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Listed price in listed location currency (USD).
$1,395,000

000

MLS® 1005804

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $2,068
Days Active 0
Lot Size 
Approx. Age 1901
MLS® Number 1005804

Property Address: 863 Dumont Avenue, New York, NY, 11207

Average square foot calculated using Size range provided by listing agent.

Description

863 Dumont Ave, Brooklyn, NY 11207 – Exceptional investment opportunity in the heart of East New York. This legal detached brick 3-family building offers strong existing cash flow with significant upside potential. Configured as a spacious 5-bedroom/1-bath apartment over two 4-bedroom/1-bath apartments, plus a full unfinished basement with both an interior entrance and separate rear access. The property underwent a gut renovation approximately 5 years ago and remains in very good overall condition, requiring only minor cosmetic updating. Fully occupied and producing approximately $9, 600 per month in rental income, this property also presents clear upside potential with projected market rents estimated around $13, 000 per month. Additional features include detached brick construction, separate utilities with 2 electric meters and 3 gas meters, 1 hot water tank, and 1 furnace. The oversized apartments provide excellent functionality and strong tenant appeal in a high-demand rental market. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major roadways. Easy access to subway lines, bus routes, and the Belt Parkway adds to the property’s long-term investment appeal. Excellent opportunity for investors seeking a large income-producing Brooklyn property with strong existing returns and future growth potential.
MLS® Number1005804
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1901
BasementUnfinished, Walk-Out Access
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$1,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
863 Dumont Avenue, New York, NY

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