Well-maintained three-family home built in 2006 with strong income potential. Each floor features a 3-bedroom, 2-bathroom apartment. The first floor currently rents for $3,800, the second floor for $3,600, and the third floor for $3,000. The property also includes a full finished basement, offering additional usable space. An excellent opportunity for investors or owner-occupants seeking a modern multi-family property with consistent rental income. All information provided is deemed reliable but not guaranteed and should be independently verified.
Listed by Silvia L. Corrales CBR SFR CIREC
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Keller Williams Landmark II
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347-846-1200
Last updated March 17, 2026
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Source: OneKey #957819
Listing Facts
TypeMulti-family
NeighborhoodBushwick
Bedrooms9
Bathrooms6
Days on Prevu61
Taxes$10,080.84/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/17/2026
Price Decreased
$1,634,000
02/02/2026
Listed by Keller Williams Landmark II
$1,649,000
Estimated Closing Costs
Total
$58,356
Attorney Fees
$4,000
NYC Mansion Tax
$16,340
Title Insurance
$7,353
Bank Attorney
$1,500
Mortgage Recording Tax
$25,163
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,634,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 1198 Decatur Street
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Property Condition: Estimated
Year Built: 2006
Construction Materials: Brick
Measurements
Building Area Total: 1,924
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Dimensions: 20,100
Lot Size Square Feet: 2,000
Financial
Residential Income
Gross Income: $124,800.00
Operating Expense: $12,480.84
Taxes
Parcel Number: 03435-0012
Tax Annual Amount: $10,080.84
Tax Year: 2026
Interior
Features
Interior Features: Eat-in Kitchen
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 9
Other
Location
Tax Block: 3435
Tax Lot: 12
Parking
Parking
Parking Features: Driveway, Private
Parking Total: 2
Schools
Elementary School
Elementary School: Ps/Is 384 Frances E Carter
Elementary School District: Brooklyn 32
High School
High School: Bushwick Community Hs
High School District: Brooklyn 32
Middle or Junior School
Middle Or Junior School: Evergreen Ms-Urban Exploration
Middle Or Junior School District: Brooklyn 32
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 9 bedrooms and 6 bathrooms in this multi-family home at 1198 Decatur Street.
What schools are nearby to 1198 Decatur Street?
Nearby schools include the Ps/Is 384 Frances E Carter Elementary School, Evergreen Ms-Urban Exploration Middle School, and Bushwick Community Hs High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1198 Decatur Street.
What are the annual taxes for 1198 Decatur Street?
Annual taxes for this multi-family home are estimated at $10,080.
How does 1198 Decatur Street compare to other multi-family homes in Bushwick?
This multi-family home is listed 2% below the average price for multi-family homes in Bushwick and has been on the market for 29 less days than the typical home in this area.
1198 Decatur Street is a 9-bedroom, 6-bath multi-family home for sale in Brooklyn NY 11207. Listed on Prevu for 61 days at $1,634,000. This includes a recent price decrease of $15,000. This home is located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Nearby schools include Ps/Is 384 Frances E Carter Elementary School, Evergreen Ms-Urban Exploration Middle School, and Bushwick Community Hs High School. Additional amenities include parking. Explore more multi-family home listings in Brooklyn.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.