Milton Coste

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(917) 416-7433

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298 Schenectady Avenue

Pending · Listing by Compass

298 Schenectady Avenue

Crown Heights, Brooklyn

$1,300,000

Pending For Sale • Multi Family

$1,300,000

$385 per sq ft

298 Schenectady Avenue

Crown Heights, Brooklyn

MLS® #RLS20108936

RLS at REBNY

Listing by Compass

3
Bedrooms
2.5
Baths
3,375
Sq. Ft.
1945
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 3,375 sq ft
Lot Size 1,567 sq ft
Year Built 1945
Ownership None
Property Taxes $5,784/yr
Neighborhood Crown Heights
Floor 1 of 3

Property Highlights

  • Location: Crown Heights, Brooklyn
  • Property Type: Multi Family
  • Built: 1945

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 2 Full, 1 Half
Floor 1 of 3
Pets Yes
Year Built 1945
Living Area 3,375 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 1,567 sq ft
Parcel # 01395-0044
Block/Lot 01395/0044

Listing History

Event Date Price Change
Listed Aug 12, 2026 $1,300,000 -
Currently Oct 12, 2026 $1,300,000 -

Description

A rare opportunity, offered for the first time in a generation. This legal three-family residence spans approximately 3,375 square feet and will be delivered fully vacant, offering exceptional flexibility for investors, end users, or those looking to reimagine a substantial multi-family property. With tremendous potential and a clean slate for renovation or repositioning, this estate property presents a unique chance to create something truly special.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $5,784/yr ($482/mo)

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

77

Median Asking Price

$1.35M

Median $/Sqft

$1,123

Avg Days on Market

N/A

New This Week

4

Price Reduced

27%

Sold (30 Days)

18

Median Sale Price

$1.43M

Live data from RLS at REBNY • Updated 10/12/26, 3:55 PM EST

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Location

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298 Schenectady Avenue, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
3
Residential Units
R4
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $101,580
Land Value: $23,520
Exemptions: $0

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

Lot Area: 1,567 SF
Building Area: 3,375 SF
Built FAR: 2.15
Allowed FAR: 1

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 common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $5,784, or roughly $482 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 3,375 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1945, making it approximately 81 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,300,000 for 3,375 sq ft, the asking price per square foot is approximately $385. 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 milton@miltoncoste.com. 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: RLS20108936
First Listed: 8/12/2026
On Market: 8/12/2026
Price Changed: 8/12/2026
Pending Since: 8/12/2026
Contract Date: 4/20/2026

Listing Courtesy of Compass - Jeffrey M Montana

Listing Contact: (917) 309-4602

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/12/2026 at 7:55 PM UTC

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Crown Heights Market Update

18 sales last 30 days · $1.35M median · 4.3 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending
Type Multi Family Neighborhood Crown Heights Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1945
First Listed 8/12/2026
Living Area 3,375 sqft
Annual Tax $5,784

Monthly Costs Estimate

Down Payment 20%

$260,000

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 $482
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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