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116 Gain Ct, Brooklyn, NY, 11229

3beds
2baths
1,200sqft
$748,000
$623price/sqft
$4,629/moest. monthly cost
$185,160/yrincome needed

About This Home

This incredible double-lot property in the heart of Gerritsen Beach offers a private oasis on one of the neighborhood’s most charming blocks. The first floor features an oversized living and dining area filled with natural light, complemented by stunning hardwood floors throughout. The spacious eat-in kitchen is beautifully appointed with granite countertops, rich hardwood cabinetry, stylish flooring, and two large windows that brighten the space. A fully renovated bathroom on the main level adds both convenience and modern appeal. Upstairs, you’ll find three generously sized bedrooms, each offering ample closet space. All the bedrooms stand out with multiple windows, and abundant storage. A sleek, modern full bathroom completes the second floor. Additional features include a private driveway - so parking is never a concern - and an expansive backyard that’s perfect for entertaining year-round. The yard also features a wooden shed, ideal for storing tools, outdoor equipment, and more. Major updates include a boiler and water heater both under 10 years old, along with a roof approximately 15 years young. Opportunities like this rare double lot don’t come around often - don’t miss your chance to make it yours!!

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

8/10
Ps 277 Gerritsen BeachGrades PK-50.5 mi
6/10
Jhs 278 Marine ParkGrades 6-81.4 mi

Construction

Condition

  • Year built: 1925

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 089140574
  • 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
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 $3,782$45,384
Home Insurance *$252$3,024
Property Taxes $349$4,188
Electricity $246$2,954
Total$4,629$55,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,708/yr
40% on housing$138,870/yr
45% on housing$123,440/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

$623This listing

vs Other Active Listings

Avg $/sqft

ZIP 11229$547
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11229$545
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
2026-04-26Price change$760,000
2026-03-19Listed for sale$778,000
2026-03-19Listing removed--
2025-12-29Listed for sale$775,000
2024-12-26Listing removed--
2024-10-29Listed for sale$675,000
2014-07-17Sold$249,000
2014-05-08Listed for sale$279,000

For Sale by Agent

AgentNick Parascandola
BrokerageMadison Estates Sotheby's International Realty

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