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309 Stanhope St, Brooklyn, NY, 11237

6beds
6baths
4,650sqft
$1,249,999
$269price/sqft
$7,933/moest. monthly cost
$317,320/yrincome needed

About This Home

309 Stanhope Street | Six-Family Investment Opportunity in the Heart of Bushwick 309 Stanhope Street is a well-maintained six-family multifamily, making it an ideal opportunity for investors seeking both immediate income and long-term value growth. The property has been carefully maintained and features a recently installed boiler, providing peace of mind and reducing capital expenditure for the next owner. Perfectly positioned just 300 feet from the L train at DeKalb Avenue, the building offers exceptional accessibility and convenience. Residents enjoy immediate proximity to Bushwick’s vibrant restaurant and bar scene, as well as Maria Hernandez Park, making this location a true renter’s dream.

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
92
BikeBiker's Paradise

Schools

4/10
Ps 123 SuydamGrades PK-50.2 mi
6/10
Jhs 162 The WilloughbyGrades 6-80.3 mi

Construction

Condition

  • Year built: 1931

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,650
  • Total interior livable area: 4,650 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Inland Flooding
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 $6,320$75,840
Home Insurance *$262$3,144
Property Taxes $583$6,996
Electricity $768$9,221
Total$7,933$95,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$271,988/yr
40% on housing$237,990/yr
45% on housing$211,546/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

$269This listing

vs Other Active Listings

Avg $/sqft

ZIP 11237$564
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11237$525
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)

No zestimate history available

Price History

DateEventPrice
2026-02-23Price change$1,249,999
2026-01-26Listed for sale$1,499,000

For Sale by Agent

AgentEugene Litvak
BrokerageCompass

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