Marilyn Hagemann - John J Lease Realtors Logo
$1,299,000
 $6,973 est/mo Sourced by Back At You

688 Pennsylvania Avenue,Brooklyn, NY 11207

Brooklyn, NY 11207

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Description

This four-family property presents a unique opportunity for investors and end-users looking to add value. The home includes a fully finished basement, offering additional usable space, as well as a private driveway for added convenience. While the property has solid bones and a functional layout, it does require updates and improvements, making it ideal for buyers seeking a renovation project or value-add investment. Each unit is currently maintained, but there is significant potential to modernize and increase rental income. With its generous configuration, there is also the possibility to convert the property into an eight-family dwelling (subject to proper approvals), further enhancing its income-producing potential. This is a must-see opportunity for those looking to customize, expand, and unlock long-term value.

Details

MLS #994260
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site165
Listing Provided ByWinzone Realty Inc | Neriya Borukhov

Features

SQ Feet3,116
BasementY
Units4
Acreage0.06

Interior

CoolingNone
HeatingNatural Gas, Steam
Interior FeaturesEat-in Kitchen, Formal Dining

Exterior

Construction MaterialsBrick, Stone

Parking

Garage Yes / NoNo
Parking FeaturesOther

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Water Connected
SewerOther

Taxes

Tax Year2025
Tax Assessed Value155700
Tax Annual Amount10756.64
Tax Lot30

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
School DistrictW H Maxwell Career And Tech Hs
Elementary SchoolPs 13 Roberto Clemente
High SchoolW H Maxwell Career And Tech Hs
Listing VS Median (in 11207)
Price:
$1,299,000
low | high
Med:
$850,000
84.565050038491% of Average
sqft:
3,116
low | high
Med:
1,500
100% of Average
$ / sqft:
$417
low | high
Med:
$567
14.069797279959% of Average
On site:
165
low | high
Med:
117
100% of Average
Sourced by Back At You

Market Activity 11207

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Marilyn Hagemann

Marilyn Hagemann

John J Lease REALTORS

 (845) 541-8479marilynhagemann@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
School DistrictW H Maxwell Career And Tech Hs
Elementary SchoolPs 13 Roberto Clemente
High SchoolW H Maxwell Career And Tech Hs
Listing VS Median (in 11207)
Price:
$1,299,000
low | high
Med:
$850,000
84.565050038491% of Average
sqft:
3,116
low | high
Med:
1,500
100% of Average
$ / sqft:
$417
low | high
Med:
$567
14.069797279959% of Average
On site:
165
low | high
Med:
117
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $974K - $1.623M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
499 Hegeman Avenue Property Photo 1
$1,035,000
499 Hegeman Avenue
Brooklyn, NY 11207
659 Georgia Avenue Property Photo 1
$980,000
659 Georgia Avenue
Brooklyn, NY 11207
Listing Updated: September 28, 2026 at 9:49:42 PM PDT

Marilyn Hagemann - John J Lease Realtors