Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

390 E 49th Street
Interested in this property?
Pending For Sale Multi Family

$1,120,000

$386 per sq ft

390 E 49th Street

East Flatbush, Brooklyn

MLS® #RLS10987076

RLS at REBNY

Listing by Keller Williams Realty Empire

Studio

0

Bath

2,900

Sq. Ft.

2019

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 2,900 sq ft
Lot Size 2,000 sq ft
Year Built 2019
Ownership None
Property Taxes $8,442/yr
Neighborhood East Flatbush

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Multi Family
Ownership None
Baths 0 Full
Cooling Central Air
Pets Yes
Cross Street Linden Boulevard/Church Avenue
Year Built 2019
Living Area 2,900 sq ft
Architectural Style WalkUp
Structure Type MultiFamily
Lot Size 2,000 sq ft
Parcel # 04674-0028
Block/Lot 4674/28

Listing History

Event Date Price Change
Listed Jun 3, 2024 $1,300,000 -
Price Reduced Sep 21, 2024 $1,199,000 -7.8%
Currently May 6, 2026 $1,120,000 -6.6%

Description

390 East 49th Street isn’t your average home. This gut-renovated, semi-detached 2-family townhouse is a perfect opportunity to live in a generously appointed 2,900 sq ft townhouse and enjoy monthly rental income or add it to your investment rental property portfolio.

The owner’s duplex is a 3-bed, 2.5-bath masterpiece, strategically designed so the owner retains exclusive access to the recreation room in the cellar and the backyard. Each bedroom is sized to perfection and features great closets and a washer/dryer combo. The kitchen is chef-worthy with premium appliances, which are beautifully designed and efficient, and paired with exquisite cabinetry and tile work. The Brazilian oak flooring guides you through the space with easily allocated living and dining.

The second-floor rental is a 3-bed, 1.5-bath with a logical floor plan and equally exquisite finishes. Perfectly sized bedrooms are complemented by oversized windows, a skylight, sun-filled common spaces, and the overwhelming potential to be at peace. Each unit is being rented at 1st Fl- $3,024(FEPS) and 2nd Fl -$2,610.00 (cash). The basement is currently vacant. Annual taxes are approximately $8,442.

390 East 39th Street is centrally located in the rapidly emerging neighborhood of East Flatbush, just south of Crown Heights with easy access to reliable train lines, the 2, 3, 4, and 5, and plenty of buses, that will take you Downtown Brooklyn and into Manhattan in minutes. Chic shops, art galleries and notable restaurants and bars, are your neighbors—ensuring you don’t have to travel far for amazing entertainment and amenities. Prospect Park, Kings Theater, Kings Plaza Mall, and the Marine Park Yacht Club are also short rides away for your enjoyment. If you’ve been searching for the perfect home, search no more. Welcome Home.

Features & Amenities

Interior Features

See Remarks

Building Information

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

Financial Details

RE Taxes $8,442/yr ($704/mo)
Original Price $1,300,000
Previous Price $1,199,000

East Flatbush is a largely residential Brooklyn neighborhood characterized by tree-lined streets and rows of early 20th-century brick homes, including single-family houses, semi-detached two-families, and small apartment buildings. The 2 and 5 trains serve the area at Church Avenue, Beverly Road, and Newkirk Avenue stations, connecting residents to Downtown Brooklyn and Manhattan. Lincoln Terrace Park provides recreational space along the neighborhood's northern edge.

East Flatbush Live Market Data

View Neighborhood

Active Listings

30

Median Asking Price

$603K

Median $/Sqft

$520

Avg Days on Market

N/A

New This Week

1

Price Reduced

20%

Sold (30 Days)

2

Median Sale Price

$555K

Live data from RLS at REBNY • Updated 5/6/26, 8:31 AM EST

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Location

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390 E 49th Street, East Flatbush, Kings County • Near Linden Boulevard/Church Avenue

Floor Plans

Floor Plan 1

Floorplan

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
3
Residential Units
R5
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $73,800
Land Value: $17,160
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 2,900 SF
Built FAR: 1.45
Allowed FAR: 1.5

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 $8,442, or roughly $704 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 2,900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2019, making it approximately 7 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 $1,120,000 for 2,900 sq ft, the asking price per square foot is approximately $386. 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: RLS10987076
First Listed: 6/3/2024
On Market: 6/3/2024
Price Changed: 9/21/2024
Pending Since: 7/1/2025
Contract Date: 6/3/2024

Listing Courtesy of Keller Williams Realty Empire - Alana McIntosh

Listing Contact: (646) 820-8441

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 5/6/2026 at 12:31 PM UTC

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