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863 Dumont Avenue

Brooklyn, NY 11207
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Bed --

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Bath 0

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Acres0.06

Acre(Lot)

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, separa te 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,395,000

AD Id : 79467335

MLS Id : 1005804

Lot Size : 0.06 Acre

Year Built : 1901

County : Kings (Brooklyn)

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Feature Features

  • Room Information

    Basement: Unfinished, Walk-Out Access
  • Interior Features

    Eat-in Kitchen, High Ceilings
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1901 Building Area Total: 3021 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0574 Lot Size Square Feet: 2500

  • Listing Price Information

    Listing Price: $1395000

  • Tax Information

    Parcel Number: 04060-0041 Annual Tax: $2067.68

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: Ps 114 Ryder Elementary
    Junior High School: Brooklyn Science And Engineering Aca
    Senior High School: Acad For Conservation & Environment
  • Utility Information

    Natural Gas Available, Cable Available, Electricity Available, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/07/2026 @ 20:03

MLS: 1005804 LISTED BY: Morris Zarifpoor, Keystone Realty USA Corp 631-261-2800 SOURCE: OneKey MLS

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