Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $895,000

· Closed September 29, 2025

Closed For Sale Multi Family

$895,000

$486 per sq ft

659 Jerome Street

New Lots, Brooklyn

MLS® #RLS20005459

RLS at REBNY

Listing by Compass

5

Bedrooms

3

Baths

1,840

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 1,840 sq ft
Year Built 1960
Ownership None
Property Taxes $6,060/yr
Parking Attached, On Site, Private
Neighborhood New Lots
Floor 1 of 2

Property Highlights

  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 3 Full
Floor 1 of 2
Heating Baseboard
Pets Yes
Year Built 1960
Living Area 1,840 sq ft
Parking Features Attached, On Site, Private
Architectural Style WalkUp
Structure Type House,MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 04310-0164
Block/Lot 04310/0164

Listing History

Event Date Price Change
Listed Feb 26, 2025 $995,000 -
Price Reduced Nov 18, 2025 $850,000 -14.6%
Currently May 4, 2026 $895,000 +5.3%

Description

BACK ON THE MARKET! - NOW VACANT AND READY TO SELL! Welcome to 659 Jerome Street, a beautiful two-family attached red brick townhouse located in the desirable neighborhood of East New York in Brooklyn, NY. This property presents an incredible opportunity for those seeking to create their own dream home. While it does require renovation, the potential is boundless, allowing you to customize every detail to your exact specifications. This townhouse features two separate apartments, perfect for multi-generational living or rental income. Apartment #1, situated on the ground floor, offers two bedrooms and one bathroom, providing a comfortable living space spanning 920 square feet. Apartment #2, located on the second floor, boasts three bedrooms, one bathroom, and a balcony off the primary bedroom, offering a private oasis. In total, this townhouse offers 1,840 square feet of living space. One of the standout features of this property is the semi-finished full-height, above-grade basement. Complete with gas stove hookups and a large half-bathroom, this space has the potential to be converted into a full one-bedroom, 920 square foot apartment (subject to obtaining necessary permits from the City of New York). The versatility of this basement allows for endless possibilities and expansion options. Step inside and be greeted by the open concept kitchens, dining rooms, and living rooms. The seamless flow between these spaces creates an inviting atmosphere, perfect for entertaining guests or enjoying quality time with loved ones. Hardwood floors throughout add a touch of elegance and warmth. Outside, you'll find a shared driveway with deeded parking spaces, ensuring convenience and ease of access. Additionally, a shared concrete backyard provides a tranquil space for relaxation and outdoor activities. Located in a well-manicured and up-and-coming neighborhood, this home offers close proximity to trains and buses, allowing for effortless commuting throughout the city. Enjoy the convenience of being near parks and recreational areas, including Highland Park and Shirley Chisholm State Park, where you can immerse yourself in nature and engage in various outdoor activities. The East New York neighborhood is known for its beautiful red brick houses and boasts a diverse culinary scene, featuring a wide array of Caribbean, Latin American, and soul food cuisines. Indulge in the flavors of the area and explore the vibrant local dining options. Don't miss out on this incredible opportunity to transform this townhouse into your dream home. Embrace the potential and create a space that truly reflects your personal style and taste. Schedule a showing today and let your imagination soar.

Features & Amenities

Interior Features

Recessed Lighting See Remarks Flooring: Hardwood

Exterior Features

Private Outdoor Space Under60 Sqft

Appliances

Cooktop Refrigerator

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure House,MultiFamily,Townhouse
Style WalkUp

Financial Details

RE Taxes $6,060/yr ($505/mo)
Original Price $995,000
Sale Price $895,000
Previous Price $850,000

New Lots occupies the eastern edge of Brooklyn with prewar brick rowhouses, newer townhome construction, and apartment buildings along a residential grid between Linden Boulevard and New Lots Avenue. The 3 train terminates at New Lots Avenue station, offering a direct ride to Downtown Brooklyn and Manhattan. Shirley Chisholm State Park and the Gateway National Recreation Area provide large-scale green space and waterfront trails to the south.

New Lots Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$415K

Median $/Sqft

$444

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 5/4/26, 5:27 AM EST

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Location

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659 Jerome Street, New Lots, Kings County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $54,660
Land Value: $16,200
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 1,840 SF
Built FAR: 0.92
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 common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,060, or roughly $505 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 1,840 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $895,000 for 1,840 sq ft, the asking price per square foot is approximately $486. 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 mcoste@kwnyc.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: RLS20005459
First Listed: 2/26/2025
On Market: 2/26/2025
Price Changed: 11/18/2025
Closed: 9/29/2025
Contract Date: 2/20/2025

Listing Courtesy of Compass - MALCOLM L ADAMS

Listing Contact: (917) 972-6166

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 5/4/2026 at 9:27 AM UTC

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