Milton Coste

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(917) 416-7433

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37 Chester Avenue

Pending · Listing by Compass

37 Chester Avenue

Kensington, Brooklyn

$1,550,000

Interested in this property?
Pending For Sale Multi Family

$1,550,000

$554 per sq ft

37 Chester Avenue

Kensington, Brooklyn

MLS® #RLS20087314

RLS at REBNY

Listing by Compass

6
Bedrooms
2.5
Baths
2,800
Sq. Ft.
1930
Year Built

Quick Summary

Bedrooms 6
Bathrooms 3 full, 1 half
Living Area 2,800 sq ft
Lot Size 1,560 sq ft
Year Built 1930
Ownership None
Property Taxes $8,958/yr
Neighborhood Kensington
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 2 Full, 1 Half
Floor 1 of 2
Pets Yes
Year Built 1930
Living Area 2,800 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 1,560 sq ft
Parcel # 05305-0004
Block/Lot 05305/0004

Listing History

Event Date Price Change
Listed May 26, 2026 $1,550,000 -
Currently Aug 12, 2026 $1,550,000 -

Description

Offered for the first time in over half a century, 37 Chester Avenue is a solid two-family brick residence that blends scale, versatility, and long-term pride of ownership. Built in 1930 and thoughtfully maintained by the same family for over 50 years, this is a rare opportunity to step into a home with both history and future upside. Spanning approximately 2,800 livable square feet, the property is configured across two expansive residential floors. Each unit features three full bedrooms, a spacious living room, formal dining room, and an eat-in kitchen, providing comfortable, well-proportioned layouts ideal for end-users and/or income-producing potential. Original charm shines through with beautiful wood flooring, generous closet space, and oversized windows that fill the home with natural light throughout the day. The home is further enhanced by a full finished, windowed basement complete with its own kitchen, half bathroom, and separate front entrance, offering flexibility for extended living, recreation, or potential additional use (buyer to verify). Additional highlights include a private attached garage, a true Brooklyn luxury that adds both convenience and value. Perfectly positioned on the Kensington / Windsor Terrace border, you’re moments from the iconic Green-Wood Cemetery and just a short distance to Prospect Park. The neighborhood offers a vibrant mix of local cafes, restaurants, and everyday conveniences, with easy access to transportation including the F and G trains, as well as multiple bus lines (B35, B16, B67, B69). Well cared for and deeply loved, 37 Chester Avenue presents a compelling opportunity for the next owner to live, invest, and create something truly special.

Features & Amenities

Interior Features

See Remarks Flooring: Hardwood

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure MultiFamily

Financial Details

RE Taxes $8,958/yr ($747/mo)

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

Kensington Live Market Data

View Neighborhood

Active Listings

32

Median Asking Price

$649K

Median $/Sqft

$955

Avg Days on Market

N/A

New This Week

1

Price Reduced

25%

Sold (30 Days)

3

Median Sale Price

$538K

Live data from RLS at REBNY • Updated 8/12/26, 11:25 AM EST

Similar Listings in Kensington

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Location

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37 Chester Avenue, Kensington, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $101,460
Land Value: $24,000
Exemptions: $0

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

Lot Area: 1,560 SF
Building Area: 2,865 SF
Built FAR: 1.84
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 Milton Coste before making an offer.

The current listed annual property tax is $8,958, or roughly $747 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,550,000 for 2,800 sq ft, the asking price per square foot is approximately $554. 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: RLS20087314
First Listed: 4/28/2026
On Market: 5/26/2026
Pending Since: 7/6/2026
Contract Date: 4/14/2026

Listing Courtesy of Compass - Scott G Klein

Listing Contact: (347) 423-9483

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 8/12/2026 at 3:25 PM UTC

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Kensington Market Update

3 sales last 30 days · $649K median · 10.7 months supply

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New listings in this neighborhood

Quick Facts

Status Pending Type Multi Family Neighborhood Kensington Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1930
First Listed 4/28/2026
Living Area 2,800 sqft
Annual Tax $8,958

Monthly Costs Estimate

Down Payment 20%

$310,000

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 $747
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

$15,500

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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