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688 Pennsylvania AvenueBrooklyn, NY 11207

For Sale

$1,159,000

Smart Buyer Rebate $14,488

This four-family property presents a unique opportunity for investors and end-users looking to add value. The home includes a fully finished basement, offering additional usable space, as well as a private driveway for added convenience.

While the property has solid bones and a functional layout, it does require updates and improvements, making it ideal for buyers seeking a renovation project or value-add investment. Each unit is currently maintained, but there is significant potential to modernize and increase rental income.

With its generous configuration, there is also the possibility to convert the property into an eight-family dwelling (subject to proper approvals), further enhancing its income-producing potential.

This is a must-see opportunity for those looking to customize, expand, and unlock long-term value.

Listed by Neriya Borukhov

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Winzone Realty Inc

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718-896-5555

Last updated June 03, 2026

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Source: OneKey #994260

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast New York
  • Days on Prevu44
  • Taxes$10,756.64/year

Location

Mortgage Calculator

Listing History

06/03/2026
Price Decreased
$1,159,000
05/03/2026
Listed by Winzone Realty Inc
$1,175,000

Estimated Closing Costs

Total
$44,154
Attorney Fees
$4,000
NYC Mansion Tax
$11,590
Title Insurance
$5,216
Bank Attorney
$1,500
Mortgage Recording Tax
$17,848
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,159,000 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 688 Pennsylvania Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Year Built: 1923
  • Construction Materials: Brick, Stone

Measurements

  • Building Area Total: 3,116
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,470

Financial

Taxes

  • Parcel Number: 04298-0030
  • Tax Annual Amount: $10,756.64
  • Tax Assessed Value: $155,700.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Eat-in Kitchen, Formal Dining

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

Location

  • Tax Block: 4298
  • Tax Lot: 30

Parking

Parking

  • Parking Features: Other

Schools

Elementary School

  • Elementary School: Ps 13 Roberto Clemente
  • Elementary School District: Brooklyn 19

High School

  • High School: W H Maxwell Career And Tech Hs
  • High School District: Brooklyn 19

Middle or Junior School

  • Middle Or Junior School: Van Siclen Community Middle School
  • Middle Or Junior School District: Brooklyn 19

Utilities

Equipment

  • Heating: Natural Gas, Steam
  • Sewer: Other
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 688 Pennsylvania Avenue.

What schools are nearby to 688 Pennsylvania Avenue?

Nearby schools include the Ps 13 Roberto Clemente Elementary School, Van Siclen Community Middle School, and W H Maxwell Career And Tech Hs High School.

What are the annual taxes for 688 Pennsylvania Avenue?

Annual taxes for this multi-family home are estimated at $10,756.

How does 688 Pennsylvania Avenue compare to other multi-family homes in East New York?

This multi-family home is listed 11% above the average price for multi-family homes in East New York and has been on the market for 71 less days than the typical home in this area.

688 Pennsylvania Avenue is a -bedroom multi-family home for sale in Brooklyn NY 11207. On Prevu for 44 days at $1,159,000. This includes a recent price decrease of $16,000. This residence is located in East New York. The median listing price for multi-family homes in this area is $887,500. Nearby schools include Ps 13 Roberto Clemente Elementary School, Van Siclen Community Middle School, and W H Maxwell Career And Tech Hs High School. 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.