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1004 Carroll St, Brooklyn, NY, 11225

7beds
4baths
3,280sqft
$2,228,000
$679price/sqft
$13,237/moest. monthly cost
$529,480/yrincome needed

About This Home

Fully Vacant Four-Family with Garage, Expansion Potential and Multiple Paths to Reimagine Rarely available fully vacant legal four-family in a prime Crown Heights location. Situated on an expansive 25 × 131 lot, the property offers approximately 3,280 SF of existing residential space, a three-car garage, backyard, full basement with rear egress and approximately 3,930 SF of reported unused buildable area. The legal unit mix consists of three two-bedroom apartments and one one-bedroom apartment, each with one bathroom. The two first-floor units are presently combined and used as a single three-bedroom residence. The property requires substantial renovation, but offers multiple repositioning strategies. An owner-occupant may explore creating a spacious floor-through home with basement and backyard access while retaining two upper apartments for income. The basement currently has approximately six-foot ceilings, apparent potential for increased height and direct egress into the backyard. The property allows the purchaser to scale the work according to their needs. An investor may restore and renovate the four-family configuration, or undertake a comprehensive repositioning, incorporating modern kitchens and baths, laundry, a roof deck, landscaped backyard space, storage and potential parking, or vertical expansion adding additional stories and apartments to the property. All proposed configurations, uses and development plans are subject to professional review and applicable approvals. Approximately 0.3 mile from the Franklin Avenue–Medgar Evers College station at Eastern Parkway, with convenient access to the 2, 3, 4 and 5 trains. Close to the Brooklyn Botanic Garden, Brooklyn Museum, Prospect Park, Eastern Parkway and the restaurants, cafés and neighborhood amenities of Franklin Avenue. Delivered fully vacant and ready for its next chapter.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

6/10
Ps 241 Emma L JohnstonGrades PK-50.2 mi
9/10
2/10
Clara Barton High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1924

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 3,280
  • Total interior livable area: 3,280 sqft

Property

Details

  • Parcel number: 012870022
  • Special condition: Resale

Parking

  • Parking features: Garage
  • Has garage: Yes

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
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Hurricane
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 $11,265$135,180
Home Insurance *$391$4,692
Property Taxes $1,039$12,468
Electricity $542$6,504
Total$13,237$158,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$453,840/yr
40% on housing$397,110/yr
45% on housing$352,986/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

$679This listing

vs Other Active Listings

Avg $/sqft

ZIP 11225$689
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11225$852
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
2026-08-13Contingent$2,228,000
2026-06-26Listed for sale$2,228,000

For Sale by Agent

AgentNatalie Richards
BrokerageMcCormack Richards Real Estate Advisors LLC

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