RealtyLens
for saleRealtyLens property overview
$1,299,000

881 39th St

Brooklyn, NY, 11232
View more Brooklyn, NY property pages
11Beds
6.5Baths
3,921Sqft
$331$/sqft

Listing Notes

Prime Sunset Park location! This well-maintained semi-detached 6-family brick building offers excellent income potential and features a wide shared driveway for added convenience. The property consists of 5 two-bedroom units and 1 one-bedroom unit, generating a gross annual income of $95,900. Recent upgrades include a brand-new water heater, a gas boiler that is approximately 9 years old, and a roof that was replaced 6 years ago. The building measures 20' x 65' and sits on a 26' x 89' lot. A rare opportunity in a highly sought-after neighborhood-won't last!

Market Insights

Below nearby median-74%

$331/sqft vs a nearby median of $1247/sqft.

Nearby median$1247/sqft
Nearby properties12
Property size3,921 sqft
  • -74% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,921 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.75M$4.32M$5.17M · 50% confidence
vs ask $1.30M−$3.45M (−265.5%)

Asking price is about 265.5% below the fair value — likely to draw competing offers if it's still on market.

$1,262/sqft median across 10 tight comps × 3,921 sqft= $4.95M
  • Open Class C HPD violations−$297k −6.0%
  • Transit access+$198k +4.0%
  • Days-on-market gravity−$148k −3.0%
  • Pre-war character+$124k +2.5%
  • Sparse street life−$74k −1.5%
Cumulative NYC adjustments−$198k−4.0%

Property Read

FreshnessCurrent market data

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

Market Position-74% 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 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
300 days
Last price change
No change recorded
Listed
Jul 16, 2025
Photos
27 photos
Property type
multi family
Status
for sale
Last sold
Feb 21, 2002 · $290,000

Features & Amenities

Hardwood FloorsTwo Or More Stories

Photos

Building Facts

Year built
1933
Stories
3
Total units
6
Residential units
6
Building area
3,921 sqft
Lot size
2,178 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,299,000for sale

Public Records

DOB violations0 open

2 total recorded against the building

HPD violations73 open

21 class C (immediately hazardous)

ACRIS documents26

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

311 calls (12 mo)13,952

Top: illegal parking

Top complaint types in ZIP 11232

  • Illegal Parking2,749
  • Noise - Street/Sidewalk1,059
  • Noise - Residential1,056
  • Blocked Driveway828
  • HEAT/HOT WATER769

Recent DOB

  • Feb 13, 2004V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
  • Mar 19, 2003V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED

Recent HPD

  • May 1, 2026Class 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...
  • Apr 25, 2026Class B · § 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF BICYCLE, HOUSEHOLD ITEMS, STROLLER AND DISCARDED MATTRESS AT PUBLIC HALL, 2nd STORY
  • Apr 25, 2026Class A · §27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WITHIN THE COMMON AREA AT THE BUILDING S...
  • Apr 25, 2026Class B · § 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF SHOPPING CART AND HOUSEHOLD ITEMS AT PUBLIC HALL, 1st STORY

Recent Transfers (ACRIS)

  • Oct 20, 2016DEED

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.