386 E  31st St, Brooklyn, NY 11226
FOR SALE

386 E 31st St
Brooklyn, NY 11226

Flatbush
  • 8 Beds
  • 3 Baths
  • 3,190 sqft
  • 8 Beds
  • 3 Baths
  • 3,190 sqft

$1,195,000

Est. Mortgage $6,894/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 4-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level unit is legally 2 apartments (as per the C of O) but was combined to make one spacious unit. The versatile layout is spread across three spacious stories, and boasts three separate units, providing excellent rental income potential. Whether you're looking to keep all three units for maximum rental returns or live in one unit while renting out the others, this property caters to your investment strategy. Situated on a 23' x 100' lot with R6 zoning, there's an additional 2,400+/- square footage (based on FAR) of buildable space, offering future expansion opportunities. The full basement with high ceilings opens up a world of possibilities, making it an ideal space for additional living areas or storage. The convenient location allows you to enjoy being just moments away from diverse dining and retail establishments along Nostrand Ave and Ave D. Effortless transportation options include bus service steps away on Ave D. This property will be delivered vacant, providing you with a clean slate to envision and execute your vision seamlessly. Don't miss out on this exceptional real estate opportunity that combines prime location, investment potential, and a spacious layout. Schedule a viewing today and step into the future of Flatbush living!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$375
Listed
58 days ago
Listing by: BELLMARC, (718) 768-4500

Home Details for 386 E 31st St

Days on Market

Days on Market: 58 Days on Trulia

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Garden

Price & Status

Price
Price Per Sqft: $375

Community

Units in Building: 3

Price History for 386 E 31st St

DatePriceEventSource
02/29/2024$1,195,000Listed For SaleBNYMLS #480202

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Property Taxes and Assessment

Year2023
Tax
Assessment$1,073,000
Home facts updated by county records

Comparable Sales for 386 E 31st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Multi-Family Home
$722,000
02/12/24
9
3
2,454
0.14
Multi-Family Home
$645,000
07/20/23
5
3
1,400
0.30
Multi-Family Home
$1,530,000
10/24/23
10
5
3,000
0.29
Multi-Family Home
$990,000
01/26/24
6
2
2,560
0.49
Multi-Family Home
$1,225,000
09/20/23
6
3
3,394

