Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

· Closed February 22, 2024

1423 Albany Avenue
Closed For Sale Multi Family

$700,000

$381 per sq ft

1423 Albany Avenue

Farragut, Brooklyn

MLS® #RLS10958931

RLS at REBNY

Listing by The Agency Brokerage

5

Bedrooms

3

Baths

1,836

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 1,836 sq ft
Lot Size 1,700 sq ft
Year Built 1930
Ownership None
Property Taxes $5,833/yr
Parking Garage
Neighborhood Farragut

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Parking: Private garage
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Baths 3 Full
Pets Yes
Cross Street Foster Avenue/Farragut Road
Year Built 1930
Living Area 1,836 sq ft
Parking Garage Available
Architectural Style Prewar,WalkUp
Structure Type MultiFamily,Townhouse
Lot Size 1,700 sq ft
Parcel # 04988-0057
Block/Lot 4988/57

Listing History

Event Date Price Change
Listed Oct 25, 2023 $650,000 -
Price Reduced May 17, 2024 $740,000 +13.8%
Currently May 31, 2026 $700,000 -5.4%

Description

Amazing location, with park views

Features & Amenities

Interior Features

See Remarks

Exterior Features

Building Garden

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily,Townhouse
Style Prewar,WalkUp

Financial Details

RE Taxes $5,833/yr ($486/mo)
Original Price $650,000
Sale Price $700,000
Previous Price $740,000

Farragut is a residential section of East Flatbush featuring two- and three-story brick rowhouses, semi-detached homes, and modest prewar apartment buildings along a level grid of streets including Avenues D, E, and Foster Avenue. The 2 and 5 trains at Flatbush Avenue-Brooklyn College station are the closest subway connection, supplemented by the B44 SBS and B46 bus routes along the neighborhood's main corridors.

Farragut Live Market Data

View Neighborhood

Active Listings

3

Median Asking Price

$550K

Median $/Sqft

$622

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/31/26, 5:40 AM EST

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Location

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1423 Albany Avenue, Farragut, Kings County • Near Foster Avenue/Farragut Road

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
3
Residential Units
R4
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $38,460
Land Value: $14,880
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,742 SF
Building Area: 1,836 SF
Built FAR: 1.05
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $5,833, or roughly $486 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 1,836 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $700,000 for 1,836 sq ft, the asking price per square foot is approximately $381. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10958931
First Listed: 10/25/2023
On Market: 10/25/2023
Price Changed: 5/17/2024
Closed: 2/22/2024
Contract Date: 10/25/2023

Listing Courtesy of The Agency Brokerage - Michael Zaccaria

Listing Contact: (917) 207-4070

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 5/31/2026 at 9:40 AM UTC

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