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123 Avenue Unit 1, Brooklyn, NY, 11214

4beds
3baths
1,800sqft
$1,598,000
$888price/sqft
$9,648/moest. monthly cost
$385,920/yrincome needed

About This Home

Exceptional Opportunity – Single-Family Home in Prime Location Presenting the most competitively priced single-family home currently available in this highly sought-after neighborhood. Ideally situated on East 2nd Street and Avenue J, this solid brick semi-detached residence sits on an 18 x 100 lot with a building size of 18 x 55. The property features two full floors plus a full basement, offering a functional layout with significant potential for expansion and customization. While the home requires renovation, it provides a rare opportunity for end-users to create their dream home tailored to their own taste. Conveniently located within a short distance to the Avenue F train, providing easy access to transportation and surrounding amenities. With an unbeatable location, this property represents an excellent opportunity at an aggressive price point. Serious inquiries only.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

8/10
Ps 212 Lady Deborah MoodyGrades PK-50.2 mi
9/10
4/10
John Dewey High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1920

Type & Style

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

Interior

Appliances

  • Appliances included: Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Special condition: Resale

Features

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

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $8,080$96,960
Home Insurance *$526$6,312
Property Taxes $745$8,940
Electricity $297$3,569
Total$9,648$115,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$330,788/yr
40% on housing$289,440/yr
45% on housing$257,280/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

$888This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$622
Kings County$697

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)

Price History

DateEventPrice
2026-07-14Listed for sale$1,598,000

For Sale by Agent

AgentArthur Bakayev
BrokerageBen Bay Realty Co

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