$3,500,000
- 8 Beds
- 8 Baths
- 5,000 sqft
89 Luquer St, Brooklyn, NY 11231
Est. Mortgage $20,206/mo*
Get Pre-QualifiedHome Highlights
Property Type
Single-Family Home
Year Built
1900
Price/Sqft
$700
HOA
None
Local Information
-- mins to
About this House
For Income & Expenses set up please reach out.
4.5% cap rate
Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25’ x 100’ lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify).
Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders. Annual property taxes are approximately $15,324, contributing to a favorable operating profile.
Situated in one of Brooklyn’s most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope. Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.
4.5% cap rate
Outstanding investment opportunity in the heart of Carroll Gardens. This well-maintained 8-family residential building offers approximately 5,000 square feet on a 25’ x 100’ lot and is located in an R6B zoning district with a FAR of 3, providing approximately 2,500 square feet of additional buildable area for future upside (buyer to verify).
Built in 1900, the property features 3 rent-stabilized apartments, with the remaining units offering attractive long-term income potential. The building has been meticulously maintained, and the apartments are in good condition, making it an ideal asset for both seasoned investors and long-term holders. Annual property taxes are approximately $15,324, contributing to a favorable operating profile.
Situated in one of Brooklyn’s most desirable neighborhoods, the property enjoys a prime Carroll Gardens location with convenient access to Red Hook and Park Slope. Just moments from the F and G subway lines, commuting to Manhattan is quick and convenient. Combining stable income, development potential, and an exceptional location, 89 Luquer Street represents a rare opportunity to acquire a quality multifamily asset in a highly sought-after market.
Contact this Building
Last check for updates: about 10 hours ago
Listing by: Frank Galeano Licensed Real Estate Broker INC, (718) 596-9545
Frank Galeano
Arturo Galeano
Source: StreetEasy, MLS#S1837263
Home Details for 89 Luquer St
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MLS Status: Active |
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Interior Details Number of Rooms: 24 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 5000 Square Feet |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage No Garage |
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Days on Market: 57 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Rental Unit |
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Price List Price: $3,500,000Price Per Sqft: $700 |
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Direction & Address City: BrooklynCommunity: Carroll Gardens |
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Listing Agent Listing ID: S1837263 |
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Building Area Building Area: 5000 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1837263Listing Url |
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STREETEASY Property ID: 931613STREETEASY Building ID: 52867 |
Around this home
What Locals Say about Carroll Gardens
At least 380 Trulia users voted on each feature.
96 % Say there are sidewalks
95 % Say it's dog friendly
95 % Say it's walkable to restaurants
93 % Say it's walkable to grocery stores
87 % Say people would walk alone at night
84 % Say kids play outside
83 % Say streets are well-lit
69 % Say neighbors are friendly
67 % Say there's holiday spirit
62 % Say they plan to stay for at least 5 years
54 % Say there are community events
47 % Say yards are well-kept
45 % Say it's quiet
42 % Say parking is easy
33 % Say there's wildlife
20 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Home Value
Trulia Estimate
$3.37MSince last month
Increased$8K (+0.2%)Since last year
Increased$2M (+202.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +354% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $3.37M |
| August 2026 | $3.36M |
| June 2026 | $1.23M |
| May 2026 | $1.43M |
| April 2026 | $971K |
| March 2026 | $982K |
| February 2026 | $955K |
| January 2026 | $1.11M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $4,995,000 | 01/29/26 | 4 | 4.5 | 3,600 | |
0.40 | Single-Family Home | $3,400,000 | 06/24/26 | 6 | 5.5 | 5,854 | |
0.33 | Single-Family Home | $7,500,000 | 06/18/26 | 4 | 3.5 | 5,356 | |
0.57 | Single-Family Home | $7,700,000 | 10/09/25 | 6 | 5 | 4,500 | |
0.35 | Single-Family Home | $3,800,000 | 02/25/26 | 4 | 4.5 | 3,540 | |
0.62 | Single-Family Home | $6,750,000 | 04/28/26 | 5 | 5.5 | 4,500 | |
0.60 | Single-Family Home | $11,900,000 | 07/15/26 | 6 | 7 | 7,750 | |
0.21 | Single-Family Home | $3,352,000 | 06/02/26 | 3 | 3 | 3,936 | |
0.58 | Single-Family Home | $8,150,000 | 01/13/26 | 5 | 4.5 | 4,440 | |
0.35 | Single-Family Home | $5,500,000 | 03/02/26 | 5 | 2.5 | 3,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $745,000 | 1 | 1 | 700 | Recently Sold | |
0.03 | $795,000 | 1 | 1 | - | For Sale | |
0.03 | $651,000 | 1 | 1 | - | Off Market | |
0.03 | $3,769,000 | 4 | 3 | 3,142 | For Sale | |
0.02 | $3,425,000 | 7 | 4 | 3,612 | Recently Sold | |
0.06 | $953,000 | 1 | 1.5 | 1,298 | Off Market | |
0.06 | $1,113,300 | 1 | 2 | 920 | Off Market | |
0.06 | $749,000 | 1 | 1 | 590 | Off Market | |
0.05 | $1,438,003 | 2 | 2 | 945 | Recently Sold | |
0.05 | $2,500,000 | 4 | 3 | 1,575 | Recently Sold | |
0.05 | $2,573,268 | 4 | 3 | 1,575 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 8, 2026 Source: StreetEasy #S1837263 | Listed For Sale | $3,500,000 |
Aug 29, 2020 Source: Agent Provided | ListingRemoved | $2,250 |
Aug 19, 2020 Source: Agent Provided | Listed For Rent | $2,250 |
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Frequently asked questions about 89 Luquer St
- What is the estimated monthly payment for 89 Luquer St?Based on a $3,500,000 list price with 20% down at today's rates, the estimated monthly payment for 89 Luquer St in Brooklyn, NY is approximately $20,336 (about $18,161 principal & interest, $2,100 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 89 Luquer St compare to homes in Brooklyn?89 Luquer St in Brooklyn, NY is listed at $3,500,000, about 341% above the $794K median sale price in Brooklyn.
- What do residents say about the Carroll Gardens neighborhood?Residents describe the Carroll Gardens neighborhood in Brooklyn, NY as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Carroll Gardens, Brooklyn.
- What are the closest schools to 89 Luquer St?The closest schools to 89 Luquer St in Brooklyn, NY are Brooklyn Secondary School For Collaborative Studies (Middle/High, rated 4/10), Ps 58 The Carroll (Pre-K/Elementary, rated 8/10).
89 Luquer St, Brooklyn, NY 11231 is a 8 bedroom, 8 bathroom, 5,000 sqft single-family home built in 1900. 89 Luquer St is located in Carroll Gardens, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Jul 8, 2026. The MLS # for this home is MLS# S1837263.

