Sold on 11/10/2021 for $1,050,000
235 Richmond Street
MLS® #RLS10727210
Listing by Compass
10
Bedrooms
6
Baths
2,750
Sq. Ft.
1915
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1915)
Property Details
Description
Located on the border of Brooklyn & Queens, Cypress Hills, Brooklyn has become one of the hottest affordable neighborhoods left in Brooklyn. This legal 4-family townhouse is ideal for anyone seeking a long-term investment taking advantage of an income-generating property or multigenerational accommodations. With unlimited potential to expand in the future, this property comes with a total of 7,500 buildable sqft! The first floor has two identical railroad-style two-bedroom apartments. Both bedrooms are located at the front of the house. As you work your way towards the rear, you'll pass through the spacious living room into the open-style kitchen. Located just off of the kitchen are a nicely designed full bath and personal access to the backyard. The second-floor apartments mirror the first-floor layout with the bonus of larger bedrooms, living room, and kitchen. The basement level has three access points, one from the outside, in the front, one leading to the lobby, and one in the backyard for added convenience. Fully finished, it boasts multiple private and common spaces including a shared laundry room. Nestled between Fulton Street and Atlantic Avenue this property has a prime location that provides many conveniences. The J/Z train is just two short blocks away, while the M4 bus stop is less than a 5-minute walk, making a commute to Manhattan and around Brooklyn a breeze. City Line Park and Highland Park are nearby and offer an array of outdoor recreational amenities. The neighborhood is abundant with dining and shopping options providing every convenience. Gross Rental Income $112,800 Taxes ($6,542) Utilities & Maintenance ($15,600) Insurance ($1,500) NOI $89,158 Unit Information 1L Vacant 1R $1,700 Month to Month 2L $1,700 1/21-1/22 2R $1,700 1/21-1/22 Basement Apt $1,600 No lease Studio $1,000 No lease
Features & Amenities
Interior Features
Building Information
About Cypress Hills
View All Cypress Hills ListingsCypress Hills offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.
Cypress Hills Live Market Data
View NeighborhoodActive Listings
5
Median Asking Price
$898K
Median $/Sqft
$478
Avg Days on Market
N/A
New This Week
1
Price Reduced
20%
Sold (30 Days)
0
Median Sale Price
N/A
Live data from RLS at REBNY • Updated 2/16/26, 11:36 PM EST
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Location
235 Richmond Street, Cypress Hills, Kings County • Near Fulton Street/Dinsmore Place
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
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.
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Listing Courtesy of Compass - Joshua Golan
Listing Contact: (718) 415-4410
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.
RLS Data display by Keller Williams NYC. Data last updated on 2/17/2026 at 4:36 AM UTC