Discover an exceptional investment opportunity or the perfect place to call your first home in one of Brooklyn’s up-and-coming neighborhoods. This spacious house offers remarkable versatility, featuring two expansive apartments plus a fully finished basement—ideal for multi-generational living, extra rental income, or a comfortable home office setup.
Boasting a total of 8 bedrooms and 5 bathrooms, this property is designed to accommodate large families or generate impressive rental returns. The top floor shines with a modern 3-bedroom, 2-bath layout, highlighted by gleaming hardwood floors and dramatic floor-to-ceiling windows that flood the space with natural light. Entertain guests or enjoy family meals in the custom kitchen, complete with stylish cabinetry and ample workspace.
The first floor is an over sized 2 bedroom 2 bathroom apartment able to fetch over $3000 a month.
Parking is never an issue with a rare private driveway providing two dedicated parking spaces—a true luxury in Brooklyn. Situated on a generous 2,500 square foot lot, there’s ample space for gardening, gatherings, or even future expansion.
Whether you’re an investor seeking a high-potential rental property or a first-time buyer looking for flexible living options, this home checks every box. Enjoy the comfort and privacy of a house with the income-generating benefits of multiple units. With its desirable features, modern finishes, and unbeatable value, this property presents an unmissable opportunity. Schedule your tour today and imagine the possibilities that await in your new Brooklyn investment or residence!
Active
Price increase: $50K (9/22)
$1,199,000
656 Alabama Ave, Brooklyn, NY 11207
8beds
3,000sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
Dramatic floor-to-ceiling windowsStylish cabinetryFully finished basementAmple workspaceSpacious houseAmple space for gardeningTwo dedicated parking spaces
- 124 days
- 361
- 11
Zillow last checked:
Listing updated:
Listed by:
My Home Advisors 516-425-3286,
Oren Kraiem
Source: StreetEasy,MLS#: S1832885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Media Room
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other
- Exterior features: Balcony, Garden
- Has view: Yes
- View description: City
Details
- Parcel number: 042950021
- 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: East New York
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $690,000
- Annual tax amount: $1,800
- Date on market: 6/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,671/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $1,199,000+4.4%$400/sqft |
Source: StreetEasy #S1832885 Report a problem | ||
| 7/29/2026 | Price change | $1,149,000-3.3%$383/sqft |
Source: StreetEasy #S1832885 Report a problem | ||
| 6/9/2026 | Listed for sale | $1,188,000+79.5%$396/sqft |
Source: StreetEasy #S1832885 Report a problem | ||
| 3/4/2026 | Sold | $662,000+66100%$221/sqft |
Source: Public Record Report a problem | ||
| 2/13/2025 | Sold | $1,000-99.8% |
Source: Public Record Report a problem | ||
| 2/28/2013 | Listing removed | $469,000$156/sqft |
Source: EXIT All Seasons Realty #376042 Report a problem | ||
| 2/22/2013 | Listed for sale | $469,000+30.3%$156/sqft |
Source: EXIT All Seasons Realty #376042 Report a problem | ||
| 10/28/2005 | Sold | $360,000+221.4%$120/sqft |
Source: Public Record Report a problem | ||
| 8/13/1996 | Sold | $112,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,883 -0.1% | $41,400 -12.8% |
| 2024 | $1,885 | $47,460 -6.9% |
| 2023 | -- | $51,000 +5.6% |
| 2022 | -- | $48,300 +29.6% |
| 2021 | -- | $37,260 +11.9% |
| 2020 | $1,674 +1.2% | $33,300 |
| 2019 | $1,655 +6.9% | $33,300 +349.9% |
| 2018 | $1,548 +8.7% | $7,401 +6% |
| 2017 | $1,424 +10.4% | $6,984 +5.9% |
| 2016 | $1,290 | $6,596 +0.1% |
| 2015 | $1,290 +124.3% | $6,592 +1.2% |
| 2014 | $575 | $6,517 +5.7% |
| 2013 | -- | $6,168 +6% |
| 2012 | -- | $5,820 +5.9% |
| 2011 | -- | $5,497 +0.1% |
| 2010 | -- | $5,494 +1.2% |
| 2009 | -- | $5,431 +5.7% |
| 2008 | -- | $5,140 +6% |
| 2007 | -- | $4,850 +5.9% |
| 2006 | -- | $4,581 +0% |
| 2005 | -- | $4,579 +1.2% |
| 2004 | -- | $4,526 +5.6% |
| 2003 | -- | $4,284 +6% |
| 2002 | -- | $4,042 +5.9% |
| 2001 | -- | $3,818 +0.1% |
| 2000 | -- | $3,816 |
Find assessor info on the county website





