Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
10516 Flatlands 4th Street
Interested in this property?
Active For Sale Multi Family

$1,179,000

$590 per sq ft

10516 Flatlands 4th Street

Canarsie, Brooklyn

MLS® #RLS20089532

RLS at REBNY

Listing by Keller Williams Realty Empire

5

Bedrooms

4

Baths

2,000

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 2,000 sq ft
Lot Size 1,900 sq ft
Year Built 1955
Ownership None
Property Taxes $7,000/yr
Neighborhood Canarsie

Property Highlights

  • Outdoor Space: Patio, Balcony
  • Style: WalkUp architecture
  • Climate Control: Wall Units

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 4 Full
Cooling Wall Units
Pets Yes
Cross Street East 105th Street/East 108th Street
Year Built 1955
Living Area 2,000 sq ft
Architectural Style WalkUp
Structure Type MultiFamily
Lot Size 1,900 sq ft
Parcel # 08253-0011
Block/Lot 8253/0011

Listing History

Event Date Price Change
Listed May 3, 2026 $1,179,000 -
Currently May 7, 2026 $1,179,000 -

Description

A moment frozen in time, this charming two-family home in Canarsie marries classic mid-century character with smart, income-ready functionality. Meticulously maintained across multiple levels, the property offers flexible living arrangements that suit an owner-occupant who wants rental income or a home homeowner that wants to create their dream home. Rich preserved craftsmanship - think mirrored accent walls, decorative tile floors, stained-glass cabinetry and bold period details gives the interior a memorable, one-of-a-kind personality you won’t find in cookie-cutter listings. The thoughtful layout, with multiple kitchens and living rooms, easily accommodates extended family, a live-work setup, or steady rental tenants, so you get both comfortable, spacious living and strong income potential.

The thoughtful layout is spread across multiple levels to maximize privacy and income potential: the first floor opens into a generous 2-bedroom, 1-bath unit with an eat-in kitchen and an open living/dining flow—ideal as a rental or in-law suite; the upper unit is a bright duplex featuring a full living room, an eat-in kitchen with a cozy breakfast nook, a balcony that brings in light and a convenient half bath; the top level offers 3 bedrooms and a full bath, anchored by a primary suite with an ensuite bath and walk-in closet. All together the home delivers flexible living arrangements and room to personalize, so bring your contractor and create your dream home. The basement is full finished and includes a laundry room, full bathroom and access to the backyard. All mechanicals have been upgraded. Low annual taxes approx. 7,000/yr. Transportation includes access to the belt parkway, local buses along Flatlands Ave and L-train at Rockaway Parkway/Canarsie. The search is over, finally welcome home!

Features & Amenities

Interior Features

Common Area

Exterior Features

Balcony Private Outdoor Space Under60 Sqft Patio Balcony

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily
Style WalkUp

Financial Details

RE Taxes $7,000/yr ($583/mo)

Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.

Canarsie Live Market Data

View Neighborhood

Active Listings

27

Median Asking Price

$799K

Median $/Sqft

$458

Avg Days on Market

N/A

New This Week

4

Price Reduced

11%

Sold (30 Days)

3

Median Sale Price

$837K

Live data from RLS at REBNY • Updated 5/7/26, 12:39 PM EST

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Location

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10516 Flatlands 4th Street, Canarsie, Kings County • Near East 105th Street/East 108th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
3
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $62,160
Land Value: $9,960
Exemptions: $0

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

Lot Area: 1,983 SF
Building Area: 2,508 SF
Built FAR: 1.26
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 $7,000, or roughly $583 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1955, making it approximately 71 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 $1,179,000 for 2,000 sq ft, the asking price per square foot is approximately $590. 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: RLS20089532
First Listed: 5/7/2026
On Market: 5/3/2026
Price Changed: 5/7/2026
Contract Date: 5/3/2026

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 5/7/2026 at 4:39 PM UTC

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