Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    397 Marlborough Rd Brooklyn, NY 11226

    Sponsored
    For Sale
    $1,599,995

    Renovated, 10-Bedroom Multifamily Home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Class A multifamily property, located at 397 Marlborough Rd, Brooklyn, NY 11226, presents a unique investment opportunity. The newly renovated, detached two-family house boasts a generous 32 ft lot frontage and a 75 ft lot depth, offering ample space and privacy. The property features a total of ten full-size bedrooms, four modern bathrooms, and a fully finished basement, providing significant rental income potential. A brand new kitchen adds to the appeal, while eleven split units ensure year-round comfort. The property is fully furnished and includes a private driveway and a charming backyard nook with outdoor furniture. Occupancy is available August 1st, 2023. Situated in School District 22, this property is ideal for owner-occupancy, allowing you to live in one unit while generating income from the other, or for a purely investment-focused approach. The asking price is $1,599,995, representing a price per unit of $799,997.50. This turnkey investment offers immediate rental income and significant long-term appreciation potential in a desirable Brooklyn location. Don't miss this chance to acquire a high-quality, income-producing asset in a thriving market.

    Property Features for 397 Marlborough Rd

    General Information

    Property type
    Multifamily properties
    Class
    A

    Building Details

    Units
    2

    HighLights

    • Newly renovated, detached two‑family house in Brooklyn, NY.
    • Ten bedrooms, four bathrooms, and a finished basement.
    • 32 ft frontage, 75 ft depth lot; private driveway and backyard.
    • Fully furnished; eleven split units; brand new kitchen.
    • $1,599,995 asking price; $799,997.50 per unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9640169
    Latitude
    40.6404314

    Nearby Similar for Sale

    • New
      $2,495,000
      12,000 SF

      Brooklyn Multi-Unit Investment Opportunity

      Two contiguous buildings with 16 units in Columbia Waterfront District.
      96 Baltic St, Brooklyn, NY 11201
      View Details
    • New
      $1,585,000
      1,870 SF

      Two-Family Home in Greenwood Heights

      Two-family home with income potential in evolving Greenwood Heights.
      200 31St St, Brooklyn, NY 11232
      View Details
    • New
      $2,450,888
      3,200 SF

      Brooklyn Fourplex with High Income

      Updated 9-bedroom, 6.5-bath four-family with six apartments.
      354 Rutland Rd, Brooklyn, NY 11225
      View Details
    • $4,999,000
      3,060 SF

      Renovated Brownstone in Park Slope

      Impeccably renovated three-family brownstone in prime Park Slope location.
      645 Carroll St, Brooklyn, NY 11215
      View Details
    • New
      $7,250,000
      11,250 SF

      Renovated Commercial Building in Brooklyn

      Versatile commercial space in Bedford-Stuyvesant, ideal for owner-users.
      405 Gates Ave, Brooklyn, NY 11216
      View Details
    • $1,999,000
      2,700 SF

      Bedford-Stuyvesant Two-Family Townhouse

      Two-family townhouse in Bedford-Stuyvesant with income potential.
      427 Pulaski St, Brooklyn, NY 11221
      View Details
    • $1,650,000
      2,048 SF

      Renovated Two-Family Home, Brooklyn

      Newly renovated 2-family in Dyker Heights with rental potential.
      200 Bay 7Th St, Brooklyn, NY 11228
      View Details
    • $1,500,000
      4,522 SF

      Renovated Mixed-Use Corner Property

      Fully renovated mixed-use property in Gravesend/Bensonhurst, Brooklyn.
      248 Avenue P, Brooklyn, NY 11204
      View Details
    • $4,025,000
      0.06 Acres

      Turn-Key 9-Unit Investment Opportunity

      9-unit property in Bedford-Stuyvesant with $275K NOI.
      305 Sumpter St, Brooklyn, NY 11233
      View Details
    • New
      $3,999,999
      Pending

      Renovated Mixed-Use Brooklyn Property

      Fully renovated, occupied mixed-use property with strong income potential.
      850 Clarkson Ave, Brooklyn, NY 11203
      View Details
    • New
      $2,450,888
      0.05 Acres

      Brooklyn Multifamily Investment Opportunity

      Updated 9-bedroom, 6.5-bath legal 4-family with six apartments.
      354 Rutland Rd, Brooklyn, NY 11225
      View Details
    • $869,950
      Pending

      Vacant Three-Family Building in Brooklyn

      Vacant 3-family building in Ocean Hill, close to transportation.
      1936 Prospect Pl, Brooklyn, NY 11233
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Renovated, 10-Bedroom Multifamily Home
    Where is this multifamily property located?
    The property is located at 397 Marlborough Rd Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,599,995.
    What are key features of this property?
    This property features: Newly renovated, detached two-family house in Brooklyn, NY.; Ten bedrooms, four bathrooms, and a finished basement.; 32 ft frontage, 75 ft depth lot; private driveway and backyard.
    Request Owner's contact information
    397 Marlborough Rd Brooklyn, NY 11226
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    397 Marlborough Rd
    Brooklyn, NY 11226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    397 Marlborough Rd Brooklyn, NY 11226
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.