538 Hendrix Street, Brooklyn, NY 11207
FOR SALE

538 Hendrix Street
Brooklyn, NY 11207

East New York
  • Studio
  • 2,394 sqft

$999,999

Est. Mortgage $5,611/mo*
Get Pre-Qualified

$999,999

Est. Mortgage $5,611/mo*
Get Pre-Qualified
Studio
2,394 sqft

Local Information

  • Map ViewExplore the area around 538 Hendrix Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

DEVELOPER ALERT: R5 Zoning Blockbuster – Grandfathered 2.42 FAR Multifamily in East New York!

Description: Attention strategic developers, cash buyers, and value-add investors! 538 Hendrix Street presents an extraordinary Brooklyn anomaly: a massive, built-out multifamily footprint situated within a highly desirable R5 Zoning District.

Legally classified as a 2-Family home but currently operating as a high-income 3-Family setup, this brick asset is a goldmine for cash buyers ready to maximize an existing footprint that is literally impossible to legally build from scratch today.
The Footprint & Layout:
 • Unit 1: Highly rentable 3-Bedroom layout
 • Unit 2: Generous 2-Bedroom layout
 • Unit 3: Additional 2-Bedroom layout
 • Bathrooms: 3 Full Baths (one per unit)
 • Bonus Potential: Full, unfinished basement with independent access—ideal for building mechanical storage, tenant lockboxes, or potential duplex expansion.
The R5 Zoning & Development Advantage: In an R5 district, new residential builds are strictly capped. However, this property grants you an incredibly valuable, grandfathered envelope:
 • Zoning District: R5
 • Standard Max Residential FAR: 1.5 (Max Buildable Area: 1,482 sq. ft.)
 • Current Built FAR: 2.42 (Current Built Area: 2,391 sq. ft.)
 • The Math: This structure sits -909 sq. ft. OVER standard modern R5 residential limits.
 • The Opportunity: By executing an "As-Is" gut renovation or a variance-backed modernization of the existing structure, you preserve a massive layout advantage that a standard vacant lot or new construction simply cannot match.
Terms & Disclosures:
 • INVESTORS, CASH, OR HARD MONEY BUYERS ONLY.
 • Property will be delivered completely AS-IS.
 • Configured as a 3-bed over 2-bed over 2-bed + unfinished basement.
 • Buyer is entirely responsible for verifying all zoning codes, certificates of occupancy, and navigating any future legal legalizations or variance optimizations with the NYC DOB.

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$418
Listed
29 days ago
Last check for updates: about 1 hour ago
Listing by: 1st American One NYC LTD, (516) 376-9720
Marc Dori, (516) 376-9720
Source: OneKey® MLS as distributed by MLS GRID, MLS#1013705
Also Listed on OneKey® MLS as distributed by MLS GRID.

Home Details for 538 Hendrix Street

Interior Features

Interior Details
Basement: Unfinished
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Available
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Gas & Electric
Has Electric on Property

Exterior Features

Parking & Garage
No CarportNo GarageParking: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 27Days on Market: 29

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family
Building
Construction Materials: BrickAttached To Another Structure
Property Information
Parcel Number: 040580122

Price & Status

Price
List Price: $999,999Price Per Sqft: $418

Active Status

MLS Status: Active

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 149 Danny KayeJr High / Middle School: Jhs 292 Margaret S DouglasHigh School: Transit Tech Career And Tech EduHigh School District: Brooklyn 19

Agent Information

Listing Agent
Listing ID: 1013705

Building

Building Area
Building Area: 2394 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 988 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Agency

Miscellaneous

BasementMls Number: 1013705Showing Requirements: Call Listing Agent

Market trends in New York

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM

Price History for 538 Hendrix Street

DatePriceEventSource
06/15/2026$999,999Listed For SaleOneKey® MLS as distributed by MLS GRID #1013705

