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1138 E 3rd St
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
$945/sqft vs a nearby median of $625/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
Asking price is about 35.6% above where comps + adjustments land — there is room to negotiate.
- Transit access+$36k +2.5%
- Pre-war character+$36k +2.5%
- Visible condition issues−$36k −2.5%
- Sparse street life−$22k −1.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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
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
Public Records
0 total recorded against the building
0 total recorded
Tax-lot deed, mortgage, and transfer records on file
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.