Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1274 HERKIMER Street
Interested in this property?
Active For Sale Multi Family

$999,999

$465 per sq ft

1274 HERKIMER Street

Ocean Hill, Brooklyn

MLS® #RLS20094278

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

5

Bedrooms

3

Baths

2,150

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,150 sq ft
Lot Size 1,462 sq ft
Year Built 1901
Ownership None
Property Taxes $2,664/yr
Neighborhood Ocean Hill
Floor 1 of 2

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 3 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1901
Living Area 2,150 sq ft
Architectural Style WalkUp
Basement Other
Lot Size 1,462 sq ft
Parcel # 01567-0021
Block/Lot 01567/0021

Listing History

Event Date Price Change
Listed May 8, 2026 $999,999 -
Currently May 29, 2026 $999,999 -

Description

Key Details:

- Two-family brick townhouse
- 5 bedrooms 3 full bathrooms
- 2,150 SF interior
- Solid structure with well-maintained mechanicals and bones
- Delivered in clean, livable condition with opportunity to update
- Five decorative fireplaces throughout
- Unfinished but clean basement with flexible use potential
- On the same block as the Rockaway Ave - C train
- Strong income potential with projected rents exceeding $4,000+ Flexible layout-maintain as a two-family or explore conversion to 4 units (consult architect)

Located in the rapidly evolving Ocean Hill section of Brooklyn, 1274 Herkimer Street presents a rare opportunity to acquire a classic brick townhouse with scale, character, and long-term upside. Spanning approximately 2,150 square feet, this two-family property is currently configured with five bedrooms and three full bathrooms, offering a versatile layout suited for both end-users and investors.

The home has been well maintained over the years and offers solid bones throughout, making it an ideal candidate for a thoughtful cosmetic renovation. Period charm is evident with five decorative fireplaces that anchor multiple living spaces, adding warmth and architectural interest. Generous room proportions allow for king-sized bedrooms and flexible living arrangements across both units.

The basement is clean and expansive, currently unfinished but primed for conversion into a home office, recreation space, or additional storage depending on your needs. Above grade, the layout lends itself to multiple strategies-continue operating as a two-family with strong rental income, or explore reconfiguration into a higher-yield multi-unit investment (subject to approvals).

Positioned literally on the corner of Rockaway Avenue, the C train provides direct and efficient access into Manhattan, making commuting seamless. Flanked by Bed Stuy, the surrounding neighborhood continues to see steady growth, with increasing demand from renters and buyers alike drawn to its accessibility through Broadway Junction and value relative to neighboring areas.

Whether you're looking to create a custom residence with income, capitalize on rental upside, or reposition the asset entirely, 1274 Herkimer Street offers the foundation to execute your vision.


Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Style WalkUp

Financial Details

RE Taxes $2,664/yr ($222/mo)

Ocean Hill features historic row houses and co-op buildings, set amongst green space near coastal parks. The area is served by transit connections, offering accessibility near major thoroughfares. Architectural elements range from brownstone townhomes to modern residential complexes, defining the physical landscape of this NYC borough.

Ocean Hill Live Market Data

View Neighborhood

Active Listings

5

Median Asking Price

$1.20M

Median $/Sqft

$455

Avg Days on Market

N/A

New This Week

0

Price Reduced

20%

Sold (30 Days)

2

Median Sale Price

$1.05M

Live data from RLS at REBNY • Updated 5/29/26, 1:10 PM EST

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Location

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1274 HERKIMER Street, Ocean Hill, Kings County

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $72,960
Land Value: $18,600
Exemptions: $0

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

Lot Area: 1,462 SF
Building Area: 2,150 SF
Built FAR: 1.47
Allowed FAR: 1.5

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 $2,664, or roughly $222 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 2,150 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 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 $999,999 for 2,150 sq ft, the asking price per square foot is approximately $465. 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: RLS20094278
First Listed: 5/29/2026
On Market: 5/8/2026
Price Changed: 5/29/2026
Contract Date: 5/8/2026

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Isaiah Ajala

Listing Contact: (719) 399-4166

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 5/29/2026 at 5:10 PM UTC

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