635 E 38th Street, Brooklyn, NY 11203

Brooklyn
Local realty services provided by:ERA Insite Realty Services
635 E 38th Street,Brooklyn, NY 11203
$1,550,000
  • 8 Beds
  • 3 Baths
  • 2,523 sq. ft.
  • Multi-family
  • Active
Listed by: george ockovic
Office: yourhomesold guaranteed realty
MLS#:1065148
Source:OneKey MLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$614.35

About this home

Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence...

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Home facts

  • Year built:1920
  • Listing ID #:1065148
  • Added:3 day(s) ago
  • Updated:October 25, 2026 at 10:54 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Finished, Walk-Out Access
  • Living area:2,523 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:2,523 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Midwood High School
  • Middle school:Andries Hudde
  • Elementary school:Ps 198

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$614.35
  • Tax amount:$9,069 (2026)

Parking

  • Parking description:Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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