RealtyLens
for saleRealtyLens property overview
$959,000

3731 Neptune Ave

Brooklyn, NY, 11224
View more Brooklyn, NY property pages
6Beds
3Baths
2,996Sqft
$320$/sqft

Listing Notes

2 family in the private community of Seagate! This house boasts 6 rooms over 6 rooms with a finished basement. Shared driveway, with 1 private parking spot in the back, nice sized back yard. The house needs updating with potential to be your dream home in a private community. New windows on the first floor, roof is 10 years old, the hot water tank is 1 years old, the boiler is 11 years old. Seagate community has its own security department and fire department. The house is conveniently located near all transportation, a short distance to beach and house of worship. Will be Delivered Vacant!

Market Insights

Below nearby median-44%

$320/sqft vs a nearby median of $574/sqft.

Nearby median$574/sqft
Nearby properties12
Property size2,996 sqft
  • -44% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,996 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.58M$1.44M$1.72M · 50% confidence
vs ask $959k−$618k (−64.4%)

Asking price is about 64.4% below the fair value — likely to draw competing offers if it's still on market.

$576/sqft median across 10 tight comps × 2,996 sqft= $1.72M
  • Transit access−$52k −3.0%
  • Days-on-market gravity−$52k −3.0%
  • Pre-war character+$43k +2.5%
  • Special flood hazard zone−$34k −2.0%
  • Sparse street life−$26k −1.5%
  • Visible condition issues−$26k −1.5%
Cumulative NYC adjustments−$147k−8.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-44% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
295 days
Last price change
No change recorded
Listed
Jul 21, 2025
Photos
4 photos
Property type
multi family
Status
for sale
Last sold
Aug 1, 1984 · $76,000

Features & Amenities

Hardwood FloorsTwo Or More StoriesBasementPrivate ParkingBeach

Building Facts

Year built
1925
Stories
2
Total units
2
Residential units
2
Building area
2,996 sqft
Lot size
3,000 sqft
Land use
One and two family buildings
Building class
B2

From NYC public records where available.

Price History

May 4, 2026Initial record
$959,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents24

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)13,403

Top: illegal parking

Top complaint types in ZIP 11224

  • Illegal Parking2,793
  • Noise - Residential2,326
  • HEAT/HOT WATER809
  • UNSANITARY CONDITION608
  • Noise - Street/Sidewalk604

Recent Transfers (ACRIS)

  • May 1, 1992DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.