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278 E 37th St #1, Brooklyn, NY, 11203

3beds
2baths
1,500sqft
$749,000
$499price/sqft
$4,642/moest. monthly cost
$185,680/yrincome needed

About This Home

Location... Space.... Opportunity. Welcome to 278 East 37th Street, a classic two-story Brooklyn home situated on a quiet residential block in the heart of East Flatbush. Offering approximately 1,500+ square feet of interior living space plus a finished basement, this property provides flexibility for extended living, recreation space, or home office setup. The main level features a spacious living and dining layout with excellent natural light and a functional kitchen footprint ready for your personal touch. Upstairs offers comfortable bedrooms with generous proportions and closet space. The finished basement adds valuable bonus space and includes a full bath, ideal for guests or additional living quarters with outside entrance Exterior features include a private backyard perfect for entertaining, gardening, or relaxing, along with the convenience of a garage a rare and valuable amenity in Brooklyn. Do not miss this opportunity!

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
Ps 181Grades PK-80.2 mi
4/10
Ms 246 Walt WhitmanGrades 6-80.6 mi

Construction

Condition

  • Year built: 1910

Type & Style

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

Interior

Appliances

  • Appliances included: Washer/Dryer

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 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
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $3,787$45,444
Home Insurance *$259$3,108
Property Taxes $349$4,188
Electricity $247$2,974
Total$4,642$55,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,154/yr
40% on housing$139,260/yr
45% on housing$123,786/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

$499This listing

vs Other Active Listings

Avg $/sqft

ZIP 11203$495
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11203$481
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
2026-02-25Listed for sale$749,000

For Sale by Agent

AgentChristine Sparacino
BrokerageRe Max Sparrow Realty

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