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203 Essex StreetBrooklyn, NY 11208

For Sale

$1,320,000

Smart Buyer Rebate $16,500

Welcome to this incredible opportunity to own a 2-family home (can be delivered vacant) on a 50x100 lot in a sought-after Cypress Hills neighborhood of Brooklyn! Situated in an R5B zoning district, this property offers great potential for investors or homeowners looking to expand. The first-floor unit features 4 spacious bedrooms and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom. Both units boast hardwood floors throughout, abundant natural light, and a well-maintained interior. Additionally, the home includes a NEWLY RENOVATED walk-in basement with a separate entrance, providing additional storage and space. The roof was replaced just 2 years ago, adding long-term value and peace of mind. The expansive lot includes multiple parking spaces, a rare and valuable asset in Brooklyn. Conveniently located just 4 blocks from the J & Z trains as well! Whether you’re an investor looking for development potential under R5B zoning or a homeowner seeking space and rental income, this property is a must-see

Listed by Alisa A. Mejia

·

Elevated Homes Realty LLC

·

347-880-4747

Last updated October 31, 2025

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Source: OneKey #930551

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Park
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu41
  • Taxes$3,331.92/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Listed by Elevated Homes Realty LLC
$1,320,000

Estimated Closing Costs

Total
$48,968
Attorney Fees
$4,000
NYC Mansion Tax
$13,200
Title Insurance
$5,940
Bank Attorney
$1,500
Mortgage Recording Tax
$20,328
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,320,000 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 203 Essex Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1901
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,016
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,500

Financial

Taxes

  • Parcel Number: 03957-0006
  • Tax Annual Amount: $3,331.92
  • Tax Assessed Value: $59,700.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Open Floorplan

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Driveway, Garage

Utilities

Equipment

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 5 bedrooms and 2 bathrooms in this multi-family home at 203 Essex Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 203 Essex Street.

What are the annual taxes for 203 Essex Street?

Annual taxes for this multi-family home are estimated at $3,331.

How does 203 Essex Street compare to other multi-family homes in Highland Park?

This multi-family home is listed 20% above the average price for multi-family homes in Highland Park and has been on the market for 82 less days than the typical home in this area.

203 Essex Street is a 5-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11208. Listed on Prevu for 41 days at $1,320,000. This property is located in Highland Park. The median listing price for multi-family homes in this area is $947,250. The home offers parking. View other 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 2025, 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.