Asset CRG Advisors, LLC has been exclusively retained to market 649 Pine St., a 2-Family located in the East New York neighborhood of Brooklyn. The property will be delivered vacant and in need of a full gut renovation, providing a flexible footprint for repositioning or ground-up redevelopment.
Zoned R5, the property has an additional 1,400 square feet of unused FAR from the 2-Family, presenting a compelling opportunity for residential development or expansion beyond the existing built condition. The property benefit from efficient lot dimensions and strong redevelopment potential in a neighborhood experiencing continued public and private investment and growth.
Active
Price cut: $741K (7/9)
$759,000
649 Pine St, Brooklyn, NY 11208
2beds
1,600sqft
Multi Family
Built in 1940
-- sqft lot
$1,458,700 Zestimate®
$474/sqft
$-- HOA
What's special
Two-family buildingEfficient lot dimensionsThree contiguous lots
- 8 days |
- 283 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Asset CRG Advisors, LLC 646-363-6175,
Sadya Liberow
Source: StreetEasy,MLS#: S1836366
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Details
- Parcel number: 044620049
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Community
- Subdivision: City Line
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $744,000
- Annual tax amount: $4,350
- Date on market: 7/2/2026
Estimated market value
$1,458,700
$1.39M - $1.53M
$2,636/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $759,000-49.4%$474/sqft |
Source: StreetEasy #S1836366 Report a problem | ||
| 7/2/2026 | Listed for sale | $1,499,999+402.5%$937/sqft |
Source: StreetEasy #S1836366 Report a problem | ||
| 8/6/2019 | Listing removed | $298,500$187/sqft |
Source: SOWAE CORP #10559957 Report a problem | ||
| 7/30/2019 | Listed for sale | $298,500$187/sqft |
Source: SOWAE CORP #10559957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,350 -1.2% | $44,640 +17.2% |
| 2024 | $4,403 | $38,100 -8.9% |
| 2023 | -- | $41,820 +4.3% |
| 2022 | -- | $40,080 +29.7% |
| 2021 | -- | $30,900 +1.8% |
| 2020 | $3,867 | $30,360 +0.8% |
| 2019 | $3,867 +2.2% | $30,120 +66.5% |
| 2018 | $3,785 +8.7% | $18,093 +6% |
| 2017 | $3,481 +10.4% | $17,076 +5.9% |
| 2016 | $3,153 | $16,123 +5.9% |
| 2015 | $3,153 +62.3% | $15,225 |
| 2014 | $1,943 | $15,225 +1% |
| 2013 | -- | $15,078 +6% |
| 2012 | -- | $14,230 +5.9% |
| 2011 | -- | $13,436 +5.9% |
| 2010 | -- | $12,688 |
| 2009 | -- | $12,688 +1% |
| 2008 | -- | $12,565 +6% |
| 2007 | -- | $11,859 +5.9% |
| 2006 | -- | $11,197 +5.9% |
| 2005 | -- | $10,574 |
| 2004 | -- | $10,574 +1% |
| 2003 | -- | $10,471 +5.9% |
| 2002 | -- | $9,883 +5.9% |
| 2001 | -- | $9,331 +5.9% |
| 2000 | -- | $8,812 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East New York
Nearby schools
GreatSchools rating
- 4/10Ps 224 Hale A WoodruffGrades: PK-5Distance: 0.4 mi
- 7/10Van Siclen Community Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10The School For Classics: An Academy Of ThinkersGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
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