Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

124 Lott Avenue
Interested in this property?
Pending For Sale Multi Family

$875,000

$270 per sq ft

124 Lott Avenue

Brownsville, Brooklyn

MLS® #RLS20070803

RLS at REBNY

Listing by REAVIS DEVELOPMENT MARKETING LLC

7

Bedrooms

2

Baths

3,240

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 7
Bathrooms 2
Living Area 3,240 sq ft
Lot Size 2,500 sq ft
Year Built 1930
Ownership None
Property Taxes $3,880/yr
Parking Garage
Neighborhood Brownsville

Property Highlights

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

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 2 Full
Pets Yes
Cross Street Bristol Street/Chester Street
Year Built 1930
Living Area 3,240 sq ft
Parking Garage Available
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 2,500 sq ft
Parcel # 03624-0034
Block/Lot 3624/0034

Listing History

Event Date Price Change
Listed Aug 7, 2025 $875,000 -
Currently May 13, 2026 $875,000 -

Description

Located on a residential block in East New York, this extra-large two-family home offers exceptional space, flexibility, and long-term upside. Measuring 20 feet wide by 54 feet deep, the property features a shared driveway and a substantial building footprint that is rarely available in the area.

The top-floor unit is configured with four bedrooms, one full bathroom, a kitchen, and a spacious living room, offering excellent room sizes and natural light throughout.

The first-floor unit features three bedrooms, an extra-large living room, a separate dining room, a full kitchen, and one bathroom, providing a comfortable and functional layout ideal for end users or rental income.

The basement level includes a three-quarter bathroom, a kitchenette, and multiple additional rooms, along with direct egress to the backyard, offering valuable bonus space suitable for recreation, storage, or flexible use.

The property requires cosmetic updates but is overall in great condition with solid bones. It will be delivered vacant at closing, allowing a new owner to immediately renovate, occupy, or reposition the property as desired.

Transportation is highly accessible, with close proximity to the A, C, J, Z, and L subway lines via Broadway Junction, one of Brooklyn’s major transit hubs. Nearby bus lines include the B15, B20, B25, B60, B83, and B84, providing convenient connections throughout Brooklyn and into Queens.

Everyday conveniences are close by, including ShopRite of Gateway Center, ALDI Gateway Center, Food Bazaar Supermarket, Key Food, and C-Town Supermarket, along with local shops, schools, and neighborhood services.

This is a rare opportunity to acquire a large, vacant two-family home in East New York with strong layout, excellent transit access, and significant potential.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Building Garden

Building Information

Building Data View Compliance & Permits
Stories 2
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $3,880/yr ($323/mo)

Brownsville is an East Brooklyn neighborhood of large public housing complexes, low-rise row houses, and a growing number of new construction residential projects. The 3 and 4 trains run through the neighborhood along Eastern Parkway and New Lots Avenue, providing direct subway access to Downtown Brooklyn and Manhattan. Betsy Head Park offers a public pool, track, and sports facilities.

Brownsville Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$980K

Median $/Sqft

$508

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$680K

Live data from RLS at REBNY • Updated 5/13/26, 10:43 AM EST

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Location

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124 Lott Avenue, Brownsville, Kings County • Near Bristol Street/Chester Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $55,500
Land Value: $20,460
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 2,160 SF
Built FAR: 0.86
Allowed FAR: 2.43

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 $3,880, or roughly $323 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 2 full bathrooms.

The listed interior living area is 3,240 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 $875,000 for 3,240 sq ft, the asking price per square foot is approximately $270. 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: RLS20070803
First Listed: 2/6/2026
On Market: 8/7/2025
Price Changed: 2/6/2026
Pending Since: 4/14/2026
Contract Date: 2/6/2026

Listing Courtesy of REAVIS DEVELOPMENT MARKETING LLC - Natanel Malkoukian

Listing Contact: (646) 361-3276

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 5/13/2026 at 2:43 PM UTC

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