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
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 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 NeighborhoodActive Listings
40
Median Asking Price
$512K
Median $/Sqft
$480
Avg Days on Market
N/A
New This Week
2
Price Reduced
33%
Sold (30 Days)
3
Median Sale Price
$445K
Live data from RLS at REBNY • Updated 3/23/26, 5:01 AM EST
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Location
124 Martense Street, Flatbush, Kings County
Floor Plans
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of Compass - Delson Ronit Abraham
Listing Contact: (917) 572-2583
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 9:01 AM UTC