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Residential Income Property with Private Deck
For Sale
$1,395,000

138 N 3rd Street 1, Brooklyn, NY 11249

Smart, open-concept unit with a private deck, heated bath amenities, and an in-unit washer and dryer.

Property Size961 SF
Price / SF$1,451
Days on Market112

Property Features for 138 N 3rd Street 1

General Information

Standard status Active
Size 961 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,116

Amenities

fireplace
in-unit washer/dryer
smart home integration
private outdoor space
soaking tub
heated towel rack

Building Details

Building Size 961 SF
Year Built 1991
Listing Agency: Compass
Listed By: David Michael Balk
Source: Nilelundgren
Added: Apr 22 Changed: Aug 11 Last Checked: Aug 11 at 1:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This residential income property features an open-concept living and dining area with a marble fireplace and designer chandelier. The kitchen is equipped with a Bertazzoni range, built-in Bosch dishwasher, sculptural Spanish tile, Kohler fixtures, and a high-efficiency Italian glass range hood.

The spa-like bathroom includes a Toto Neorest fully automated toilet with heating, washing, massage, and drying features, plus a deep Kohler soaking tub and an oversized heated towel rack. Both bedrooms offer natural light and built-in storage. A private outdoor sanctuary with cedar plank fencing and decking extends everyday living outdoors.

Additional conveniences include a new in-unit washer/dryer and full smart home integration to control the front door, lighting, and sound system from anywhere via smartphone. The property was built in 1991 and is positioned near the L, G, J, M, and Z subway lines, with ferry access noted nearby.

Key Highlights

  • About 961 SF residential unit with open‑concept living and dining
  • Marble fireplace and designer chandelier in the living area
  • Kitchen includes Bertazzoni range, Bosch dishwasher, and Italian glass range hood

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,612
Businesses Nearby

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Smart, open-concept unit with a private deck, heated bath amenities, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 138 N 3rd Street 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: About 961 SF residential unit with open‑concept living and dining; Marble fireplace and designer chandelier in the living area; Kitchen includes Bertazzoni range, Bosch dishwasher, and Italian glass range hood
More about this property
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