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1253 Blake Ave #1, Brooklyn, NY, 11208

6beds
3baths
2,450sqft
$1,199,000
$489price/sqft
$7,463/moest. monthly cost
$298,520/yrincome needed

About This Home

Legal Three-Family Income Property in Cypress Hills, Brooklyn Opportunity awaits at this legal three-family brick property in the Cypress Hills section of Brooklyn. Featuring approximately 2,450 square feet of living space, this income-producing building includes a spacious three-bedroom unit with an office on the first floor, plus two additional apartments on the second level. The property also features a full finished basement with access to the rear yard, providing additional usable space and flexibility. With two vacant units, this property offers an excellent opportunity for investors or owner-occupants seeking rental income. Conveniently located near transportation, shopping, and everyday amenities. While the property would benefit from updates and improvements, it presents a solid potential for those looking to add value and build equity. A versatile multi-unit property with strong upside potential in a well-connected Brooklyn location. Motivated seller

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

6/10
Ps 159 Isaac PitkinGrades PK-50.3 mi
5/10
Jhs 218 James P SinnottGrades 6-80.3 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,450
  • Total interior livable area: 2,450 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: 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
  • 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 $6,062$72,744
Home Insurance *$438$5,256
Property Taxes $559$6,708
Electricity $404$4,858
Total$7,463$89,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$255,874/yr
40% on housing$223,890/yr
45% on housing$199,013/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

$489This listing

vs Other Active Listings

Avg $/sqft

ZIP 11208$469
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11208$470
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
2026-08-14Contingent$1,199,000
2026-06-08Listed for sale$1,199,000

For Sale by Agent

AgentChristine Collura
BrokerageINTEGRITY CORE REALTY

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