$10,000

closing credit¹

361 Chestnut Ct Brooklyn, NY 11208

$1,200,000
5 beds
3 full
1,680 sqft
$714 / sqft
Multi-Family

Property details

About 361 Chestnut Ct

We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential. Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors. The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.

Highlights

Home typeMulti Family
HeatingSteam, Oil
StatusActive
Size1,680 sqft
BasementYes
Year built1920
Parking3 Spaces, Community Drive
MLS #487173
Garage3 spaces

Summary

  • MLS Number: 487173
  • Office Name: Sarrazin Estates LTD

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.

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Last updated on: 1/30/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with covered porch and cooling unit

$1,200,000

361 Chestnut Ct

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$47,820$4,835
2023$48,900$4,785
2021$44,640$8,942
2019$43,740$4,493
2018$19,855$3,822
2017$18,750$3,539

History based on county public records data.

Nearby schools

4

P.S. 159 Isaac Pitkin School

Public District KG-5

0.3 mi

2781 Pitkin Ave

5

P.S. 345 Patrolman Robert Bolden School

Public District KG-5

0.3 mi

111 Berriman St

8

Cypress Hills Ascend Charter School

Public Charter KG-3

0.4 mi

396 Grant Ave

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 $30,000. The most common annual income of people living in Brooklyn, NY is less than $<35k. The most common type of family is 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?

53%
<35k
36%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
28%
Single, with Kids
14%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

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 361 Chestnut Ct in Brooklyn, NY and zip code 11208 in the City Line neighborhood. This 1,680 square foot home was built in 1920. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $1,200,000.

Brooklyn, NY housing market in December 2024 saw over 40 listings sold above listed price, more than 257 sold at listed price and over 178 sold below. The number of homes for sale in Brooklyn, NY decreased by 10.4% between November and December 2024. Listings spent 88 days on the market in December 2024, and had a median list price of $987,395 during the same period.

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

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