538 Hendrix Street, Brooklyn, NY 11207

Brooklyn
Local realty services provided by:ERA Insite Realty Services
538 Hendrix Street,Brooklyn, NY 11207
$999,999
  • - Beds
  • - Baths
  • 2,394 sq. ft.
  • Multi-family
  • Active
Listed by: marc dori
Office: 1st american one nyc ltd
MLS#:1013705
Source:OneKey MLS

Price summary

  • Price:$999,999
  • Price per sq. ft.:$417.71

About this home

DEVELOPER ALERT: R5 Zoning Blockbuster – Grandfathered 2.42 FAR Multifamily in East New York! Description: Attention strategic developers, cash buyers, and value-add investors! 538 Hendrix Street presents an extraordinary Brooklyn anomaly: a massive, built-out multifamily footprint situated within a highly desirable R5 Zoning District. Legally classified as a 2-Family home but currently operating as a high-income 3-Family setup, this brick asset is a goldmine for cash buyers ready to maximize an existing footprint that is literally impossible to legally build from scratch today. The Footprint & Layout: • Unit 1: Highly rentable 3-Bedroom layout • Unit 2: Generous 2-Bedroom layout • Unit 3: Additional 2-Bedroom layout • Bathrooms: 3 Full Baths (one per unit) • Bonus Potential: Full, unfinished basement with independent access—ideal for building mechanical storage, tenant lockboxes, or potential duplex expansion. The R5 Zoning & Development Advantage: In an R5 district, new...

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Home facts

  • Year built:1901
  • Listing ID #:1013705
  • Added:69 day(s) ago
  • Updated:August 24, 2026 at 11:28 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,394 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1901
  • Building area:2,394 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Brick

Schools

  • High school:Transit Tech Career And Tech Edu
  • Middle school:Jhs 292 Margaret S Douglas
  • Elementary school:Ps 149 Danny Kaye

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$417.71
  • Tax amount:$3,461 (2025)
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