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$1,277,140
List Price: $1,299,888
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747 Essex Street
House in East New York •  building info
7bd • 5ba
Buy with Yoreevo

$1,277,140

List Price

$1,299,888

Key Details
Days on market
29
Last price change
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Estimated payment
$7,777/mo
Taxes
$574/mo
Maintenance
N/A
Description
Welcome to 747 Essex Street – a legal three-family home offering exceptional versatility, income potential, and space. This semi-detached brick property is ideal for both end-users and investors seeking a smart opportunity in Brooklyn. The layout is thoughtfully divided between two distinct sides of the building. The right side features a 3-bedroom, 1-bathroom apartment over a 1-bedroom, 1-bathroom apartment, each with great natural light and functional layouts. The left side showcases a duplex 3-bedroom, 3-bathroom residence with an unfinished basement offering high ceilings and a separate entrance—perfect for storage, recreation, or future customization. The building is fully equipped with three separate boilers, hot water storage tanks, and electric meters, keeping all utilities independent for each unit. This setup allows an owner to live comfortably in the spacious duplex while offsetting mortgage costs with rental income from the other two apartments—or enjoy strong rental returns across all units. Conveniently located near the New Lots Avenue 3 train, Shepherd Avenue A/C trains, and multiple MTA bus routes, 747 Essex Street provides easy access throughout Brooklyn and Manhattan. The property is also close to local schools, shops, and neighborhood parks, making it an attractive choice for tenants and owners alike. Whether you’re an investor looking for a high-yield multi-family or a buyer seeking a primary residence with built-in income potential, 747 Essex Street delivers flexibility, function, and value in one of Brooklyn’s fastest-growing neighborhoods.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,299,000
Asking Price: $1,299,888
Term
30 Years
Down Payment
$129,000 (10%)
Min: 10% (129,000)
Rate
6.25 %
Mortgage Amount
$1,169,899
Mortgage Payment
$7,203
Taxes
$574
Estimated Yoreevo rebate
$22,748
Estimated closing cost
$48,000
Total monthly cost $7,777
Buy your dream home with us and get an estimated $22,748 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of The Agency Northshore NY

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