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175 Chestnut Street

Brooklyn, NY 11208
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Bed 8

Bed

Bath 4.5

Bath

Acres0.05

Acre(Lot)

Welcome to 175 Chestnut Street, a rare fully vacant 3-family brick property in the heart of Cypress Hills, Brooklyn. Situated on a 20’ x 100’ lot, this exceptional income-producing property offers outstanding potential for investors, developers, or owner-occupants seeking space, flexibility, and long-term value. The building features three spacious residential units consisting of one 2-bedroom apartment and two 3-bedroom apartments, plus a finished basement offering an additional 2 rooms and 1 bathroom, bringing the property to a total of 5 bedrooms and 3 bathrooms. Each apartment offers generous room sizes and flexible layouts, while the finished basement provides additional space, recreation, storage, or workspace possibilities. The ground level also enjoys access to a private rear yard, perfect for outdoor enjoyment. Additional features include solid brick construction, hardwood, tile and carpet flooring, gas baseboard heat, 220-volt electric service, refrigerator and stove appliances, asphalt/flat roof, and low annual taxes of only $8,045. Delivered completely vacant at closing, the new owner will have the freedom to select tenants, renovate to maximize value, or occupy one unit while generating income from the others. Conveniently located near Fulton Street, public transportation, shopping, restaurants, schools, parks, and neighborhood amenities. This is a rare opportunity to acquire a large multi-family property in one of Brooklyn’s growing neighborhoods. Schedule your private showing today. Property Highlights ? Fully Vacant 3-Family Brick Property ? 10 Bedrooms Total ? 5 Full Bathrooms + 1 Half Bath ? Finished Basement with 2 extra rooms & 1 Bath ? Private Backyard ? 20 x 100 Lot (2,000 SF) ? Gas Baseboard Heat ? 220V Electric Service ? Annual Taxes: $8,045 ? Prime Cypress Hills Location ? Near Fulton Street & Public Transportation MLS Approve-No Financial provide due to property being vacant.ded

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 89141831

MLS Id : 503530

Beds : 8

Lot Size : 0.05 Acre

Year Built : 1901

County : Kings

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Full Baths: 4 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Hardwood, Tile, Other
  • Roofing Information

    Flat, Other
  • Interior Features

    Roof: Flat, Other Appliances: Gas Water Heater, Refrigerator, Cooktop
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas

  • Building Information

    Year Built: 1901 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 100 x 20 Lot Size Acres: 0.05 Lot Size Square Feet: 2000

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Tax Lot: 13 Tax Block: 4128 Annual Tax: $8045

  • Parking Information

    On Street, Other
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Nearby Home Value

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774 Lincoln Avenue, Brooklyn, NY, 11208 $650,000 -- -- --
458 Drew Street, Brooklyn, NY, 11208 $1,350,000 7 4 --
557 Eldert Lane, Brooklyn, NY, 11208 $1,299,999 7 5 --
233 Sheridan Avenue, Brooklyn, NY, 11208 $949,000 4 3 --
407 Eldert Lane, Brooklyn, NY, 11208 $1,149,000 7 -- --
568 Autumn Avenue, Brooklyn, NY, 11208 $1,290,000 6 4 --
3476 Fulton Street, Brooklyn, NY, 11208 $949,000 5 3 2,480 2,480 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 08/17/2026 @ 07:21

MLS: 503530 LISTED BY: Carol Delille, Real Broker NY LLC 347-312-3458 SOURCE: Brooklyn Board of REALTORS

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