Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1357 Brooklyn Avenue

For Sale · Listing by Stephen P Wald Real Estate Associates Inc

1357 Brooklyn Avenue

Farragut, Brooklyn

$2,250,000

Interested in this property?
Active For Sale • Multi Family

$2,250,000

$816 per sq ft

1357 Brooklyn Avenue

Farragut, Brooklyn

MLS® #RLS20120325

RLS at REBNY

Listing by Stephen P Wald Real Estate Associates Inc

Studio
3
Baths
2,756
Sq. Ft.
1920
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 3
Living Area 2,756 sq ft
Lot Size 4,000 sq ft
Year Built 1920
Ownership None
Property Taxes $8,062/yr
Parking Garage
Neighborhood Farragut

Property Highlights

  • Outdoor Space: Patio
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Multi Family
Ownership None
Baths 3 Full
Pets Yes
Cross Street Newkirk Avenue/Foster Avenue
Year Built 1920
Living Area 2,756 sq ft
Parking Garage Available
Architectural Style Prewar
Structure Type None
Lot Size 4,000 sq ft
Parcel # 04970-0065
Block/Lot 4970/0065

Listing History

Event Date Price Change
Listed Sep 28, 2026 $2,250,000 -
Currently Oct 10, 2026 $2,250,000 -

Description

Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to offer for sale 1357 Brooklyn Avenue, a prime development opportunity in Brooklyn. The property is a 40' x 100' lot with an existing two-family residence built approximately 22' x 55' and a detached garage at the rear of the property, and also benefits from a curb cut. Zoned R6, the site offers approximately 12,000 square feet (3.0 FAR) as-of-right, with the potential to achieve up to approximately 15,600 square feet (3.90 FAR) utilizing UAP, subject to applicable requirements and independent verification. The surrounding neighborhood has experienced a notable increase in new development in recent years, including significant new construction along Brooklyn Avenue and the surrounding blocks. 1357 Brooklyn Avenue presents an attractive opportunity for developers seeking a well-positioned development site in a growing Brooklyn neighborhood. All zoning, FAR and development potential should be independently verified by the purchaser and their architect and/or zoning counsel.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Building Garden Private Outdoor Space Under60 Sqft Patio

Building Information

Building Data View Compliance & Permits
Stories 2
Structure None
Style Prewar

Financial Details

RE Taxes $8,062/yr ($672/mo)

Explore real estate opportunities in Farragut, Brooklyn. Browse available apartments, condos, and co-ops with up-to-date listings and market data.

Farragut Live Market Data

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Active Listings

3

Median Asking Price

$825K

Median $/Sqft

$701

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$865K

Live data from RLS at REBNY • Updated 10/10/26, 5:40 PM EST

Recently Sold in Farragut

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Location

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1357 Brooklyn Avenue, Farragut, Kings County • Near Newkirk Avenue/Foster Avenue

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $78,540
Land Value: $25,620
Exemptions: $1,400

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

Lot Area: 4,000 SF
Building Area: 2,756 SF
Built FAR: 0.69
Allowed FAR: 2.43

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 annual property tax is $8,062, or roughly $672 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 3 full bathrooms.

The listed interior living area is 2,756 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,250,000 for 2,756 sq ft, the asking price per square foot is approximately $816. 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: RLS20120325
First Listed: 10/10/2026
On Market: 9/28/2026
Price Changed: 10/10/2026
Contract Date: 9/28/2026

Listing Courtesy of Stephen P Wald Real Estate Associates Inc - Cody P Hellberg

Listing Contact: (212) 750-9253

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. 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 10/10/2026 at 9:40 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Farragut Market Update

1 sale last 30 days · $825K median · 3 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Farragut Borough Brooklyn
County Kings
Year Built 1920
First Listed 10/10/2026
Parking Garage
Style Prewar
Living Area 2,756 sqft
Annual Tax $8,062

Monthly Costs Estimate

Down Payment 20%

$450,000

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 $672
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 $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$28,125

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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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.

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