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1198 Decatur StreetBrooklyn, NY 11207

For Sale

$1,634,000

Smart Buyer Rebate $20,425

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.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

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.