605 E 49 Street

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Address: 605 E 49th St, Brooklyn, NY 11203, USA
New York & Tri-State + Apartment Buildings
Created date: July 29, 2026
Date last updated: October 1, 2026
Price: $979,000Investment Analyzer NEW!

Property Description

Unlock the ultimate Brooklyn real estate milestone with this classic, income-producing two-family property in East Flatbush. Whether you are looking to occupy one unit and let your tenant pay your mortgage, or secure a prime turn-key addition to your portfolio, 605 E 49th St is the opportunity you've been waiting for. Built with solid 1920s bones, fully renovated in 2019 from top to bottom, also did whole house spray foam insulation-creating an airtight, energy-efficient envelope that drastically reduces energy waste and lowers utility bills for both units. This two-story building features two separate, bright units: Unit 1: A spacious 3-bedroom, 1-bath layout featuring seamless access to a rare, generous private backyard. Unit 2: A sunny, flexible layout perfect for high-demand rental income. The Ultimate Brooklyn Perk: Forget alternate side parking rules. This property comes equipped with a highly coveted, private multi-car driveway!Perfectly located near neighborhood shopping, local parks, and transit, this property offers incredible financial freedom. Schedule your walkthrough today and see how easy it is to make homeownership pay for itself!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $979,000
Year Built: 1920
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 605 E 49 Street, Brooklyn, NY 11203, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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