Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $899,000

· Closed September 27, 2024

1248 ALBANY Avenue
Closed For Sale Multi Family

$899,000

$562 per sq ft

1248 ALBANY Avenue

Farragut, Brooklyn

MLS® #RLS11002878

RLS at REBNY

Listing by Revived Residential

4

Bedrooms

3

Baths

1,600

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 1,600 sq ft
Lot Size 2,000 sq ft
Year Built 1920
Ownership None
Property Taxes $8,328/yr
Neighborhood Farragut
Floor 1 of 2

Property Highlights

  • Views: Other
  • Climate Control: Ductless
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 3 Full
Floor 1 of 2
View Other
Cooling Ductless
Pets Yes
Year Built 1920
Living Area 1,600 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,000 sq ft
Parcel # 04957-0020
Block/Lot 04957/0020

Description

Here is a rare opportunity to purchase a two family house on a 20100 lot with an adjoining 20100 vacant lot (1244 Albany Avenue) bringing this to a 40100 lot size. It is being sold as a package deal. This is an excellent opportunity to own an income producing property while having a ton of outdoor space and parking. The house is set up as a top floor two bedroom and one bath, the parlor floor is combined with the basement to create a two bedroom, two bath, owners duplex. This is a flexible layout that can easily be changed if needed. The house is in overall good shape and can be moved into. Use the rental income to offset the cost of your mortgage payment. The vacant lot next door is 20x100 and would be ideal as parking or a large yard. You are in an excellent location near shopping and transportation.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Total Units 3
Stories 2
Structure Townhouse

Financial Details

RE Taxes $8,328/yr ($694/mo)
Sale Price $899,000
Previous Price $900,000

Farragut is a residential section of East Flatbush featuring two- and three-story brick rowhouses, semi-detached homes, and modest prewar apartment buildings along a level grid of streets including Avenues D, E, and Foster Avenue. The 2 and 5 trains at Flatbush Avenue-Brooklyn College station are the closest subway connection, supplemented by the B44 SBS and B46 bus routes along the neighborhood's main corridors.

Farragut Live Market Data

View Neighborhood

Active Listings

4

Median Asking Price

$640K

Median $/Sqft

$426

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 4/16/26, 2:53 AM EST

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Location

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1248 ALBANY Avenue, Farragut, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS11002878
First Listed: 8/21/2024
On Market: 2/13/2024
Price Changed: 9/30/2024
Closed: 9/27/2024
Contract Date: 2/13/2024

Listing Courtesy of Revived Residential - Louis Belisario

Listing Contact: (347) 702-3316

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 4/16/2026 at 6:53 AM UTC

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