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1969 8th Street

Brooklyn, NY 11223
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Bed 5

Bed

Bath 2

Bath

SqFt1,640

Sqft

Acres0.04

Acre(Lot)

Rare investment opportunity in highly desirable Gravesend, Brooklyn! Listed below its official city valuation at $995,000, this meticulously maintained single-family property offers immediate built-in equity and stable, hassle-free income from day one, making it an exceptional turn-key asset for a 1031 exchange or a forward-thinking investor. The main level features a massive, sun-drenched living room, a formal dining room, a full kitchen, one bedroom, a full bathroom, and direct access to a private outdoor patio. The second floor boasts an expansive primary bedroom, an additional spacious bedroom, and a pristine full bath. The ground floor / walk-in lower level provides a versatile, expansive footprint currently utilized as a home gym and massive storage area—perfect for a home office, recreation room, or media space. The property is currently occupied by an exemplary, long-term tenant on a multi-year lease, ensuring immediate, reliable income and zero vacancy risk. Financials and lease details are available upon request to qualified buyers. Furthermore, the massive footprint provides excellent value-add conversion potential; similar layouts in the immediate area have been successfully converted into high-income, legal 2-family residences. Located just steps from premier Brooklyn transit, dining, and shopping, this is a secure, low-risk addition to any portfolio. All future conversion potential, zoning requirements, and ground floor/walk-in usage are subject to the buyer's independent verification with a licensed architect and the NYC DOB.

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Detail Ic Property Details

Property Type : Residential

Price : $995,000

AD Id : 79459718

MLS Id : 501792

Beds : 5

Lot Size : 0.04 Acre

Living Area Size : 1,640

Year Built : 1930

County : Kings

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Full Baths: 2

    Room Information

    Rooms Total: 14 Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Hardwood, Tile
  • Roofing Information

    Shingle, Flat
  • Interior Features

    Roof: Shingle, Flat Appliances: Gas Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Cooktop, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1930 Building Area Total: 1640 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 82 x 19 Lot Size Acres: 0.04 Lot Size Square Feet: 1615

  • Listing Price Information

    Listing Price: $995000

  • Tax Information

    Tax Lot: 60 Tax Block: 7081 Annual Tax: $6501

  • Parking Information

    On Street, None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10 Brighton 10th Court, Brooklyn, NY, 11223 $1,450,000 9 3 2,496 2,496 SqFt
8A Brighton 10th Court, Brooklyn, NY, 11223 $798,000 4 2 --
2530 Coney Island Avenue, Brooklyn, NY, 11223 $1,650,000 7 4 --
2367 7th Street, Brooklyn, NY, 11223 $1,599,000 -- -- --
461 Avenue X, Brooklyn, NY, 11223 $3,200,000 9 3 2,880 2,880 SqFt
2311 5th Street, Brooklyn, NY, 11223 $7,199,000 -- 3 --
2156 Ocean Parkway, Brooklyn, NY, 11223 $6,200,000 4 2.5 2,520 2,520 SqFt
2395 E 3rd Street, Brooklyn, NY, 11223 $1,650,000 6 3 --
2358 2nd Street, Brooklyn, NY, 11223 $1,675,000 7 3 2,880 2,880 SqFt
2350 2nd Street, Brooklyn, NY, 11223 $5,200,000 -- 4 1,799 1,799 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 07/23/2026 @ 11:17

MLS: 501792 LISTED BY: Siu Chan, Ashford Homes LLC 929-364-1301 SOURCE: Brooklyn Board of REALTORS

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