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2353 81st St, Brooklyn, NY, 11214

12beds
6baths
5,670sqft
$1,574,888
$278price/sqft
$10,152/moest. monthly cost
$406,080/yrincome needed

About This Home

Don't miss this rare opportunity to own a well-maintained, income-producing 6-family property in the heart of Bensonhurst. Featuring six spacious 2-bedroom, 1-bath apartments, this property offers strong rental income potential and long-term investment value in one of Brooklyn's most established and sought-after neighborhoods. The building underwent significant updates in 2014, with additional improvements completed over the years, providing peace of mind for the next owner. One apartment is currently vacant, creating a unique opportunity for an owner-occupant to live on-site while generating rental income from the remaining units, or for an investor to lease the unit to maximize returns. Ideal for seasoned investors, first-time multifamily buyers, or those seeking a 1031 exchange opportunity, this property offers a desirable unit mix, steady income potential, and future upside in a strong rental market. Conveniently located near public transportation, neighborhood shopping, parks, schools, and a wide variety of restaurants and local amenities, tenants will appreciate the accessibility and vibrant community atmosphere that Bensonhurst is known for. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a property with both income and owner-occupancy potential, this is an outstanding opportunity not to be missed. Schedule your private showing today!

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
56
BikeBikeable

Schools

9/10
Ps 97 The HighlawnGrades PK-50.1 mi
7/10
I.S. 96 Seth LowGrades 6-80.4 mi

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 5,670
  • Total interior livable area: 5,670 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 $7,963$95,556
Home Insurance *$518$6,216
Property Taxes $734$8,808
Electricity $937$11,244
Total$10,152$121,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$348,068/yr
40% on housing$304,560/yr
45% on housing$270,720/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

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$625
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11214$568
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
2026-08-13Price change$1,458,888
2026-06-25Listed for sale$1,574,888

For Sale by Agent

AgentAnthony Parascandolo
BrokerageREMAX Elite

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