Property Description
Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity.Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don't miss out on this incredible opportunity! Additional Information: ParkingFeatures:1 Car Attached,
716 New Lots Avenue | MLS# 992858
This multi-family property located at 716 New Lots Avenue , Brooklyn, NY 11207 is currently listed for sale with an asking price of $1,250,000. New Lots Avenue is located within the Contact Agent school district. Search Brooklyn real estate on sean-oshaughnessy.timberlandproperties.com today.
Gallery
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Natural Gas, Baseboard
Lot Size: 0.04 Acres
Taxes: $7,861
Year Built: 2004
Amenities
First Floor Bedroom
First Floor Full Bath
Entrance Foyer
Storage
Feature Descriptions
Building Area Total: 3120
Exterior: Brick
GarageY/N: Yes
Laundry: In Basement
On Market Date: 2026-04-30
Parcel Number: 04311-0105
Parking Features: Attached, Garage, Open
Parking Total: 1
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Trash Collection Public
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
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716 New Lots Avenue , Brooklyn, NY 11207
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Estimated Payment
$ 3,801.62 per month $2,781.96 Principal & Interest $655.08 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
Demographics
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Sean O'Shaughnessy
Agent Phone: Cell: (607) 287-0030
Agency Title: Timberland Properties
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716 New Lots Avenue , Brooklyn, NY 11207
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Sean O'Shaughnessy Licensed Real Estate Salesperson
Cell: (607) 287-0030
Main: (845) 586-3321
Office: (845) 586-3321
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