538 Hendrix Street
Brooklyn, NY 11207
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Bed
0
Bath
0.02Acre(Lot)
DEVELOPER ALERT: R5 Zoning Blockbuster – Grandfathered 2.42 FAR Multifamily in East New York! Description: Attention strategic developers, cash buyers, and value-add investors! 538 Hendrix Street presents an extraordinary Brooklyn anomaly: a massive, built-out multifamily footprint situated within a highly desirable R5 Zoning District. Legally classified as a 2-Family home but currently operating as a high-income 3-Family setup, this brick asset is a goldmine for cash buyers ready to maximize an existing footprint that is literally impossible to legally build from scratch today. The Footprint & Layout: • Unit 1: Highly rentable 3-Bedroom layout • Unit 2: Generous 2-Bedroom layout • Unit 3: Additional 2-Bedroom layout • Bathrooms: 3 Full Baths (one per unit) • Bonus Potential: Full,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Cooling: None
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Building Information
Year Built: 1901 Building Area Total: 2394 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0227 Lot Size Square Feet: 988
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Listing Price Information
Listing Price: $999999
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Tax Information
Parcel Number: 04058-0122 Annual Tax: $3460.72
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Parking Information
No Garage, None
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School Information
Elementary School: Ps 149 Danny KayeJunior High School: Jhs 292 Margaret S DouglasSenior High School: Transit Tech Career And Tech Edu -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1474 Blake Avenue, Brooklyn, NY, 11207 | $1,200,000 | 6 | 5 | -- | |
| 980 Jerome Street, Brooklyn, NY, 11207 | $850,000 | 4 | 4 | -- | |
| 819 Ashford Street, Brooklyn, NY, 11207 | $849,000 | 4 | 3 | 2,080 | 2,080 SqFt |
| 819 Hegeman Avenue, Brooklyn, NY, 11207 | $899,000 | 5 | 2.5 | -- | |
| 716 New Lots Avenue, Brooklyn, NY, 11207 | $1,150,000 | 8 | 6 | -- | |
| 567 Ashford Street, Brooklyn, NY, 11207 | $1,280,000 | -- | -- | -- | |
| 557 Ashford Street, Brooklyn, NY, 11207 | $1,249,999 | 5 | 4 | -- | |
| 711 Schenck Avenue, Brooklyn, NY, 11207 | $753,500 | 5 | 2 | -- | |
| 660 Warwick Street, Brooklyn, NY, 11207 | $1,275,000 | 5 | 4 | -- | |
| 593 Warwick Street, Brooklyn, NY, 11207 | $550,000 | 6 | 2 | -- |
Similar Multifamily To 538 Hendrix Street
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ByOwner last updated this listing 06/20/2026 @ 18:37
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