688 Pennsylvania Avenue, Brooklyn, NY 11207
Kings (Brooklyn) County
Key Facts
Description
This four-family property presents a unique opportunity for investors and end-users looking to add value. The home includes a fully finished basement, offering additional usable space, as well as a private driveway for added convenience. While the property has solid bones and a functional layout, it does require updates and improvements, making it ideal for buyers seeking a renovation project or value-add investment. Each unit is currently maintained, but there is significant potential to modernize and increase rental income. With its generous configuration, there is also the possibility to convert the property into an eight-family dwelling (subject to proper approvals), further enhancing its income-producing potential. This is a must-see opportunity for those looking to customize, expand, and unlock long-term value.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1923
Living Area
3,116 sq ft
Lot Size
0.06 acres
Days on Market
31
MLS® Listing#
994260
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ps 13 Roberto Clemente
- Middle:
- Van Siclen Community Middle School
- High:
- W H Maxwell Career And Tech Hs
Financial Details
Annual Taxes
$10,757
Assessed Value
$155,700
Parcel Number
04298-0030
Affordability Calculator
$231,800
Estimated monthly payment
$6,169/mo
Principal $927,200 · Est. interest $1,293,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $989,806
- Median Listing Price
- 81
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,910
- Active Listings
- This home’s price is 17% above the area median.
- Its price per sq ft is 34% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
- 688 Pennsylvania Avenue, Brooklyn, NY 11207
Getting Around
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
PS 213 New Lots
Elementary · 0.1 mi away
Pathways To Graduation
School · 0.1 mi away
PS 190 Sheffield
Elementary · 0.2 mi away
Collegiate Academy for Mathematics and Personal Awareness Charter School
Secondary · 0.2 mi away
PS 13
Elementary · 0.2 mi away
Brooklyn School District 19
School · 0.2 mi away
PS 36
Elementary · 0.3 mi away
Grace Baptist School
Elementary · 0.3 mi away
P. S 4 Maurice Wollin School
School · 0.3 mi away
Hyde Leadership Charter School
Secondary · 0.3 mi away
The Magnet School of Multimedia Arts and Engineering @ van Siclen Community Middle
Secondary · 0.4 mi away
Achievement First Linden Elementary School
Secondary · 0.4 mi away
Brooklyn Gardens Elementary School
Elementary · 0.4 mi away
School of the Future Brooklyn
Secondary · 0.4 mi away
World Academy for Total Community Health High School
Secondary · 0.5 mi away
Watch High School
Secondary · 0.5 mi away
Performing Arts and Technology High School
Secondary · 0.5 mi away
Fdny - Captain Vernon A. Richard High School for Fire and Life Safety
Secondary · 0.5 mi away
Young Adult Borough Center Thomas Jefferson Campus
Secondary · 0.5 mi away
Imagine Me Leadership Charter School
Elementary · 0.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1725 68th Street 1F, Brooklyn, NY | $815,000 | 2 | — | 1,187 |
| 78 Bay 22nd Street 4, Brooklyn, NY | $818,000 | 3 | — | 914 |
| 433 Wyona Street, Brooklyn, NY | $818,888 | — | — | 4,125 |
| 252 East 56th Street, Brooklyn, NY | $819,000 | 3 | — | 1,440 |
| 39 Bay 38th Street 3D, Brooklyn, NY | $819,000 | 3 | — | 1,157 |
| 10117 Avenue K, Brooklyn, NY | $819,900 | 4 | — | 1,596 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Winzone Realty Inc - 7188997000
Presented by: Neriya Borukhov
Fair Housing Notice