For Sale · Listing by Compass
427 Dewitt Avenue
East New York, Brooklyn
$1,350,000
427 Dewitt Avenue
MLS® #RLS20123137
Listing by Compass
Open House Scheduled
Sunday, November 1 • 3:00 PM – 4:00 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- 8
- Bedrooms
- 6
- Baths
- 4,707
- Sq. Ft.
- 2004
- Year Built
Quick Summary
Property Highlights
- Location: East New York, Brooklyn
- Property Type: Multi Family
- Built: 2004
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 28, 2026 | $1,350,000 | - |
| Currently | Oct 29, 2026 | $1,350,000 | - |
Description
- Projected CAP Rate: 6.62% - Three-Family Free Market Building Welcome to 427-431 DeWitt Avenue, a spacious three-family brick townhouse in Brooklyn's East New York neighborhood. Built in 2004, this three-story property offers approximately 4,707 square feet of residential space, three generously proportioned apartments, and private outdoor space, making it an excellent opportunity for investors and end users alike. The building consists of two three-bedroom, two-bathroom apartments and one two-bedroom, two-bathroom garden apartment. Each residence features a spacious living and dining area, a separate kitchen, a primary bedroom with an en-suite bathroom, a second full bathroom, and ample closet space. The garden-level apartment offers two bedrooms, two full bathrooms, and direct access to a private backyard measuring approximately 29' x 20', providing plenty of room for outdoor dining, entertaining, or gardening. A front garden measuring approximately 15' x 20' provides additional outdoor space. The second and third floors each feature three bedrooms and two full bathrooms, with expansive living and dining rooms measuring approximately 31'9" x 11'2". These well-proportioned apartments offer comfortable layouts and flexibility for a variety of living arrangements. The third floor also provides access to the roof. Situated on an approximately 20' x 95' lot, the property features a brick exterior and is conveniently located near neighborhood shopping, restaurants, and public transportation. Whether you're an investor seeking a three-family income-producing property or an end user looking to occupy one apartment while collecting rental income from the others, 427 DeWitt Avenue offers generous space, flexibility, and long-term investment potential. *Property Highlights:* -Three-family brick townhouse built in 2004 -Approximately 4,707 square feet -8 bedrooms and 6 full bathrooms -Two 3-bedroom, 2-bathroom apartments -One 2-bedroom, 2-bathroom garden apartment -Primary bedrooms with en-suite bathrooms -Spacious living and dining areas -Private backyard approximately 29' x 20' -Front garden approximately 15' x 20' -Approximately 20' x 95' lot -R6 zoning
Features & Amenities
Interior Features
Building Information
Financial Details
About East New York
View All East New York ListingsEast New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.
East New York Live Market Data
View NeighborhoodActive Listings
19
Median Asking Price
$850K
Median $/Sqft
$393
Avg Days on Market
N/A
New This Week
1
Price Reduced
26%
Sold (30 Days)
3
Median Sale Price
$900K
Live data from RLS at REBNY • Updated 10/29/26, 12:49 AM EST
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Location
427 Dewitt Avenue, East New York, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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 $9,446.4, or roughly $787 per month. Verify the current assessment with your attorney before closing.
This property has 8 bedrooms and 6 full bathrooms.
The listed interior living area is 4,707 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2004, making it approximately 22 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $1,350,000 for 4,707 sq ft, the asking price per square foot is approximately $287. 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) 416-7433Listing Courtesy of Compass - Dylan Hildreth Hoffman
Listing Contact: (646) 431-2260
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 Data display by Keller Williams NYC. Data last updated on 10/29/2026 at 4:49 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 427 Dewitt Avenue
At $1,350,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
East New York Market Update
3 sales last 30 days · $850K median · 6.3 months supply
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Quick Facts
Monthly Costs Estimate
$270,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
$13,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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