




568 Drew Street, Brooklyn, NY, 11208
About This Home
**Investor Opportunity – Income-Producing Property (Subject to Court Approval)** Strong value-add opportunity for investors seeking a multi-unit asset with upside potential. Ideal for buy-and-hold, rental optimization, or portfolio expansion. All property details are subject to independent verification by the buyer and their representative. **Sale is contingent upon third-party court approval (not a short sale).** **Property Layout:** * **1st Floor – Apt 1F:** 2 bedrooms, living room/kitchen combination, full bathroom * **1st Floor – Apt 1B:** 2 bedrooms, living room, kitchen, full bathroom * **2nd Floor:** 4 bedrooms, living room, dining room, kitchen, full bathroom **Investment Highlights:** * Multi-unit configuration with strong rental potential * Full finished basement – additional usable space * Shared driveway access * Detached 2-car garage (roof replaced in 2021) * Opportunity to increase rents and maximize NOI **Showing Instructions (Strictly Enforced):** * Do not approach or question tenants under any circumstances * All inquiries must be directed to the listing broker * Buyers must be accompanied by their agent—no exceptions * All visitors must sign in prior to entry * Shoes must be removed when entering the 1st and 2nd floors **Important:** Any attempt to bypass listing procedures or contact tenants directly may result in denied access and reporting to MLS. **Condition of Sale:** Property is being sold **as-is**, with all existing violations, liens, and fines to be assumed by the buyer. Serious, qualified investors only. Proof of funds recommended with all offers.
Getting Around
Schools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1930
Materials
- Foundation: Concrete Perimeter
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Open Floorplan,Storage
- Window features: Double Pane Windows
- Flooring: Ceramic Tile
- Fireplace features: None
- Attic: None
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Details
- Parcel number: 3042250030
- Attached to another structure: Yes
- Special condition: Probate Listing,Third Party Approval
Features
- Patio & porch: None
- Fencing: Brick
Lot
- Lot size: 2,248 sqft
- Features: Back Yard,Near Public Transit,Near School,Near Shops
- Lot size dimensions: 20 x 58
Parking
- Total spaces: 2
- Parking features: Shared Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,966 | $71,592 |
| Home Insurance * | $431 | $5,172 |
| Property Taxes | $550 | $6,600 |
| Electricity | $413 | $4,957 |
| Total | $7,360 | $88,320 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $1,180,000 |
| 2025-09-24 | Pending sale | $1,180,000 |
| 2025-08-01 | Listed for sale | $1,180,000 |
| 2025-08-01 | Listing removed | $1,180,000 |
| 2025-07-31 | Listed for sale | $1,180,000 |
| 2004-11-17 | Sold | $485,000 |
| 2004-01-30 | Sold | $381,100 |
