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1201 37th Street, Brooklyn NY 11218
1201 37th Street, Brooklyn NY 11218
New York>Brooklyn>Borough Park

1201 37th StreetBrooklyn, NY 11218

For Sale

$1,999,999

Smart Buyer Rebate $25,000

Endless Potential in Prime Brooklyn - Spacious 5-Bedroom Single-Family Home Borough Park! Opportunity awaits at 1201 37th Street, Brooklyn, NY! This spacious single-family residence offers approximately 2,880 square feet of living space and is ideal for buyers, investors, or contractors looking to create their dream home. The property features 5 generously sized bedrooms, multiple living areas, and a full basement with a separate entrance, providing endless possibilities for additional living space, recreation, storage, or a home office (subject to applicable regulations). Situated on a prominent corner location, this home boasts an impressive footprint and a layout with tremendous renovation potential. While the property requires updating and renovations, its size, location, and versatility make it an exceptional value for anyone looking to customize a home to their own style

Listed by Nina Sabag

·

5 Boro Realty Corp

·

917-705-0005

Last updated October 08, 2026

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Source: OneKey #1041274

Listing Facts

  • TypeSingle-family
  • NeighborhoodBorough Park
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu72
  • Taxes$6,334.28/year
  • Size2,800 sqft
  • Price per sqft$714

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/24/2026
Price Decreased
$1,999,999
08/20/2026
Listed by 5 Boro Realty Corp
$2,099,000
  1. 09/24/2026$1,999,999
    Price Decreased
  2. 08/20/2026$2,099,000
    Listed by 5 Boro Realty Corp

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$19,999
Title Insurance
$9,000
Bank Attorney
$1,500
Mortgage Recording Tax
$30,799
Other Closing Costs
$4,000
Total
$69,298

Estimated closing costs are based on the list price of $1,999,999 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 1201 37th Street

Exterior

Construction

  • Year Built: 1920
  • Architectural Style: A-Frame
  • Construction Materials: Frame

Measurements

  • Building Area Total: 1,799
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,550

Financial

Taxes

  • Parcel Number: 05296-0075
  • Tax Annual Amount: $6,334.28
  • Tax Assessed Value: $89,580.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Other
  • Interior Features: Other, Primary Bathroom

Measurements

  • Living Area: 2,800
  • Living Area Source: Other

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Rooms Total: 18

Parking

Parking

  • Carport Spaces: 5
  • Carport: Yes
  • Parking Features: Driveway, Private
  • Parking Total: 5

Schools

Elementary School

  • Elementary School: Brooklyn New School
  • Elementary School District: Brooklyn 15

High School

  • High School: Brooklyn High School Of The Arts
  • High School District: Brooklyn 15

Middle or Junior School

  • Middle Or Junior School: Math & Science Exploratory Sch (The)
  • Middle Or Junior School District: Brooklyn 15

Utilities

Equipment

  • Heating: Other
  • Sewer: Other
  • Utilities: See Remarks
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 3 bathrooms in this single-family home at 1201 37th Street.

What schools are nearby to 1201 37th Street?

Nearby schools include the Brooklyn New School Elementary School, Math & Science Exploratory Sch (The) Middle School, and Brooklyn High School Of The Arts.

Does this single-family home have parking?

Yes, there are 5 parking spaces available for 1201 37th Street.

What are the annual taxes for 1201 37th Street?

Annual taxes for this single-family home are estimated at $6,334.

How does 1201 37th Street compare to other single-family homes in Borough Park?

This single-family home is listed 11% below the average price for single-family homes in Borough Park and has been on the market for 40 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,800 sqft.

1201 37th Street is a 5-bedroom, 3-bath single-family home for sale in Brooklyn NY 11218. On Prevu for 72 days at $1,999,999. This includes a recent price decrease of $99,001. This residence features 2,800 square feet of living space, located in Borough Park. The median listing price for single-family homes in this area is $879,500. Nearby schools include Brooklyn New School Elementary School, Math & Science Exploratory Sch (The) Middle School, and Brooklyn High School Of The Arts. Property amenities include parking. Explore more single-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.