Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
91 E 31ST Street
Interested in this property?
Active For Sale Multi Family

$800,000

$370 per sq ft

91 E 31ST Street

Flatbush, Brooklyn

MLS® #RLS20080482

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3

Baths

2,160

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,160 sq ft
Lot Size 1,800 sq ft
Year Built 1910
Ownership None
Property Taxes $6,492/yr
Neighborhood Flatbush
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 3 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1910
Living Area 2,160 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,800 sq ft
Parcel # 04902-0070
Block/Lot 04902/0070

Listing History

Event Date Price Change
Listed Mar 31, 2026 $800,000 -
Currently May 7, 2026 $800,000 -

Description

91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit-driven Flatbush location. CASH OFFERS ONLY -Situated on an 18' x 100' lot within an R6 zoning district, this two-family property offers a straightforward path to expansion or full repositioning.The existing structure spans approximately 2,160 square feet and is configured as a two-family with an English basement, allowing for flexible layouts and multiple end-use scenarios. Whether delivered as a renovated multi-unit, owner-user with income, or expanded asset, the current configuration provides a usable base while plans are developed.The key value lies in the additional buildable square footage. With a maximum allowable build of approximately 3,960 square feet, there is roughly 1,800 square feet of unused FAR-creating a clear opportunity for vertical expansion or reconfiguration to maximize returns.Located in an Opportunity Zone and within close proximity to the 2/5 subway lines, the property benefits from strong rental fundamentals and long-term appreciation drivers.This is a clean, scalable project for developers seeking a manageable footprint with meaningful upside in a steadily growing Brooklyn submarket.

Key Development Facts:Lot: 18 ft x 100 ft (1,800 SF)
Building: 18 ft x 40 ftExisting: 2,160 SF
Configuration: Two-family + English basement
Zoning: R6
Max Buildable: 3,960 SF
Additional FAR: 1,800 SF
Stories: 2
Year Built: 1910T
Taxes: $6,500 - Please independently verify
Opportunity Zone: Yes
Transit: 0.16 miles to 2/5

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $6,492/yr ($541/mo)

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 districts 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

51

Median Asking Price

$535K

Median $/Sqft

$705

Avg Days on Market

N/A

New This Week

0

Price Reduced

22%

Sold (30 Days)

3

Median Sale Price

$443K

Live data from RLS at REBNY • Updated 5/7/26, 4:48 AM EST

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Location

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91 E 31ST Street, Flatbush, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2024
Year Built
2 years old
12
Floors
80
Residential Units
C4-4
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,610,280
Land Value: $546,750
Exemptions: $0

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

Lot Area: 13,503 SF
Building Area: 112,508 SF
Built FAR: 8.33
Allowed FAR: 3.44

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 $6,492, or roughly $541 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 2,160 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 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 $800,000 for 2,160 sq ft, the asking price per square foot is approximately $370. 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: RLS20080482
First Listed: 3/31/2026
On Market: 3/31/2026
Price Changed: 3/31/2026
Contract Date: 3/31/2026

Listing Courtesy of Corcoran Group - Mary Smith

Listing Contact: (347) 233-4676

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 5/7/2026 at 8:48 AM UTC

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