The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,250,000
716 New Lots Ave
Brooklyn, NY, 11207
View more Brooklyn, NY property pages8Beds
6Baths
N/ASqft
N/A$/sqft
Listing Notes
Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity. Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don't miss out on this incredible opportunity! Additional Information: ParkingFeatures:1 Car Attached,
Market Insights
Market comparison pendingN/A
Comparable price-per-square-foot data is still developing for this home.
Nearby median$390/sqft
Nearby properties12
Property sizeN/A
- 12 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- Square footage is missing, so valuation should lean more heavily on comps and condition.
Estimated Monthly Payment
Per month, all-in$8,216/mo
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$6,653
- Property tax (est.)$1,146
- Home insurance (est.)$417
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 12 days
- Last price change
- No change recorded
- Listed
- Apr 30, 2026
- Photos
- 3 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Nov 7, 2018 · $740,000
- Garage
- 1 space
Features & Amenities
BasementGarage 1 Or MoreInvestment Opportunity
Building Facts
- Year built
- 2004
- Stories
- 3
- Total units
- 3
- Residential units
- 3
- Building area
- 3,120 sqft
- Lot size
- 1,799 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,250,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations74 open
17 class C (immediately hazardous)
ACRIS documents9
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)45,600
Top: illegal parking
Top complaint types in ZIP 11207
- Illegal Parking6,429
- Noise - Residential4,943
- HEAT/HOT WATER4,218
- Blocked Driveway2,932
- UNSANITARY CONDITION2,219
Recent HPD
- Mar 27, 2026Class A · §27-2045(B)(5) HMC, § 12-06, 12-10 RCNY POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY COMMISSIONER, IN A COMMON AREA OF A CLASS A ...
- Mar 27, 2026Class A · § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCY S HOUSING INFORMATION GUIDE. A SA...
- Mar 27, 2026Class A · §27-2045(B)(5) HMC, § 12-01 RCNY POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAILBOX AT PUBLIC HALL, 1st STORY
- Mar 27, 2026Class A · § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING. AT PUBLI...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.