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487 Hart StreetBrooklyn, NY 11221

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$1,395,000

Smart Buyer Rebate $17,438

487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn

Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.

The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate.

The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard

The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.

Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.

Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.

Listed by Jacob Henderson

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Corcoran Group

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(917) 397-4014

Last updated April 03, 2026

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Source: REBNY #RLS20081165

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Bedrooms6
  • Bathrooms3
  • Taxes$4,944/year
  • Size1,680 sqft
  • Price per sqft$830

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Estimated Closing Costs

Total
$51,211
Attorney Fees
$4,000
NYC Mansion Tax
$13,950
Title Insurance
$6,278
Bank Attorney
$1,500
Mortgage Recording Tax
$21,483
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,395,000 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 487 Hart Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Structure Type: Townhouse
  • Year Built: 1901
  • Entry Level: 1

Measurements

  • Building Area Total: 1,680
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,500
  • Lot Size Dimensions: 75
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 03214-0038
  • Tax Annual Amount: $4,944.00

Interior

Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Smoke Free

Measurements

  • Living Area: 1,680
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 12

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Bushwick
  • Tax Block: 03214
  • Tax Lot: 0038

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

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

There are 6 bedrooms and 3 bathrooms in this multi-family home at 487 Hart Street.

What are the annual taxes for 487 Hart Street?

Annual taxes for this multi-family home are estimated at $4,944.

How does 487 Hart Street compare to other multi-family homes in Bushwick?

This multi-family home is listed 16% below the average price for multi-family homes in Bushwick and has been on the market for 86 less days than the typical home in this area.

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

According to the MLS, this listing is 1,680 sqft.

487 Hart Street is a 6-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11221. This residence features 1,680 square feet of living space, located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Property amenities include private outdoor space. Browse more multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., 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.