333 Rutland Road
Prospect Lefferts Gardens, Brooklyn
MLS® #RLS20058935
Listing by Compass
8
Bedrooms
7.5
Baths
3,120
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Balcony
Property Details
Description
Investor Opportunity | Modern Three-Family with Parking | Prospect-Lefferts Gardens Modern three-family townhouse offering strong in-place income with significant upside. The property consists of two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment, plus private parking via a rare curb cut. Projected annual income: $156,000 Current annual income: $90,000 Low operating expenses, separate meters, and immediate cash flow make this an ideal long-term hold or 1031 exchange opportunity. Additional FAR provides potential for future expansion, and finishing the basement could further enhance returns. Units #2 and #3 have been upgraded with new kitchens and bathrooms. The basement includes individual storage rooms, washer/dryer, common bike storage, and direct access to the garden. Located just east of Nostrand Avenue, directly adjacent to the Prospect-Lefferts Gardens Historic District—an area experiencing continued demand, rising rents, and strong appreciation. Excellent subway and bus access along Nostrand Avenue, with proximity to Prospect Park, Brooklyn Botanic Garden, and Brooklyn Museum. Full building video and lease details available upon request.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Prospect Lefferts Gardens
View All Prospect Lefferts Gardens ListingsProspect Lefferts Gardens borders the eastern edge of Prospect Park and sits adjacent to the Brooklyn Botanic Garden and Brooklyn Museum, with the Lefferts Manor Historic District preserving blocks of limestone, brownstone, and brick rowhouses in Renaissance Revival, Neo-Federal, and Tudor Revival styles. The B, Q, and S trains stop at Prospect Park station, the Q serves Parkside Avenue, and the 2 and 5 trains connect at Sterling and Winthrop Streets. Housing ranges from intact 19th- and early 20th-century rowhouses to prewar apartment buildings along the main corridors.
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Location
333 Rutland Road, Prospect Lefferts Gardens, Kings County
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Map & Location
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Listing Courtesy of Compass - Kirsten Syrett
Listing Contact: (917) 541-5960
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RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 2:30 AM UTC