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520 Warwick St, Brooklyn, NY, 11207

3beds
2baths
1,674sqft
$595,000
$355price/sqft
$3,793/moest. monthly cost
$151,720/yrincome needed

About This Home

520 Warwick Street, Brooklyn, New York Built: 1989 R5 zoning, A5 building class (one-family dwelling) Lot Size: 18 x 120 feet Building Size: 18 x 31 feet Block #: 4046 Lot #: 128 Taxes: 3,744.40 per year We are pleased to present this brick 2 floor, 18-foot seven inch wide solid-brick, legal 1-family with 1,674 square feet (including basement square footage of 558 square feet) feet in the New Lots area of Brooklyn, New York, between Sutter Avenue and Blake Avenue. This is a short walk to the Van Sicklen A and C train and the New Lots train station hub where you can catch the 2, 3, 4 and 5 trains. Basement Level – The home features a full unfinished basement with 558 square feet, offering excellent potential for future expansion. Currently utilized for storage and utility space, the basement provides a blank canvas for the next owner to create a family room, recreation area, home office, gym, or additional storage. With the proper updates and finishing touches, this space can be transformed to suit a variety of needs. First level – This space is outfitted with recently refinished hardwood floors. It contains the living room, a half bathroom and entrance to the back yard. The kitchen features a functional layout with working appliances, including a dishwasher for added convenience. Warm wood cabinetry provides ample storage space, while durable Formica countertops offer plenty of room for meal preparation. Ready for everyday use, the kitchen also presents an opportunity for future updates to suit your personal style and preferences. Second level - The second and final floor features three comfortably sized bedrooms and one full bathroom. This level offers a practical layout with ample potential for customization and updating. While the space does require some TLC, it provides an excellent opportunity for a new owner to renovate and modernize to their own taste. With some vision and improvements, the second floor can be transformed into a warm and inviting living space for the entire family. Attic – The home also features an attic that provides valuable additional storage space. The attic offers practical storage potential and serves as a useful extension of the living space. Backyard Space - The property boasts a large backyard, offering valuable outdoor space in Brooklyn. Currently unfinished, the yard provides the new owner to create their ideal outdoor retreat. Whether you're envisioning a garden, patio, play area, entertaining space, or additional landscaping, this spacious backyard offers endless possibilities to enhance and personalize the property House includes: -Fully functional gas boiler and hot water heater. -Parquet hardwood floors throughout. - One car parking -Nice sized backyard.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

3/10
Ps 158 WarwickGrades PK-50.1 mi
5/10

Construction

Condition

  • Year built: 1989

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,674
  • Total interior livable area: 1,674 sqft

Property

Details

  • Parcel number: 040460128
  • 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
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $3,008$36,096
Home Insurance *$232$2,784
Property Taxes $277$3,324
Electricity $276$3,319
Total$3,793$45,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,045/yr
40% on housing$113,790/yr
45% on housing$101,146/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

$355This listing

vs Other Active Listings

Avg $/sqft

ZIP 11207$501
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11207$530
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
2026-08-04Price change$575,000
2026-07-06Listed for sale$595,000

For Sale by Agent

AgentThomas Lipovetsky
BrokerageThomas Lipovetsky, LREB

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