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581 Van Siclen Avenue, Brooklyn, NY, 11207

5beds
2baths
1,500sqft
$850,000
$567price/sqft
$5,273/moest. monthly cost
$210,920/yrincome needed

About This Home

Turn-Key Brooklyn Investment Property! This income producing 2-family home on Van Siclen Avenue was gut-renovated back in 2016 and has been well maintained over the years. The home features a two bedroom apartment on the first floor, and a three apartment on the second level. Both units have hardwood floors with updated kitchens and bathrooms. The home also features a finished basement space with a separate entrance and a full bathroom. Great location next to the 3-train on Van Siclen Avenue. The A-train is also just a few blocks north. It's a short commute to Manhattan by train from this home. The Belt Parkway is nearby for quick access to JFK, Long Island, and New Jersey. Schedule a showing today!

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

6/10
Ps 13 Roberto ClementeGrades PK-50.3 mi
5/10
5/10

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Other
  • Construction materials: Brick,Other

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other

Heating & Cooling

  • Heating features: Natural Gas,Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 040880016
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,000 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: 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
  • 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 $4,298$51,576
Home Insurance *$332$3,984
Property Taxes $396$4,752
Electricity $247$2,974
Total$5,273$63,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,788/yr
40% on housing$158,190/yr
45% on housing$140,613/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

$567This listing

vs Other Active Listings

Avg $/sqft

ZIP 11207$499
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
2026-06-20Listed for sale$850,000
2026-05-27Sold$710,000
2023-02-17Listing removed--
2022-07-25Price change$745,000
2022-03-01Listed for sale$749,000
2016-10-07Sold$599,999
2016-08-01Sold$590,000
2016-06-10Pending sale$599,999
2016-05-02Listed for sale$599,999
2016-01-08Sold$340,000
2015-12-15Listed for sale$399,000
2014-09-23Sold$260,000

For Sale by Agent

AgentTazul Islam
BrokerageEXIT Realty Central

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