RealtyLens
for saleRealtyLens property overview
$1,699,000

408 E 29th St

Brooklyn, NY, 11226
View more Brooklyn, NY property pages
10Beds
4Baths
3,998Sqft
$425$/sqft

Listing Notes

Originally built in 1910, this barrel front prewar four family is ideal for an end user in search of additional rental income or investors alike. The owner's duplex (delivered vacant) features a three bedroom duplex with a full height, fully finished basement with access to a private yard. The rental apartments above include a 1 and 2 bedroom while the top level features a full floor, four bedroom. All apartments are on month to month leases and could be delivered vacant. Centrally located, the Newkirk Avenue 2 and 5 station is around the corner on Nostrand Avenue (2 minute walk). The Nostrand Playground is also just a few blocks away. Located within the Nostrand Playground is the upcoming Shirley Chisholm Recreation Center (scheduled to open in early 2026). The LEED Gold certified project will include an indoor swimming pool, gym and walking track, fitness strength and cardio rooms, public plaza, teaching kitchen and so much more.

Market Insights

Below nearby median-19%

$425/sqft vs a nearby median of $527/sqft.

Nearby median$527/sqft
Nearby properties12
Property size3,998 sqft
  • -19% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,998 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.74M$1.58M$1.90M · 50% confidence
vs ask $1.70M−$42k (−2.5%)

Asking price is well-anchored to the comp picture (-2.5%). Negotiate on terms, not headline price.

$440/sqft median across 6 tight comps × 3,998 sqft= $1.76M
  • Transit access+$70k +4.0%
  • Pre-war character+$44k +2.5%
  • Days-on-market gravity−$35k −2.0%
  • Open Class C HPD violations−$26k −1.5%
  • Sparse street life−$26k −1.5%
  • Local affordability headwind−$18k −1.0%
  • Virtually staged−$18k −1.0%
  • Visible condition issues−$9k −0.5%
Cumulative NYC adjustments−$18k−1.0%

Property Read

FreshnessVerification recommended

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

Market Position-19% 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 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
123 days
Last price change
No change recorded
Listed
Jan 9, 2026
Photos
11 photos
Property type
multi family
Status
for sale
Last sold
May 2, 2014 · $685,000

Features & Amenities

Two Or More StoriesSwimming PoolBasementPrivate BackyardRental PropertyPlaygroundClubhouse

Photos

Building Facts

Year built
1910
Stories
3
Total units
4
Residential units
4
Building area
3,998 sqft
Lot size
1,600 sqft
Land use
Multi-family walk-up buildings
Building class
C3

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,699,000for sale

Public Records

DOB violations0 open

1 total recorded against the building

HPD violations4 open

1 class C (immediately hazardous)

ACRIS documents27

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

311 calls (12 mo)59,962

Top: heat/hot water

Top complaint types in ZIP 11226

  • HEAT/HOT WATER11,419
  • Noise - Residential6,228
  • Illegal Parking5,811
  • UNSANITARY CONDITION4,038
  • Noise - Street/Sidewalk3,184

Recent DOB

  • Jun 3, 2007VW*-VIOLATION - WORK W/O PERMIT DISMISSED · C-CONSTRUCTION OTHER OPTIONAL

Recent HPD

  • Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Jun 9, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 29, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Apr 9, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...

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.