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980 Jerome Street, Brooklyn, NY, 11207

4beds
4baths
1,881sqft
$850,000
$452price/sqft
$5,336/moest. monthly cost
$213,440/yrincome needed

About This Home

Two-Family Duplex in Prime East New York Location – Great Investment Opportunity! Located just minutes from Gateway Mall, this spacious two-family brick duplex offers convenience, functionality, and strong rental potential in one of Brooklyn’s rapidly developing neighborhoods. Enjoy easy access to the Belt Parkway, Shirley Chisholm State Park, and the Brooklyn Sports Club—all within close proximity. The layout includes: First Floor: A 1-bedroom apartment with private entry—perfect for rental income or extended family. Upper Duplex Unit: Spread across the second and third floors, featuring a spacious living room, dining area, kitchen, and a half bath on the main level. The top floor boasts three generously sized bedrooms and a full bathroom. Finished Basement: Fully finished with direct access to the backyard and a parking area via a community driveway—ideal for additional living or recreational space. The property is in livable condition but could use some TLC, making it an excellent opportunity for investors or buyers looking to add value. Important Notes: Property will be delivered with current tenants in place. Showings by appointment only. Please do not contact or disturb tenants under any circumstances. This is a fantastic chance to own a multi-family property in a high-demand area with great upside potential!

Getting Around

70
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
Ps 273 WortmanGrades PK-50.1 mi
3/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block,Brick/Mortar
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

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

Features

  • First Floor Bedroom
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,881
  • Total interior livable area: 1,881 sqft

Property

Details

  • Parcel number: 044220026
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,967 sqft
  • Lot size dimensions: 19.67 ft x 38 ft

Parking

  • Parking features: Driveway
  • 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
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
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 $4,298$51,576
Home Insurance *$332$3,984
Property Taxes $396$4,752
Electricity $310$3,730
Total$5,336$64,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,948/yr
40% on housing$160,080/yr
45% on housing$142,293/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

$452This listing

vs Other Active Listings

Avg $/sqft

ZIP 11207$500
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
2025-10-15Listed for sale$850,000

For Sale by Agent

AgentRyan J. Duhaney
BrokerageCentury 21 American Homes

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