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Flatbush

  • Vcxxjsjdzd
    "I have good kids they go to school sometimes they work they almost done with high school one of them is going to trade "
    1
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  • Paul Ford
    "It's pet friendly. Nice walking space to talk our pets for walk and theirs many restaurants to choose from. "
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  • Patrick Buzzell
    "Not much green space, no dog parks close by. Most dogs in the neighborhood seem friendly and always on a lease."
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  • Trulia User
    "It’s okay but not good. Things are either slow or packed or both. The place is unkempt but things are generally alright."
    2
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  • Trulia User
    "The energy from the people around all different nationality is a plus for me and the many stores that convinced for me and my children to utilize and different eatery's also amazing 🤩😍"
    1
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  • Trulia User
    "The people who live in the surroundings are very friendly. The transport locations are very good and it’s safe."
    0
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  • Trulia User
    "My neighborhood has a lot of different ways to travel. Lots of culture and your neighbors are reliable. Love this neighborhood and hope to stay and not be pushed out. "
    0
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  • Trulia User
    "A good neighbor hood, and very well kept sidewalks. Park is foots away and very respectful neighbors, I like the whole Community. "
    0
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  • Trulia User
    " nice community people from different parts of life a classic community & people clean community nice shopping area's & subway, Bus take to church "
    0
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  • Trulia User
    "Very diverse with the different cultures. Easy to travel with the bus stops and train stations at most corners. "
    4
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  • Trulia User
    "The 2/5 train isn’t too crowded since we are close to the last stop. Runs very frequently and connects to most trains."
    1
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  • Trulia User
    "This neighborhood is very nice and safe.The police is near by the post office is too and the market is too . I like the neighborhood."
    0
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  • Trulia User
    "You always see people walking their dogs and prospect park is near by. Just be aware of lots of traffic (cars and people) "
    0
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  • Trulia User
    "i want to live these area, i like these area very much. these area very quiet and very comfortable for me"
    3
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  • Trulia User
    "Nice place to be and raise children. It’s the city tho! So you have to be aware of your surroundings. But overall community feel"
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  • Trulia User
    "There’s a train station or bus stop at every corner. Everything is in walking distance. You can commute with ease and have no issues getting transportation. "
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  • Trulia User
    "The diversity of the neighborhood. The neighborhood is mostly West Indian, but is very welcoming. I lived here my whole life, and I have always feel safe walking around the neighborhood. It’s great and you will meet new people whether they’re from the Caribbean or other parts of the world. "
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  • Trulia User
    "It it surely so convenient and I love the homeiness of the neighborhood. You really feel at home here."
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  • Trulia User
    "Prospect park is close by, the roller skating ring is there and when winter come they turn it into the ice skating ring, Brooklyn Botanic Gardens is also there and Prospect park zoo."
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  • Trulia User
    "Lot of public housing. Lawns and sidewalks kindof in disarray, dog poop everywhere. Somewhat inconvenient for MTA transport and food desert"
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  • Trulia User
    "soccer,tennis,swimming,YMCA ,good schools,safe parks,trians and public transportation is available "
    0
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  • Trulia User
    "Caribbean restaurants that offer great tasting food. Public transportation is in close proximity. "
    0
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  • Trulia User
    "it's hard to get to most places I need to go. we really need a train line that connects the Brooklyn train lines. it's awful going into Manhattan to get to another part of Brooklyn."
    0
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  • Trulia User
    "I lived in this neighborhood for thirty years and it's pretty safe and neighborly. it's getting pretty expensive to live here."
    1
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  • Trulia User
    "This neighborhood is something. If you are used to the noise from music from cars and stores. I live around the 2 and 3 train and I always take it to Manhattan to Atlantic Barclays center. "
    0
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  • Trulia User
    "The home values are excellent and there is lots of new construction popping up all the time! It is so close to the park which is fantastic!"
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  • Trulia User
    "Flatbush is a nice Urban Area, lots of places to shop and you are accessible to get different things. "
    0
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  • Trulia User
    "Dog friendly area but people don’t pick up after their dogs. Very noisy and busy area. Not ideal for nervous or reactive dogs. "
    0
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  • Trulia User
    "I live in this neighborhood for 4yrs now, some people are friendly some are dangerous. You have to watch your back when walking alone in this area. "
    1
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  • Trulia User
    "Very active. Lots of restaurants, supermarkets, laundry, cleaners, pharmacies, subways, churches & every convenience you can think of. Friendly neighbors; they look out for each other. Parking is a bit rough at times. Safe to walk your dog. Pretty busy but tolerable neighborhood 🙏🏾"
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  • Trulia User
    "Gardening and block parties. Block clean ups. Community meetings. no other events really in the neighborhood "
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  • Trulia User
    "Nothing, cause people here don't clean up after there dogs. It is a consistent struggle in this area."
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  • Trulia User
    "Not for raising children. People are nice but there are the craziest people there as well. If your a single woman I do t recommend it. "
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  • Trulia User
    "Close to transportation, good Caribbean food. Noisy streets, especially on major holidays. Unclean streets, many grocery stores nearby."
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  • Tanya T.
    "Every other neighbor owns a dog sometimes multiple. Dogs are able to walk leash free. Though picking up after dogs are not followed so much. Also we have many perks for dogs to run around in in the 1 mile radius there are at least 3 parks. "
    7
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  • Chenelle S.
    "There are a lot of children in the neighborhood. There are also good schools and parks in walking distance from either schools or housing. "
    0
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  • Emee.buena
    "I see a lot of dog owners walking their dogs on our street. No children are playing around but men tend to hang out on certain street, so I would say that dog owners might not like it."
    2
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  • Shamika B.
    "Very convient neighborhood, plenty of families and friendly people. The location is great on transportation to the city as well"
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  • Chie M.
    "There are a lot of restaurants and cafes in the neighborhood. It’s nice. But things are still rough. There are still gangs, drug dealers and shootings in 2020 "
    3
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  • Rghindea7
    "Not a ton of grassy areas unless your building has a courtyard. However the sidewalks are wide and the neighborhood is close to Prospect Park! 10-15 min walk from Church and Nostrand. "
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LGBTQ Local Legal Protections

Gamal Hasan - Licensed Real Estate Broker, BELLMARC
386 E 31st St, Brooklyn, NY 11226 is a 8 bedroom, 3 bathroom, 3,190 sqft multi-family built in 1920. 386 E 31st St is located in Flatbush, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Feb 29, 2024.