Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
313 E 31st Street

For Sale · Listing by Compass

313 E 31st Street

Flatbush, Brooklyn

$925,000

Interested in this property?
Active For Sale • Multi Family

$925,000

$406 per sq ft

313 E 31st Street

Flatbush, Brooklyn

MLS® #RLS20123589

RLS at REBNY

Listing by Compass

Open House Scheduled

Saturday, November 7 • 12:00 AM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

5
Bedrooms
3
Baths
2,280
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,280 sq ft
Lot Size 2,000 sq ft
Year Built 1899
Ownership None
Property Taxes $7,488/yr
Neighborhood Flatbush
Floor 1 of 2

Property Highlights

  • Outdoor Space: Patio
  • Climate Control: Other
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 3 Full
Floor 1 of 2
Heating Natural Gas
Cooling Other
Pets Yes
Year Built 1899
Living Area 2,280 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Partial
Lot Size 2,000 sq ft
Parcel # 04948-0084
Block/Lot 04948/0084

Listing History

Event Date Price Change
Listed Nov 3, 2026 $925,000 -
Currently Nov 3, 2026 $925,000 -

Description

Two-Family Opportunity in the Heart of East Flatbush – Delivered Vacant! Live in one, rent the other, or make it all yours! Welcome to 313 East 31st Street, a well-maintained brick two-family townhouse in the heart of East Flatbush, offering flexibility for homeowners, investors, and multigenerational living. Situated on a 20 x 100 lot, the property offers approximately 2,280 square feet of living space, featuring a spacious 3-bedroom, 1-bathroom apartment over a 2-bedroom, 1-bathroom apartment. Rich in timeless architectural charm, the home showcases high ceilings, elegant crown molding, a decorative fireplace, ornate ceiling medallions, hardwood floors, and a beautiful wood-spindle staircase. These classic details bring warmth, character, and craftsmanship that's increasingly hard to find. The unfinished basement features a separate entrance, a bathroom, and a laundry area equipped with a washer and dryer. Step outside to a private backyard and patio with plenty of potential to create your own outdoor retreat, whether for entertaining, gardening, or simply relaxing. Both units will be delivered vacant, giving you the flexibility to move right in, generate rental income, or make improvements to suit your vision. Conveniently located near neighborhood shops, restaurants, parks, and public transportation, this home offers the space, versatility, and income potential that make Brooklyn two-family properties so appealing. Opportunities like this are worth exploring.

Features & Amenities

Interior Features

Chandelier High Ceilings See Remarks Flooring: Hardwood Skylights

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Storage

Appliances

Dryer Washer

Building Information

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

Financial Details

RE Taxes $7,488/yr ($624/mo)

Flatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.

Flatbush Live Market Data

View Neighborhood

Active Listings

62

Median Asking Price

$660K

Median $/Sqft

$784

Avg Days on Market

N/A

New This Week

1

Price Reduced

35%

Sold (30 Days)

4

Median Sale Price

$461K

Live data from RLS at REBNY • Updated 11/3/26, 6:46 PM EST

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Location

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313 E 31st Street, Flatbush, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $67,740
Land Value: $20,040
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 2,280 SF
Built FAR: 1.14
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 common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $7,488, or roughly $624 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 2,280 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $925,000 for 2,280 sq ft, the asking price per square foot is approximately $406. 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: RLS20123589
First Listed: 10/31/2026
On Market: 11/3/2026
Price Changed: 10/31/2026
Contract Date: 9/30/2026

Listing Courtesy of Compass - Carlos Beltran

Listing Contact: (347) 292-8750

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/3/2026 at 11:46 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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Flatbush Market Update

4 sales last 30 days · $660K median · 15.5 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Flatbush Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1899
First Listed 10/31/2026
Living Area 2,280 sqft
Annual Tax $7,488

Monthly Costs Estimate

Down Payment 20%

$185,000

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 $624
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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