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Property Tax and Assessment

Year2025
Tax$4,171
Assessment$1,053,000
Home facts updated by county records

Comparable Sales for 538 Hendrix Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
581 Van Siclen Avenue, Brooklyn, NY
0.22
Multi-Family Home
$710,000
05/27/26
5
2
1,500
346 Van Siclen Avenue, Brooklyn, NY
0.22
Multi-Family Home
$1,090,740
12/17/25
5
3
2,700
433 Jerome St, Brooklyn, NY
0.23
Multi-Family Home
$998,000
04/27/26
5
2
2,000
537 Miller Avenue, Brooklyn, NY
0.09
Multi-Family Home
$1,100,000
05/06/26
6
5
1,620

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 538 Hendrix Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about East New York

At least 2738 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 86 % Say it's walkable to grocery stores

  • 74 % Say it's dog friendly

  • 68 % Say it's walkable to restaurants

  • 65 % Say streets are well-lit

  • 60 % Say kids play outside

  • 57 % Say yards are well-kept

  • 56 % Say there's holiday spirit

  • 48 % Say car is needed

  • 48 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 42 % Say people would walk alone at night

  • 40 % Say there are community events

  • 38 % Say it's quiet

  • 36 % Say parking is easy

  • 36 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • mayrelis grullon
    "Great parks, commercials, the train and buses are close . Great school district specially for middle school "
    0
    Flag
  • Marilyn Saytue
    "I have lived in this neighborhood for 4 years. Calm neighborhood, with easy going neighbors. Thrift stores, eateries, supermarkets, barbershops, schools, churches, mosques, parks, green thumbs gardens and more."
    7
    Flag
  • Donsimmonsny36
    "Good place to live nice area schools parks bus train near buy it’s convenient place to be at and easy travel "
    2
    Flag
  • Jason St. Bernard
    "Good schools and distance to the school super friendly environment and good for kids enough supermarkets"
    2
    Flag
  • Jason St. Bernard
    "Dog parks , very friendly animals and a lot of space for the dog to run free and the shops they have for grooming and cleaning dogs "
    1
    Flag
  • Nkkbrathwaite
    "The place is being kept to okay standers. It is a quiet neighborhood with kids in the area that loves dogs."
    4
    Flag
  • James Taylor
    "Neighborhood is very family oriented I can walk my dog with no problem. I can go to the store and get whatever I need and I love the hospitality people say good morning and have a great day even say good night."
    5
    Flag
  • Sam Firempong
    "Block parties, loud . Not a safe neighborhood. But to each is his own just be careful of the street pharmacists lurking in the corners"
    3
    Flag
  • Kerilious jules
    "The place is not bad it’s just like any other neighborhood in America expect some weird stuff from time to time but other than that you should be alright, if you stay out the way people stay out your way very simple."
    1
    Flag
  • Stanley Clotaire
    "It’s a very vibrant neighborhood . The community sticks together, the food is great, the park is beautiful "
    4
    Flag
  • Jose Cardona
    "There are a lot of restaurants in the area and the transit makes it easy to go anywhere in the city. "
    2
    Flag
  • Elkins Martinez
    "There are many dog owners in this area and ontop of that there’s a nice big park nearby for playing catch and fetch petco nearby aswell so yeah a good spot."
    1
    Flag
  • Trulia User
    "It’s ok I was just so used to the neighborhood has its ups and down, I like that there are multiple parks to take your children to and the transportation is very convenient "
    4
    Flag
  • Javaughn Farquharson
    "Quiet, safe neighborhood though it can look intimidating. Not much food options but neighboring areas like Bushwick and Bedstuy are close by"
    0
    Flag
  • Kymora Rodney
    "3 train van sic Ac van sic Thankfully , cooperative when delay , can’t complain when it comes to the public "
    0
    Flag
  • Trulia User
    "There are no dog parks around here not dog friendly and people are mean all the time cars drive recklessly "
    0
    Flag
  • Zelda Bovian
    "It’s a very high crime neighborhood not a good neighborhood to be walking in at night there’s always shootings car theft and a high number of crimes also there is also a lot of fires and not to forget a high number of drug addicts lurking around "
    9
    Flag
  • Nunya
    "Wasn’t so bad in 2017 but now its terrible almost got shot last Halloween trick or treating had my first car they stole my parts Very high in gang activity my kid and I was almost stabbed coming home from local school by another student in local school Don’t move here stay in a shelter or where ever you are it’s not worth it "
