$10,000 Closing Credit¹
#825092, Listing Office: Exit All Seasons Realty
$2,200,000 List price
596 Eastern Pkwy Brooklyn, NY 11225
$10,000
Closing credit¹
6 beds
3 full
0.05 acres
Multi-Family
Property details
About 596 Eastern Pkwy
Prime Multifamily Investment Opportunity. This three-unit apartment building offers a fantastic investment opportunity in a high-demand area. Built circa 1915, the property features three (3) two-bedroom 1-bathroom apartments, currently all month to month providing steady rental income. Prime Location: Situated on Eastern Parkway with excellent visibility, easy access to public transportation, and strong tenant demand. Strong Income Potential: Comparable two-bedroom rentals in the area support a solid revenue stream. Well-Maintained Building: Professionally managed with no major deferred maintenance, featuring durable masonry and brick construction. Desirable Unit Features: Each apartment has separate electric and gas meters, plus double-hung aluminum frame windows with thermopane glass. Functional Improvements: Gas-fired heating units, PVC-to-cast iron plumbing, and brass potable lines enhance efficiency. Low Operating Expenses: Efficient management and low vacancy rates contribute to strong cash flow. Additional Features: One interior stairwell, no elevator, and battery-operated smoke alarms in each unit. This well-maintained property is a rare chance to acquire a cash-flowing asset in one of Brooklyn’s most sought-after neighborhoods. Don’t miss this exceptional investment opportunity!
Highlights
Home typeTriplex
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.0458 Acres
Year built1915
MLS #829118
Summary
- MLS Number: 829118
- MLS Name: ONEKEY2
- Office Name: Chess Real Estate Services LLC
- Office Phone: (914) 343-3924
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.
The 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.
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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: 3/4/2025, 11:11:51 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
$2,200,000
596 Eastern Pkwy
$10,000
closing credit¹
Sell your home with Rocket and save even more!
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $107,760 | $10,414 |
| 2023 | $104,640 | $10,048 |
| 2021 | $98,400 | $20,016 |
| 2019 | $119,340 | $9,593 |
| 2018 | $34,989 | $6,728 |
| 2017 | $33,009 | $6,582 |
History based on county public records data.
Nearby schools
6
P.S. 161 The Crown School
Public District KG-5
0.2 mi
•330 Crown St
7
P.S. 289 George V. Brower School
Public District PK-5
0.5 mi
•900 Saint Marks Ave
7
P.S. 241 Emma L. Johnston School
Public District KG-5
0.6 mi
•976 President 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 $44,348. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
41%
<35k
45%
35k-100k
8%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 596 Eastern Pkwy in Brooklyn, NY and zip code 11225 in the Central Brooklyn neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $2,200,000.
Brooklyn, NY housing market in February 2025 saw over 41 listings sold above listed price, more than 162 sold at listed price and over 158 sold below. The number of listings in Brooklyn, NY decreased by 3% between January and February 2025. In February 2025, listings were on the market for 132 days. During the same period, the median list price in this real estate market was $995,000.
From Rocket Homes Real Estate and based on county public records data.