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38 Stoddard PlaceBrooklyn, NY 11225

For Sale

$1,700,000

Smart Buyer Rebate $21,250

Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot. Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation.
The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout. The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability.
This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights’ continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside.
Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn.
A true fixer-upper with significant potential in one of Brooklyn’s most desirable neighborhoods.

Listed by James Russo

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Keller Williams Realty Liberty

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718-848-4700

Listed by Davidson Joseph

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Keller Williams Realty Liberty

Last updated January 13, 2026

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Source: OneKey #942100

Listing Facts

  • TypeMulti-family
  • NeighborhoodCrown Heights
  • Days on Prevu18
  • Taxes$7,681.12/year

Location

Mortgage Calculator

Listing History

01/12/2026
Listed by Keller Williams Realty Liberty
$1,700,000

Estimated Closing Costs

Total
$60,330
Attorney Fees
$4,000
NYC Mansion Tax
$17,000
Title Insurance
$7,650
Bank Attorney
$1,500
Mortgage Recording Tax
$26,180
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,700,000 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 38 Stoddard Place

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1925
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,320
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,400

Financial

Taxes

  • Parcel Number: 01304-0037
  • Tax Annual Amount: $7,681.12
  • Tax Assessed Value: $104,220.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Has Basement: Yes

Parking

Parking

  • Parking Features: On Street

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 38 Stoddard Place.

What are the annual taxes for 38 Stoddard Place?

Annual taxes for this multi-family home are estimated at $7,681.

How does 38 Stoddard Place compare to other multi-family homes in Crown Heights?

This multi-family home is listed 15% below the average price for multi-family homes in Crown Heights and has been on the market for 130 less days than the typical home in this area.

38 Stoddard Place is a -bedroom multi-family home for sale in Brooklyn NY 11225. On Prevu for 18 days at $1,700,000. This home is located in Crown Heights. The median listing price for multi-family homes in this area is $1,350,000. 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 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.