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2540 Pitkin Avenue, Brooklyn, NY, 11208

--beds
--baths
5,380sqft
$1,449,000
$269price/sqft
$9,421/moest. monthly cost
$376,840/yrincome needed

About This Home

Well-maintained attached three-family mixed-use property featuring a vacant ground-floor commercial space (previously used as a church), plus two residential units above. The second and third floors each offer a two-bedroom apartment, currently rented, with the option to be delivered vacant. Includes a full, finished basement offering additional usable space. Ideal for investors or owner-occupants seeking flexibility, income, and upside. Conveniently located near transportation, shopping, and major roadways.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

Construction

Condition

  • Year built: 2005

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Features

  • Other

Heating & Cooling

  • Heating features: Steam,Other
  • Cooling features: None

Interior Area

  • Total structure area: 5,380
  • Total interior livable area: 5,380 sqft

Property

Details

  • Parcel number: 040230017
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,800 sqft
  • Lot size dimensions: 20 x 90

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,326$87,912
Home Insurance *$530$6,360
Property Taxes $676$8,112
Electricity $889$10,669
Total$9,421$113,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$323,005/yr
40% on housing$282,630/yr
45% on housing$251,226/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$269This listing

vs Other Active Listings

Avg $/sqft

ZIP 11208$471
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11208$470
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-02Listed for sale$1,449,000

For Sale by Agent

AgentMoheed Oasman
BrokerageAkcess24Homes Inc

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