Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1020 NEW YORK Avenue #MULTI
Interested in this property?
Closed For Sale Rental

$650,000

1020 NEW YORK Avenue #MULTI

Flatbush, Brooklyn

MLS® #RLS20023517

RLS at REBNY

Listing by Corcoran Group

12

Bedrooms

6

Baths

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 12
Bathrooms 6
Year Built 1931
Ownership RentalBuilding
Neighborhood Flatbush

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Character: Pre-war building (1931)

Property Details

Type Rental
Ownership Rental Building
Total Rooms 24
Baths 6 Full
View Other
Pets Yes
Year Built 1931
Architectural Style WalkUp
Basement Other
Parcel # 04903-0016
Block/Lot 04903/0016

Description

A unique opportunity to own an investment Prime East Flatbush. This six-unit investment property has one vacant unit. Fully occupied the return on this property has six percent cap rate for the owner. The house next is available as well with one vacancy and the same six percent cap rate when fully occupied. Located four short blocks for the 2/5 train on Church Avenue; which is 30 mins to Manhattan.

Features & Amenities

Interior Features

Building None

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Total Units 6
Stories 3
Style WalkUp

Flatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked enclaves like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.

Flatbush Live Market Data

View Neighborhood

Active Listings

41

Median Asking Price

$499K

Median $/Sqft

$480

Avg Days on Market

N/A

New This Week

4

Price Reduced

32%

Sold (30 Days)

3

Median Sale Price

$415K

Live data from RLS at REBNY • Updated 3/20/26, 4:00 AM EST

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Location

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1020 NEW YORK Avenue #MULTI, Flatbush, Kings County

MLS® ID: RLS20023517
First Listed: 5/13/2025
On Market: 5/13/2025
Price Changed: 1/15/2026
Closed: 1/15/2026
Contract Date: 5/13/2025

Listing Courtesy of Corcoran Group - Hakim D Edwards

Listing Contact: (347) 489-2247

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 8:00 AM UTC

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