    3
    Flag
  • Jocelyn C
    "People are dog friendly meaning no one is really scared of dogs but people don’t curve their dogs so your dog might eat another dog’s poop."
    1
    Flag
  • Wellington_diaz
    "Not a good place to raise your kids. High crime, noisy and too many people in the way. Home prices are too high for a place with little to offer. "
    4
    Flag
  • Shellzwilliam76
    "Please get rid of the rats and roaches before renting this property. This property may look nice but there are a lot of hidden surprises you will only experience by living in this property. "
    14
    Flag
  • Maria Perez
    "Some areas are very safe. Many places in the area are full of caring neighbors. There’s also lively with different types of culture and music. "
    2
    Flag
  • Trulia User
    "The community diversity I lived here for two years and u can’t classify this neighborhood by any race and we all treat eachother with respect "
    13
    Flag
  • Trulia User
    "It’s more of a neighborhood for older folks not really suitable for young, lively people. It’s not too bad but it’s not my vibe "
    0
    Flag
  • Trulia User
    "train access is close to my home but there are limited options. There are also busses that can be used for transportation."
    1
    Flag
  • Trulia User
    "I love this neighborhood. It is a great community for families. Love the access to shopping for all needs close by. "
    1
    Flag
  • Trulia User
    "i use to live in the neighborhood i like itit easy to get to the store or train i grown up on hinsdale the neighnor are very frirndly i know ill be okay thetr"
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for 20+ years! The Block Parties were among 1st community event. The Old-Timers’ Celebration, cookout, music groups from the ‘70’s & ‘80’s. A chance to see neighbors I haven’t seen in years!!"
    1
    Flag
  • Trulia User
    "Horrible not friendly dirty not livable basically a big dump doesn’t feel like home. Not for anyone who wants a basic quality of life"
    1
    Flag
  • Trulia User
    "basketball tournament's and alot of community events. Parks are great for the kids would not mind at all buying a place in this neighborhood in the future "
    0
    Flag
  • Trulia User
    "almost all the people in the area are Hispanic people and I like it because and I like living in this area because it looks safe and there are also many stores where you can go shopping"
    0
    Flag
  • Trulia User
    "It’s commute is very easy. n grain and bus are around the area. It’s always very busy. A few buses and only one train which is the J train. "
    1
    Flag
  • Trulia User
    "highland Park Logan Park a mix variety of people Spanish Africans caucasians Asians very diverse community"
    1
    Flag
  • Trulia User
    "my commute is very short and my fast. everything is close together. I like living out here better than the Bronxs. I like my commute. I live next to the train that's the best. The shopping area next to trains is a plus."
    0
    Flag
  • Trulia User
    "Family day once a year in the summer everyone comes for the neighborhood and enjoy food and music dancing with the elderly and young children it’s a beautiful time "
    2
    Flag
  • Trulia User
    "It’s a good area too live and commute in and the transportation is very well timed and very good also the diversity in the area is very friendly "
    0
    Flag
  • Trulia User
    "It’s Very Well Mixed Races and Very Well Friendly I Would Definitely recommend people to live here because of its diversity "
    13
    Flag
  • Trulia User
    "The transportation the train every bus down the block from me. Time for me to start my retirement life this isn't good for me any more"
    10
    Flag
  • Trulia User
    "What makes the neighborhood unique is it’s diverseness. We see a multitude of cultures surrounding the neighborhood. Some supermarkets have a unique choice of food items, and include a lot of Caribbean items you might not find in gentrified communities. "
    5
    Flag
  • Trulia User
    "A safe community to live in and create memories with family and friends but East New York is Not A safe area."
    0
    Flag

LGBTQ Local Legal Protections

Marc Dori, 1st American One NYC LTD, (516) 376-9720
Agent Phone: (516) 376-9720
Based on information submitted to the MLS GRID as of 2026-07-15 01:08:21 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
538 Hendrix Street, Brooklyn, NY 11207 is a studio, 2,394 sqft multi-family built in 1901. 538 Hendrix Street is located in East New York, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Jun 15, 2026. The MLS # for this home is MLS# 1013705.