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$2,500,000

581 Decatur St New York City, NY 11233

6 beds
7 full
3,752 sqft
$666 / sqft
Multi-Family

Property details

About 581 Decatur St

All showings are by appointment. Opportunity knocks with this 19’ x 50’ brownstone offering approximately 3,752 square feet of living space on a bucolic, tree-lined block in one of Brooklyn’s most vibrant neighborhoods. Whether you're looking to live in one unit and collect income from two fully renovated rental units, or rent out the entire building, this investment delivers flexibility, strong cash flow, and long-term upside. The rental market is strong and there is no slowdown in sight, making this the ideal investment opportunity. Each unit is thoughtfully outfitted with tenant-friendly amenities, including individual electric and water meters, dishwashers, and in-unit washer/dryers—features that maximize your rent roll. Rental income from the two units can cover more than half of your monthly mortgage, making this an ideal option for both owner-occupants and savvy investors. Located just a short distance from the C train for a convenient Manhattan commute and moments from Saratoga Park, this is a rare chance to own a turn-key, income-producing asset n one of Brooklyn’s most dynamic and appreciating enclaves.

Highlights

Home typeMulti Family
StatusActive
CoolingOther
Size3,752 sqft
BasementYes
Year built1899
MLS #RLS20023269

Summary

  • Full Bathrooms: 7
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Kitchen Island
  • Total Bedroom Count: 6
  • Attached Garage: No
  • Exterior: Private Outdoor Space Over 60 Sqft, Private Yard
  • Cooling: Other
  • List Price: $2,500,000
  • Price/SqFt: $666
  • HOA Amount: $0 Monthly
  • Year Built: 1899
  • Living Area: 3,752 SqFt
  • MLS Number: RLS20023269
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Delson Ronit Abraham
  • Agent Phone: (917) 572-2583

The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumers' consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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
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: 7/30/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

6

PS/Intermediate School 137 Rachael Jean Mitchell

Public District PK-5

0.2 mi

121 Saratoga Ave

5

P.S. 5 Dr. Ronald E. Mcnair School

Public District KG-5

0.2 mi

820 Hancock St

9

P.S. 40 George W. Carver School

Public District KG-5

0.2 mi

265 Ralph 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 $47,733. The most common annual income of people living in New York City, NY is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

30%
<35k
49%
35k-100k
10%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • IKEAIKEA
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • QuiznosQuiznos
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • LexusLexus
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 581 Decatur St

The listing price of 581 Decatur St property is $2,500,000.

The property 581 Decatur St is a multi located in New York City, New York, 11233.

Active Listing: 581 Decatur St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 581 Decatur St are: PS/Intermediate School 137 Rachael Jean Mitchell (GreatSchools Rating 6/10), P.S. 5 Dr. Ronald E. Mcnair School (GreatSchools Rating 5/10), P.S. 40 George W. Carver School (GreatSchools Rating 9/10), Excellence Boys Charter School of Bedford Stuyvesant (GreatSchools Rating 6/10), Ocean Hill Collegiate Charter School (GreatSchools Rating 7/10), Mott Hall Iv (GreatSchools Rating 2/10), Brooklyn High School for Law and Technology (GreatSchools Rating 3/10), Excellence Girls Charter School (GreatSchools Rating 5/10), Eagle Academy for Young Men II (GreatSchools Rating 6/10).

The property 581 Decatur St is 3,752 SqFt (source: MLS/tax record).

The year of construction for 581 Decatur St is 1899.

This home is located at 581 Decatur St in New York City, NY and zip code 11233 in the Stuyvesant Heights neighborhood. This 3,752 square foot home was built in 1899. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $2,500,000.

Over 232 listings were sold over their listed price in June 2025 in New York City, NY. In the same period over 715 listings were sold below the listed price and 1007 listings were sold for the listed price. The number of listings in New York City, NY decreased by 4.3% between May and June 2025. While the average time on the market in June 2025 was 99 days, the median list price was $881,252.

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

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