| 2019 | $6,193 +7.2% | $62,820 +127.6% |
| 2018 | $5,774 +8.8% | $27,604 +6% |
| 2017 | $5,309 +4.2% | $26,043 |
| 2016 | $5,092 | $26,043 +0.8% |
| 2015 | $5,092 +71.9% | $25,844 +6% |
| 2014 | $2,963 | $24,382 +6% |
| 2013 | -- | $23,004 +6% |
| 2012 | -- | $21,703 |
| 2011 | -- | $21,703 +0.8% |
| 2010 | -- | $21,537 +6% |
| 2009 | -- | $20,319 +6% |
| 2008 | -- | $19,170 +6% |
| 2007 | -- | $18,086 |
| 2006 | -- | $18,086 +0.8% |
| 2005 | -- | $17,948 +6% |
| 2004 | -- | $16,933 +6% |
| 2003 | -- | $15,975 +6% |
| 2002 | -- | $15,072 |
| 2001 | -- | $15,072 +0.8% |
| 2000 | -- | $14,957 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Flatbush
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