$875,000

1023 New Lots Ave Brooklyn, NY 11208

$10,000
Closing credit¹
1 full
1,596 sqft
$548 / sqft
Multi-Family

Property details

About 1023 New Lots Ave

Great potential for customization and investment, this brick home has two separate units, ideal for multi-generational living or rental income. First floor features 2 bedrooms and 1 bath. Second floor has 3 bedrooms and 1 bath. There is a also a full, finished basement with a 3/4 bath. This home also has a private driveway, providing off-street parking with room for several cars. Whether you're an investor looking for a solid rental property or a homeowner ready to make this space your own, the possibilities are endless.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size1,596 sqft
BasementYes
Year built1920
Parking4 Spaces, Private Drive
MLS #490262
Garage4 spaces
FireplaceStove

Summary

  • MLS Number: 490262
  • Office Name: RE/MAX Real Estate Professiona

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/6/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with brick siding and a fenced front yard

$875,000

1023 New Lots Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 04, 2005
Home Sold
$470,000
Nov 05, 2004
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2024$45,240$1,934
2023$55,140$1,812
2021$42,360$3,320
2019$41,400$1,675
2018$8,686$1,373
2017$8,210$1,241

History based on county public records data.

Nearby schools

2

East New York Elementary School of Excellence

Public District PK-5

0.2 mi

605 Shepherd Ave

5

P.S. 202 Ernest S. Jenkyn's School

Public District KG-6

0.2 mi

982 Hegeman Ave

5

P.S. 158 Warwick School

Public District KG-5

0.5 mi

400 Ashford St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,375. Typical income of Brooklyn, NY residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
33%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
35%
Single, with Kids
13%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1023 New Lots Ave in Brooklyn, NY and zip code 11208 in the East New York neighborhood. This 1,596 square foot home was built in 1920. Features: 1 bathroom. It has been listed on Rocket Homes since March 23, 2025 and is currently priced at $875,000.

Over 22 listings were sold over their listed price in March 2025 in Brooklyn, NY. In the same period over 156 listings were sold below the listed price and 171 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between February and March 2025 increased by 3.8%. In March 2025, listings were on the market for 142 days. During the same period, the median list price in this real estate market was $995,066.

From Rocket Homes Real Estate and based on county public records data.

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