1203 8th Ave, Brooklyn, NY, 11215
About This Home
A rare opportunity to acquire this multifamily, rent stabilized, building in one of Brooklyn's most sought after neighborhoods, just moments from Prospect Park. Surrounded by beloved restaurants, neighborhood shops, convenient subway access, and a nearby movie theater, this prime Park Slope location offers an exceptional lifestyle and enduring investment appeal. Spanning approximately 6,611 square feet, the property is configured as eight spacious five-room apartments across four stories. Additional features include a large full basement with windows, front and rear access, and a private rear yard. Whether you're completing a 1031 exchange, seeking long-term appreciation, expanding your investment portfolio, or looking for an owner occupied opportunity with rental income, this property checks all the boxes. Don't miss the chance to own a solid income producing asset in one of Brooklyn's most desirable locations. Contact us today to schedule a private showing.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: SingleFamily
- Property subType: Rental Unit
Interior
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Interior Area
- Total structure area: 6,712
- Total interior livable area: 6,712 sqft
Property
Details
- 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
- Winter Weather
- 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 | $12,641 | $151,692 |
| Home Insurance * | $385 | $4,620 |
| Property Taxes | $1,166 | $13,992 |
| Electricity | $1,109 | $13,310 |
| Total | $15,301 | $183,612 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $2,400,000 |
| 2026-06-16 | Listed for sale | $2,500,000 |
View on Zillow