863 Dumont Avenue, Brooklyn, NY 11207
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
863 Dumont Avenue,Brooklyn, NY 11207
$1,395,000
- - Beds
- - Baths
- 3,021 sq. ft.
- Multi-family
- Active
Listed by: morris zarifpoor
Office: keystone realty usa corp
MLS#:1005804
Source:OneKey MLS
Price summary
- Price:$1,395,000
- Price per sq. ft.:$461.77
About this home
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....
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Home facts
- Year built:1901
- Listing ID #:1005804
- Added:1 day(s) ago
- Updated:May 29, 2026 at 01:41 PM
Rooms and interior
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen
- Basement:Yes
- Basement Description:Unfinished, Walk-Out Access
- Living area:3,021 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1901
- Building area:3,021 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Schools
- High school:Acad For Conservation & Environment
- Middle school:Brooklyn Science And Engineering Aca
- Elementary school:Ps 114 Ryder Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,395,000
- Price per sq. ft.:$461.77
- Tax amount:$2,068 (2025)
Features and amenities
- Amenities:High Ceilings
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