RealtyLens
for saleRealtyLens property overview
$2,250,000

1138 E 3rd St

Brooklyn, NY, 11230
View more Brooklyn, NY property pages
4Beds
3Baths
2,380Sqft
$945$/sqft

Listing Notes

First time on the market, this exceptional three-story, two-family residence in the heart of Midwood presents a rare opportunity to own a meticulously maintained and versatile home ideal for both comfortable living and income generation. The owner's duplex offers an expansive and thoughtfully designed layout, featuring a large sunlit living room, formal dining room with rich hardwood floors, a 3/4 bath, and a well-appointed kitchen with stainless steel appliances, complemented by a separate breakfast nook with direct access to a tranquil private rear yard. The second floor boasts a generously sized primary bedroom with a separate dressing room, two additional bedrooms, a full bath, and a charming enclosed front sunroom porch. The third-floor unit, complete with hardwood floors and a skylight in the hallway that fills the space with natural light, provides a spacious one-bedroom rental with living room, kitchen, and 3/4 bath, offering excellent supplemental income. A full semi-finished basement with two rooms, a separate laundry area, half bath, and private exterior side entrance adds further flexibility. Complete with a shared driveway and serene outdoor space, this impressive property is perfectly suited for extended families or investors seeking a refined, income-producing asset in a prime location, just moments from the F train, B6 bus line, Ocean Parkway, and a vibrant array of local shops, eateries, and neighborhood amenities, with convenient access to Manhattan.

Market Insights

Above nearby median+51%

$945/sqft vs a nearby median of $625/sqft.

Nearby median$625/sqft
Nearby properties12
Property size2,380 sqft
  • +51% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,380 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.45M$1.32M$1.58M · 50% confidence
vs ask $2.25M+$801k (+35.6%)

Asking price is about 35.6% above where comps + adjustments land — there is room to negotiate.

$603/sqft median across 11 tight comps × 2,380 sqft= $1.44M
  • Transit access+$36k +2.5%
  • Pre-war character+$36k +2.5%
  • Visible condition issues−$36k −2.5%
  • Sparse street life−$22k −1.5%
Cumulative NYC adjustments+$14k+1.0%

Property Read

FreshnessVerification recommended

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

Market Position+51% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

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

Diligence Read3 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
12 days
Last price change
No change recorded
Listed
Apr 29, 2026
Photos
37 photos
Property type
multi family
Status
for sale

Features & Amenities

Hardwood FloorsLaundry RoomBasementTwo Or More StoriesPrivate BackyardFront PorchRental PropertyPorchDenShopping

Photos

Building Facts

Year built
1925
Stories
3
Total units
2
Residential units
2
Building area
2,380 sqft
Lot size
2,400 sqft
Land use
One and two family buildings
Building class
B2

From NYC public records where available.

Price History

May 4, 2026Initial record
$2,250,000for 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)34,809

Top: illegal parking

Top complaint types in ZIP 11230

  • Illegal Parking7,642
  • HEAT/HOT WATER4,263
  • Blocked Driveway2,735
  • Noise - Residential2,601
  • UNSANITARY CONDITION1,238

Recent Transfers (ACRIS)

  • Apr 8, 1982DEED

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.

1138 E 3rd St, Brooklyn, NY, 11230 | RealtyLens