RealtyLens
for saleRealtyLens property overview
$900,000

848 Herkimer St

Brooklyn, NY, 11233
View more Brooklyn, NY property pages
5Beds
3Baths
1,644Sqft
$547$/sqft

Listing Notes

Viewing Information: Tuesday, April 29th, 12:00 PM - 1:00 PM. Vacant Prime Bedford-Stuyvesant Two-Family Townhome | Investor Special | $900, 000 Investors and developers: an exceptional opportunity awaits in the heart of Bedford-Stuyvesant! Priced at a competitive $900, 000, this estate sale features a two-family townhome offering remarkable potential for transformation and growth. Property Highlights: Prime Location: Situated in sought-after Bedford-Stuyvesant, known for its historic charm and vibrant community. Generous Lot Dimensions: Extra-long 185-foot lot, providing ample outdoor space and development potential. Unused FAR: Boasting 3, 928 square feet of unused Floor Area Ratio (FAR), this property is a canvas for your vision and creativity. Parking: Convenient curb cut for off-street parkinga rare find in this area. Details: This home requires a full gut renovation, making it the perfect project for seasoned investors or those seeking to create someone's dream property. Likely not financeable in its current condition; cash offers only, please. For additional information and to schedule your visit, contact Andrea Wells directly. This is your chance to own a piece of Bedford-Stuyvesant's rich history and unlock its full potential.

Market Insights

Near nearby median-3.5%

$547/sqft vs a nearby median of $567/sqft.

Nearby median$567/sqft
Nearby properties12
Property size1,644 sqft
  • -3.5% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,644 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$917k$834k$1.00M · 50% confidence
vs ask $900k−$17k (−1.9%)

Asking price is well-anchored to the comp picture (-1.9%). Negotiate on terms, not headline price.

$567/sqft median across 8 tight comps × 1,644 sqft= $931k
  • Days-on-market gravity−$28k −3.0%
  • Transit access+$23k +2.5%
  • Pre-war character+$23k +2.5%
  • Visible condition issues−$19k −2.0%
  • Sparse street life−$14k −1.5%
Cumulative NYC adjustments−$14k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-3.5% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

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
382 days
Last price change
No change recorded
Listed
Apr 25, 2025
Photos
2 photos
Property type
multi family
Status
for sale

Features & Amenities

Rental Property

Building Facts

Year built
1901
Stories
2
Total units
2
Residential units
2
Building area
1,647 sqft
Lot size
2,786 sqft
Land use
One and two family buildings
Building class
B3

From NYC public records where available.

Price History

May 4, 2026Initial record
$900,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents17

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

311 calls (12 mo)33,383

Top: noise - residential

Top complaint types in ZIP 11233

  • Noise - Residential5,484
  • HEAT/HOT WATER3,514
  • Illegal Parking2,842
  • UNSANITARY CONDITION1,951
  • PLUMBING1,222

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.