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  • $1,188,000

    656 Alabama Ave, Brooklyn, NY 11207

    8beds
    2,200sqft
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    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $540/sqft
    $-- HOA

    What's special

    Dramatic floor-to-ceiling windowsStylish cabinetryFully finished basementAmple workspaceSpacious houseAmple space for gardeningTwo dedicated parking spaces
    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!
    31 days
    |
    847
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    My Home Advisors 516-425-3286,

    Oren Kraiem

    Source: StreetEasy,MLS#: S1832885

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      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: 2,200
      • Total interior livable area: 2,200 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: $540/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

        $3,483/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$1,188,000+79.5%$540/sqft
        Source: StreetEasy #S1832885 Report a problem
        3/4/2026Sold$662,000+66100%$301/sqft
        Source: Public Record Report a problem
        2/13/2025Sold$1,000-99.8%
        Source: Public Record Report a problem
        2/28/2013Listing removed$469,000$213/sqft
        Source: EXIT All Seasons Realty #376042 Report a problem
        2/22/2013Listed for sale$469,000+30.3%$213/sqft
        Source: EXIT All Seasons Realty #376042 Report a problem
        10/28/2005Sold$360,000+221.4%$164/sqft
        Source: Public Record Report a problem
        8/13/1996Sold$112,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        89 / 100
        Very Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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