1205 8th Ave, Brooklyn, NY, 11215
About This Home
Here is your opportunity to own a solid rental building in a can’t-be-beat location near Brooklyn’s crown jewel, Prospect Park. With restaurants on almost every corner and the subway, shops, and a movie theater nearby, this block is number one in attractiveness. The approximately 6,611 square feet in this gem are divided into eight five-room apartments on four floors. There’s also a large windowed full basement with front and rear access and a back yard. This is a solid, well-maintained building that demands the attention of anyone looking to complete a 1031 exchange, achieve long-term appreciation, or own to live. It’s an excellent, affordable opportunity for a user to live in Park Slope while owning an income-producing property. Call now to set up an appointment to view this excellent building. (24 hours advance notice required.)
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Interior Area
- Total structure area: 6,611
- Total interior livable area: 6,611 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 | $1,092 | $13,110 |
| Total | $15,284 | $183,408 |
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 |
|---|---|---|
| 2025-11-19 | Listed for sale | $2,500,000 |
View on Zillow