new - 7 days on rocket

1128 38th St, Brooklyn, NY, 11218

$1,890,000

Home List Price

$10,000*

Closing Credit

3 Full Baths, 1 Partial
2,088 SqFt
$905/SqFt
Multi

Location

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1128 38th St, Brooklyn$1,890,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Parking2 Spaces, Detached Garage, Shared Drive
Year Built1899
HeatingForced Air, Natural Gas
CoolingOther
BasementYes
FireplaceStove
MLS #488287
StatusActive

About 1128 38th St

"Spacious Two-Family Home in Boro Park! This large 2-family house offers endless possibilities, featuring two floors plus a basement on a 25x100 lot with R6 zoning. Each apartment boasts 3 bedrooms and 1.5 bathrooms, making it perfect for investors or end-users seeking rental income. Each unit has separate heat and utilities. With a shared driveway leading to a garage in the back, parking is a breeze. The building measures 20x60, providing ample space for customization. While the property needs some work, it’s priced at $1.890M (negotiable) for incredible value in today’s market. Don’t miss this opportunity to create your dream home or investment property!"

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Stories: 2
  • Living Area: 2,088 SqFt

Listing Office:

  • Office Name: Real Broker LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: 2 Spaces, Detached Garage, Shared Drive

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,890,000
  • Price Per SqFt: $905/SqFt

Tax Information:

  • Annual Amount: $5,941
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$987.3K

Med. Price/SqFt

$714

Avg. Days On Market

88

# of Sold Homes

475

1128 38th St vs Brooklyn

7 DAYS ON ROCKET

-81 Days

$1,890,000

+$902.6K More

$905/SqFt

+$190 More

KEY TAKEAWAY

This property is $902.6K more than the Median Sold Price and $190/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488287

Listing Office:

  • Office Name: Real Broker LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/7/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2001Home Sold
$221,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,941$65,100
2019$5,940$76,560
2018$5,112$25,081
2017$4,956$25,081

History based on county public records data.

Payment Calculator

$9,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,733

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-734000
4
/10

  • P.S. 119 The Amersfort School

  • 3829 Avenue K

  • 0.12 miles

  • Public Magnet Grades KG-5

school-card-donut-734001
7
/10

  • P.S. 193 Gil Hodges School

  • 2515 Avenue L

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-734002
5
/10

  • P.S. 198 Brooklyn

  • 4105 Farragut Rd

  • 0.69 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,297. Most Brooklyn, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11218›1128 38th St

This home is located at 1128 38th St in Brooklyn, NY and zip code 11218 in the Flatlands neighborhood. This 2,088 square foot home was built in 1899. Features: 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $1,890,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November 2024. The median list price of listings available in December 2024 was $987,395, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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