Single-Family Home with
1739 E 38th Street Brooklyn, NY 11234
1739 E 38th Street, Brooklyn, NY, 11234
$850,000
For Sale
$850,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,120 SF
Lot Size0.04 Acres
Price / SF$758.93
Days on Market61
Property Features for 1739 E 38th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 1,120 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6241
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Hardwood
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Behfar Team, LLC
(347) 988-2526
1524 E 23rd St, Brooklyn, NY
Listed by
Karen Behfar
(347) 988-2526
Added: May 18 Checked: Jul 17 at 11:06 pm
MLS# 501513
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-kept one-family home features a 14 ft wide layout with a bright living room and dining area upon entry. The kitchen includes a walk-in closet for additional storage, and the home continues into an expansive backyard space for outdoor use. Upstairs, there are three bedrooms and two bathrooms, providing flexible rooming for everyday living.
A basement level adds additional usable space with an open play area, which can also support storage or other needs. Central air conditioning is included, and the home reflects ongoing care and upkeep.
Set on a lot size of 0.0413 acres, the property includes approximately 1,120 square feet of interior space.
A basement level adds additional usable space with an open play area, which can also support storage or other needs. Central air conditioning is included, and the home reflects ongoing care and upkeep.
Set on a lot size of 0.0413 acres, the property includes approximately 1,120 square feet of interior space.
Key Highlights
- Upper level features 3 bedrooms and 2 bathrooms
- Bright living room and dining area with a practical flow for everyday living
- Kitchen includes a walk‑in closet for added storage
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.4k | $56.64 |
| − Vacancy | −$1.3k | −$1.13 |
| EGI | $62.2k | $55.51 |
| − OpEx | −$28.0k | −$24.98 |
| NOI | $34.2k | $30.53 |
1,120 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$488.5K
$427.4K – $569.9K
NOI $34,192 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$927.4K
$811.4K – $1.08M
NOI $64,915 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Well-kept one-family home with three bedrooms, central air, and an expansive backyard.
Where is this single family property located?
The property is located at 1739 E 38th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Upper level features 3 bedrooms and 2 bathrooms; Bright living room and dining area with a practical flow for everyday living; Kitchen includes a walk‑in closet for added storage
