$10,000 Closing Credit¹
#RLS20006382, Claudette Rolling, Listing Office: Revived Residential
$875,000 List price
1023 New Lots Ave Brooklyn, NY 11208
$10,000
Closing credit¹
5 beds
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
- Full Bathrooms: 1
- Appliances: Dryer, Microwave, Refrigerator, Stove, Washer
- Basement: Yes
- Flooring Type: Ceramic, Hardwood
- Fireplace: Stove
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Parking: 4 Spaces, Private Drive
- Heating: Baseboard, Natural Gas
- List Price: $875,000
- Price/SqFt: $548
- Annual Tax Amount: $1,934
- Tax Year: 2024
- Year Built: 1920
- Stories: 2
- Living Area: 1,596 SqFt
- MLS Number: 490262
- Office Name: RE/MAX Real Estate Professiona
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.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
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: 4/30/2025, 12:20:47 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
$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
| Date | Event | Price |
|---|---|---|
| Oct 04, 2005 | Home Sold | $470,000 |
| Nov 05, 2004 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $34,375. The most common annual income of people living in Brooklyn, NY is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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 Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
6 days on Rocket
$10,000 Closing Credit¹
#491048, Listing Office: ABC Real Estate Services, Inc.
Coming soon
$10,000 Closing Credit¹
#853330, Listing Office: EXP Realty
$10,000 Closing Credit¹
#490102, Listing Office: Hometown Properties
$10,000 Closing Credit¹
#L3556002, Listing Office: SkyLimit Realty Group
Tour
$10,000 Closing Credit¹
#RLS20005459, MALCOLM L ADAMS, Listing Office: Compass
$8,134 Closing Credit¹
#824106, Listing Office: Island Advantage Realty LLC
$10,000 Closing Credit¹
#832210, Listing Office: ERA/Top Service Realty Inc
$10,000 Closing Credit¹
#RLS11014446, Sharon C Burroughs, Listing Office: Corcoran Group
$10,000 Closing Credit¹
#837176, Listing Office: Island Advantage Realty LLC
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: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 23, 2025 and is currently priced at $875,000.
In March 2025, from all listings sold in Brooklyn, NY there were more than 22 sold above asking price, over 156 sold below and more than 171 were sold right at the asked price. In March 2025 in Brooklyn, NY there were 3.8% more homes for sale than in February. 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.