Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
251 Bergen Street

For Sale · Listing by R New York

251 Bergen Street

Boerum Hill, Brooklyn

$2,200,000

Interested in this property?
Active For Sale Multi Family

$2,200,000

$687 per sq ft

251 Bergen Street

Boerum Hill, Brooklyn

MLS® #RLS20094335

RLS at REBNY

Listing by R New York

Studio
4.5
Baths
3,204
Sq. Ft.
1900
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 5 full, 1 half
Living Area 3,204 sq ft
Lot Size 1,200 sq ft
Year Built 1900
Ownership None
Property Taxes $19,209/yr
Neighborhood Boerum Hill

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Climate Control: Central Air
  • Character: Pre-war building (1900)

Property Details

Type Multi Family
Ownership None
Baths 4 Full, 1 Half
Cooling Central Air
Pets Yes
Cross Street Nevins Street/3rd Avenue
Year Built 1900
Living Area 3,204 sq ft
Architectural Style Prewar,WalkUp
Lot Size 1,200 sq ft
Block/Lot 0197/0001

Listing History

Event Date Price Change
Listed May 21, 2026 $2,200,000 -
Currently Jul 29, 2026 $2,200,000 -

Description

5 Family Townhouse Rare mixed-use townhouse featuring a ground-floor deli and four residential apartments above, offering strong in-place income with long-term upside potential. The commercial space is occupied by an established deli with approximately three years remaining on the lease and built-in 5% annual escalations, providing steady cash flow and predictable growth. Above the retail are four residential units . This asset presents an attractive cap rate with immediate income and future value-add potential through strategic management of the residential component. Ideal for investors seeking stable cash flow in a classic New York mixed-use property with long-term appreciation potential. Call for more information.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 4
Style Prewar,WalkUp

Financial Details

RE Taxes $19,209/yr ($1,601/mo)

Boerum Hill is a historic residential neighborhood with tree-lined streets and retail along Atlantic Avenue and Smith Street. Housing stock features three-story row houses and newer high-end condominium developments, with F/G subway service at Bergen Street.

Boerum Hill Live Market Data

View Neighborhood

Active Listings

29

Median Asking Price

$2.90M

Median $/Sqft

$1,449

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

5

Median Sale Price

$2.35M

Live data from RLS at REBNY • Updated 7/29/26, 1:28 PM EST

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Location

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251 Bergen Street, Boerum Hill, Kings County • Near Nevins Street/3rd Avenue

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
4
Floors
5
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,188,900
Land Value: $293,850
Exemptions: $0

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

Lot Area: 1,200 SF
Building Area: 3,200 SF
Built FAR: 2.67
Allowed FAR: 3

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 $19,209, or roughly $1,601 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,204 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,200,000 for 3,204 sq ft, the asking price per square foot is approximately $687. 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: RLS20094335
First Listed: 5/29/2026
On Market: 5/21/2026
Price Changed: 5/29/2026
Contract Date: 5/21/2026

Listing Courtesy of R New York - Dosta Dedic

Listing Contact: (347) 860-0582

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 7/29/2026 at 5:28 PM UTC

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Boerum Hill Market Update

5 sales last 30 days · $2.90M median · 5.8 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Boerum Hill Borough Brooklyn
County Kings
Year Built 1900
First Listed 5/29/2026
Style Prewar,WalkUp
Living Area 3,204 sqft
Annual Tax $19,209

Monthly Costs Estimate

Down Payment 20%

$440,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,601
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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