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Cell: (516) 770-6928
Cell: (516) 770-6928 Email (516) 770-6928
Joy Greenidge
Licensed Real Estate Salesperson
REALTOR®, Certified Short Sales and Foreclosure Specialist
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635 E 38th Street, Brooklyn, NY 11203

$1,550,000
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Joy Greenidge
Call: (cell) (516) 770-6928
Text: (516) 770-6928

New to the Market
MLS#1065148
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 22
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Property Description

Investment Opportunity - Vacant R4 Three-Family on Oversized LotExcellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units.The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value.Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property's lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.

635 E 38th Street | MLS# 1065148

This multi-family property located at 635 E 38th Street, Brooklyn, NY 11203 is currently listed for sale with an asking price of $1,550,000. E 38th Street is located within the Brooklyn 22 school district. Search Brooklyn real estate on joygreenidge.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, See Remarks, Walk-Out Access
Cooling: None
Garage: 2
Heating: Natural Gas
Lot Size: 0.11 Acres
Taxes: $9,069
Year Built: 1920

Amenities

First Floor Bedroom
First Floor Full Bath

Feature Descriptions

Attic: Finished
Building Area Total: 2523
Days on Site: 3
Exterior: Vinyl Siding
GarageY/N: Yes
Heating Units: 1
Heating Zones: 3
Lot Features: Back Yard
On Market Date: 2026-10-23
Parcel Number: 04972-0059
Parking Features: Driveway, Garage
Patio And Porch: Covered, Porch
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 3
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Midwood High School
Middle School: Andries Hudde
Elementary School: Ps 198
School District: Brooklyn 22

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Estimated Payment

$ 4,657.46 per month $3,449.63 Principal & Interest $755.75 Property Tax $452.08 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: YourHomeSold Guaranteed Realty
Agency Phone: 718-684-2400

Shown By

Agent Name: Joy Greenidge
Agent Phone: Cell: (516) 770-6928
Agency Title: Laffey Real Estate

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Joy Greenidge
Joy Greenidge Office: (516) 333-0025 ext. 309 Cell: (516) 770-6928 Voice Mail: (516) 770-6928 Email: jgreenidge@laffeyre.com
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/25/2026. The listing information on this page last changed on 10/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/25/2026 12:18:17 AM EST) or OneKey MLS (last updated Sun 10/25/2026 12:14:22 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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