See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

342 89th St, Brooklyn, NY, 11209

8beds
6baths
5,100sqft
$1,290,000
$253price/sqft
$8,279/moest. monthly cost
$331,160/yrincome needed

About This Home

Great investment opportunity. Very well maintained 3 story 6 family multi family building in prime location in Bay Ridge. Roof done in 2021 Point work done in 2021 Security cameras in the common areas Unit mix is as follows: 4 – 1 Bedrooms 2 – 2 Bedrooms Building Sq. Ft. 5100 Total monthly rent roll: $10,493.00 Yearly rent roll: $125.916.00 NOI: $79,094.00

Getting Around

99
WalkingWalker's Paradise
0
TransitVery Limited Transit
71
BikeVery Bikeable

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 5,100
  • Total interior livable area: 5,100 sqft

Property

Details

  • Special condition: Resale

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $6,522$78,264
Home Insurance *$313$3,756
Property Taxes $602$7,224
Electricity $842$10,113
Total$8,279$99,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$283,851/yr
40% on housing$248,370/yr
45% on housing$220,773/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

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 11209$502
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11209$823
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)

No zestimate history available

Price History

DateEventPrice
2026-03-11Listed for sale$1,290,000
2023-11-10Listing removed--
2023-07-19Price change$1,750,000
2023-02-16Price change$1,799,000
2022-07-25Price change$1,850,000
2022-03-04Listed for sale$1,750,000
2017-03-16Listing removed$1,720
2017-03-11Listed for rent$1,720
2015-02-18Listing removed$1,400
2014-10-20Listed for rent$1,400

For Sale by Agent

AgentLeonardo Zavala
BrokerageNew York Residence

Similar Homes