Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity.
Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don’t miss out on this incredible opportunity! Additional Information: ParkingFeatures:1 Car Attached,
For sale
$1,150,000
716 New Lots Avenue, Brooklyn, NY 11207
8beds
3,120sqft
Triplex, Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
One-car parking spotFull finished basement
- 123 days
- 181
- 2
Zillow last checked:
Listing updated:
Listed by:
eXp Realty 888-276-0630,
Jessy J. Cuevas 203-832-5598
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 992858
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Basement
Features
- First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Storage
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Open
- Garage spaces: 1
Lot
- Size: 1,799 Square Feet
Details
- Parcel number: 043110105
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 2004
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $68,280
- Annual tax amount: $7,861
- Date on market: 4/30/2026
- Cumulative days on market: 359 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Price change | $1,150,000-8%$369/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #992858 Report a problem | ||
| 4/30/2026 | Listed for sale | $1,250,000-2.3%$401/sqft |
Source: OneKey® MLS as distributed by MLS GRID #992858 Report a problem | ||
| 4/27/2026 | Listing removed | $1,280,000$410/sqft |
Source: OneKey® MLS as distributed by MLS GRID #906088 Report a problem | ||
| 8/27/2025 | Listed for sale | $1,280,000+2.4%$410/sqft |
Source: OneKey® MLS as distributed by MLS GRID #906088 Report a problem | ||
| 6/1/2025 | Listing removed | $1,250,000$401/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6328122 Report a problem | ||
| 9/17/2024 | Listed for sale | $1,250,000+68.9%$401/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6328122 Report a problem | ||
| 11/7/2018 | Sold | $740,000-6.9%$237/sqft |
Source: Public Record Report a problem | ||
| 4/24/2018 | Listing removed | $795,000$255/sqft |
Source: Town Residential Report a problem | ||
| 2/26/2018 | Listed for sale | $795,000-3.6%$255/sqft |
Source: Town Residential Report a problem | ||
| 1/7/2018 | Listing removed | $825,000$264/sqft |
Source: Kian Realty #384827 Report a problem | ||
| 1/6/2017 | Listed for sale | $825,000+31%$264/sqft |
Source: Kian Realty #384827 Report a problem | ||
| 7/27/2005 | Sold | $630,000$202/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,766 +0.6% | $65,100 -4.7% |
| 2024 | $7,722 | $68,280 +10.5% |
| 2023 | -- | $61,800 +0.3% |
| 2022 | -- | $61,620 +29.5% |
| 2021 | -- | $47,580 -9.2% |
| 2020 | $4,907 +27.1% | $52,380 +19.1% |
| 2019 | $3,860 -41.1% | $43,980 +40.4% |
| 2018 | $6,552 +5.2% | $31,320 +2.6% |
| 2017 | $6,225 +252.6% | $30,538 +6% |
| 2016 | $1,766 | $28,810 +6% |
| 2015 | $1,766 +43.2% | $27,180 +1.8% |
| 2014 | $1,233 | $26,700 +2.3% |
| 2013 | -- | $26,100 -7.8% |
| 2012 | -- | $28,320 -15.1% |
| 2011 | -- | $33,345 -0.9% |
| 2010 | -- | $33,662 |
| 2009 | -- | $33,662 |
| 2008 | -- | $33,662 |
| 2007 | -- | $33,662 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East New York
Nearby schools
Schools provided by the listing agent
- Elementary: Contact Agent
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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