561 E 31st St
Brooklyn, NY 11210
Flatbush- 6 Beds
- 4 Baths
- 2,771 sqft
6 Beds
4 Baths
2,771 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1915
Living Area
2,771 sqft
Price/Sqft
$403
About this House
Wonderful, fully detached, 2-family home, with almost 3,000 square feet of livable space just arriving to market in East Flatbush! With an exceptional design making excellent use of all available space, and R6 zoning for development, this property has many possibilities! Currently a legal 2-family home in walk-in condition that sits, fully detached, on a 30 by 100 foot lot. The first floor is the first apartment, boasting 2 bedrooms, a living room, dining room, kitchen and full bath. Second floor is in actuality, a duplex, with 2-bedrooms, living room, dining room, kitchen and a full bath under an upstairs attic-type space that has another full bedroom and another full bathroom as well! There's also a fully finished basement with its very own separate entrance, complete with a large space, kitchenette and full bathroom! The potential for exceptional revenue from rentals alone is quite lucrative. There's also a private driveway in front so there is plenty of room for parking a couple of cars in front too! The neighborhood is peaceful on a great wraparound cul-de-sac between Farragut Place and Farragut Road, near Nostrand Avenue, Flatbush Gardens and the Newkirk/Nostrand stop of the 2 and 5 trains! This is a great property! Call today!
Home Details for 561 E 31st St
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 3Floors: Tile, Hardwood, Laminate |
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Exterior Home Features Roof: Asphalt |
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Year Built Year Built: 1915Year Updated: 1915 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 3 |
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Lot Area: 3001 sqft |
Price History for 561 E 31st St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/06/2018 | $769,888 | ListingRemoved | Agent Provided |
| 01/05/2018 | $769,888 | Listed For Sale | Agent Provided |
| 10/01/2017 | $999,000 | ListingRemoved | Agent Provided |
| 01/11/2017 | $999,000 | Listed For Sale | Agent Provided |
| 04/11/2007 | $730,000 | Sold | N/A |
| 02/04/2005 | $466,400 | Sold | N/A |
Market trends in New York
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,872 |
| Assessment | $1,203,000 |
Home facts updated by county records
Comparable Sales for 561 E 31st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Multi-Family Home | $820,000 | 08/29/25 | 8 | 5 | 3,270 | |
0.26 | Multi-Family Home | $845,000 | 07/30/26 | 5 | 2 | 2,120 | |
0.36 | Multi-Family Home | $875,000 | 12/26/25 | 4 | 3 | 2,080 | |
0.53 | Multi-Family Home | $955,000 | 02/27/26 | 6 | 3 | 3,128 | |
0.29 | Multi-Family Home | $1,100,000 | 11/07/25 | 4 | 2 | 1,815 | |
0.49 | Multi-Family Home | $1,450,000 | 05/20/26 | 5 | 4 | 2,128 | |
0.51 | Multi-Family Home | $900,180 | 03/09/26 | 5 | 3 | 1,920 | |
0.37 | Multi-Family Home | $1,250,000 | 07/07/26 | 3 | 2 | 3,710 | |
0.63 | Multi-Family Home | $1,300,000 | 08/14/25 | 5 | 3 | 2,480 | |
0.33 | Multi-Family Home | $750,000 | 03/09/26 | 3 | 2 | 1,616 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 561 E 31st St.
What Locals Say about Flatbush
At least 947 Trulia users voted on each feature.
92 % Say there are sidewalks
90 % Say it's walkable to grocery stores
85 % Say it's walkable to restaurants
83 % Say it's dog friendly
75 % Say streets are well-lit
59 % Say kids play outside
58 % Say people would walk alone at night
55 % Say there's holiday spirit
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
44 % Say yards are well-kept
43 % Say there are community events
33 % Say it's quiet
32 % Say car is needed
27 % Say there's wildlife
17 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Frequently asked questions about 561 E 31st St
- What is 561 E 31st St estimated to be worth?Trulia's estimated value for 561 E 31st St in Brooklyn, NY is $1,115,400.
- What is the price history for 561 E 31st St?561 E 31st St in Brooklyn, NY last sold for $730,000 in April 2007.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $767K. That is up $4.33K from the prior month.

