$930,000

427 New Lots Ave Brooklyn, NY 11207

$10,000
Closing credit¹
0 beds
Multi-Family

Property details

About 427 New Lots Ave

Mix Use 2 Floors - 1st Floor Large 1,700 Ft. Store/Office Space as Rented $4,300 (Vacant End of June 20025) - 2nd Floor Renovated 3 Bedrooms and 2 Full Baths - Rented $3,464 (Lease up to 2/2027) - Lots of Windows - Bldg 21.17 Ft. (Frontage) x 63 Ft. (Length)- NOI $78,120.

Highlights

Home typeDuplex
HeatingBaseboard, Hot Water
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1930
MLS #859329

Summary

  • Basement: Yes
  • Interior: Pantry, Wired for Sound
  • Private Pool: No
  • Parking: None
  • Heating: Baseboard, Hot Water
  • Cooling: Wall/Window Unit(s)
  • List Price: $930,000
  • Annual Tax Amount: $7,153
  • Tax Year: 2024
  • Year Built: 1930
  • MLS Number: 859329
  • MLS Name: ONEKEY2
  • Office Name: Auri Realty Management LLC
  • Office Phone: (917) 693-3024

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. 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: 6/3/2025, 6:41:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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427 New Lots Ave, Brooklyn, NY 11207 - view of gate

$930,000

427 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
Apr 09, 2019
Home Sold
$500,000

Tax history

YearAssessmentProperty Tax
2024$45,720$7,153
2023$47,580$6,943
2021$48,900$14,272
2020$48,900$6,977
2018$14,472$3,027
2017$14,328$2,782

History based on county public records data.

Nearby schools

5

P.S. 13 Roberto Clemente School

Public District KG-5

0.1 mi

557 Pennsylvania Ave Ste 1

7

P.S. 190 Sheffield School

Public District KG-5

0.2 mi

590 Sheffield Ave

2

P.S. 213 New Lots School

Public District PK-5

0.2 mi

580 Hegeman 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 $34,875. Typical income of Brooklyn, NY residents is less than $<35k annually. Residents typically live in single, no kids family. 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
40%
35k-100k
10%
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?

43%
Single, No Kids
28%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • 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 427 New Lots Ave in Brooklyn, NY and zip code 11207 in the East New York neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $930,000.

Over 37 listings were sold over their listed price in May 2025 in Brooklyn, NY. In the same period over 172 listings were sold below the listed price and 227 listings were sold for the listed price. The number of listings in Brooklyn, NY increased by 0.2% between April and May 2025. In May 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $992,262.

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

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