SOLD FOR $1,100,000
· Closed July 29, 2025
124 Martense Street
MLS® #RLS20025368
Listing by Compass
6
Bedrooms
3
Baths
2,400
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Fireplace: 1 fireplace
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 20, 2025 | $1,085,000 | - |
| Currently | May 7, 2026 | $1,100,000 | +1.4% |
Description
Finally, a Two Family with exceptional Upside in Prime PLG/Flatbush Border. Welcome to 124 Martense Street, a classic 20' x 55' two-family barrel front townhouse located at the crossroads of Flatbush and Prospect Lefferts Gardens. The two family, 20 ft x 55 ft home is rich in period details. Inside you'll find stunning inlaid hardwood floors, ornate Victorian mantels, a grand pier mirror, and intricate original woodwork,. All of these rare architectural touches speak to the home’s history. While the property requires TLC, these preserved elements offer an incredible starting point for restoration or conversion. Set on a 20.33 ft x 117.83 ft lot and zoned R7-1 with a residential FAR of 3.44, this property offers a tremendous development opportunity with 5,782 square feet of unused buildable, allowing for a maximum usable floor area of 8,118 square feet. Whether you're a developer seeking your next project or an end-user with vision, the potential here is undeniable. Each floor can be its own rentable unit or you can combine the first and second floors into a spacious grand one family home. Located on a charming, tree-lined block near the heart of PLG, you are close to Prospect Park and the B/Q trains. Lot Size: 2,360 SF (20.33' x 117.83') Zoning: R7-1 / Residential FAR 3.44 Max Buildable: 8,118 SF Unused Buildable: 5,782 SF End-users, investors, and developers—bring your architect and vision. This is a rare chance to transform a historic home with architectural pedigree or build new on a generously zoned lot in one of Brooklyn’s most dynamic neighborhoods. Cash offers preferred. Shown by appointment.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Flatbush
View All Flatbush ListingsFlatbush 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 NeighborhoodActive Listings
50
Median Asking Price
$537K
Median $/Sqft
$741
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, 2:56 PM EST
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Location
124 Martense Street, Flatbush, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $7,776, or roughly $648 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 3 full bathrooms.
The listed interior living area is 2,400 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
Pet policy requires confirmation with the listing broker.
At the current list price of $1,100,000 for 2,400 sq ft, the asking price per square foot is approximately $458. 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) 416-7433Listing Courtesy of Compass - Delson Ronit Abraham
Listing Contact: (917) 572-2583
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 Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 6:56 PM UTC