$1,395,000

487 HART Street, New York City, NY 11221

  • 6 beds |
  • 3 baths |
  • 1,680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $830/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs. The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate. The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light. Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset. Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.

Listing Status:
Active
Date Added:
April 4, 2026
Data Last Updated:
May 11, 2026 at 4:18AM
Listing Office:
Corcoran Group : (212) 355-3550
Listing Agent:
Jacob Henderson : (917) 397-4014
MLS ID:
RLS20081165
  • General: Smoke Free
  • Laundry: In Unit
  • Basement: Other
  • A/C: None
  • Fireplace: DecorativeFireplaceFireplaces: 1
  • General: Private Outdoor Space Over 60 Sqft
  • General: 2
  • Originating MLS: RLS_REBNY
  • County: Kings
  • Zoning: 03214-0038
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Jacob Henderson , Corcoran Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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