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34 Garnet St, Brooklyn, NY, 11231

8beds
8baths
5,000sqft
$3,795,000
$759price/sqft
$22,407/moest. monthly cost
$896,280/yrincome needed

About This Home

Carroll Gardens Income-Producing Gem Proudly presenting a rare, 8 Family Solid Brick Building in one of Brooklyn’s most desirable neighborhoods. This exceptional property features eight well-maintained one-bedroom units, offering steady rental income and long-term investment stability. The owner’s unit will be delivered vacant at closing, providing the exciting potential to create a spacious duplex with direct access to a full finished basement that opens out to a large, ultra-private backyard — a true retreat in the heart of Brooklyn. Recent upgrades include new electrical service, a new boiler, and fresh pointing and weather-sealing throughout, ensuring peace of mind and reduced maintenance for years to come. A standout opportunity for end-users, investors, or developers seeking a high-performing asset in a prime location.

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
95
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City

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
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Coastal Flooding
Cold 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 $19,189$230,268
Home Insurance *$621$7,452
Property Taxes $1,771$21,252
Electricity $826$9,915
Total$22,407$268,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$768,240/yr
40% on housing$672,210/yr
45% on housing$597,520/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

$759This listing

vs Other Active Listings

Avg $/sqft

ZIP 11231$1,280
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11231$1,605
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
2026-04-28Listed for sale$4,199,000

For Sale by Agent

AgentVito Angelo
BrokerageRemax Real Estate Professionals

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