3,752 Sq. Ft.
$666 / Sq. Ft.
3,752
Sq. Ft.
$666
per Sq. Ft.

Description

**SELLER INCENTIVE**
**Seller will cover all buyer closing costs for a contract signed by July 31, 2025.**
Opportunity knocks with this 19’ x 50’ brownstone offering approximately 3,752 square feet of living space on a bucolic, tree-lined block in one of Brooklyn’s most vibrant neighborhoods. Whether you're looking to live in one unit and collect income from two fully renovated rental units, or rent out the entire building, this investment delivers flexibility, strong cash flow, and long-term upside.
...**SELLER INCENTIVE**
**Seller will cover all buyer closing costs for a contract signed by July 31, 2025.**


Opportunity knocks with this 19’ x 50’ brownstone offering approximately 3,752 square feet of living space on a bucolic, tree-lined block in one of Brooklyn’s most vibrant neighborhoods. Whether you're looking to live in one unit and collect income from two fully renovated rental units, or rent out the entire building, this investment delivers flexibility, strong cash flow, and long-term upside. The rental market is strong and there is no slowdown in sight, making this the ideal investment opportunity.

Each unit is thoughtfully outfitted with tenant-friendly amenities, including individual electric and gas meters, hot water heaters, dishwashers, and in-unit washer/dryers—features that maximize your rent roll. Rental income from the two units can cover more than half of your monthly mortgage, making this an ideal option for both owner-occupants and savvy investors.

Located just a short distance from the C train for a convenient Manhattan commute and moments from Saratoga Park, this is a rare chance to own a turn-key, income-producing asset n one of Brooklyn’s most dynamic and appreciating enclaves.

Listing Agent

  1. Ronit Abraham

    Ronit Abraham

    Listing Agent

    Compass

    ronit.abraham@compass.com

    P: (917)-572-2583

Amenities

  • Primary Ensuite
  • Private Yard
  • Hardwood Floors
  • Walk Up
  • Washer / Dryer in Unit
  • Laundry in Building
  • Air Conditioning
  • Dishwasher
LISTING UPDATED: 09/01/2025 12:26 AM

Property Details for 581 Decatur Street

StatusExclusive Expired
Days on Market110
Taxes$453 / month
Maintenance-
Min. Down Pymt5%
Total Rooms15.0
Property TypeMulti Family
MLS Type-
Year Built1899
Lot Size1,875 SF / 19' x 100'
CountyKings County
Buyer's Agent Compensation2%

Building

581 Decatur St

3 Units3 StoriesBuilt in 1899
Add your commute

Building Information for 581 Decatur Street

Stories3Residences3Year Built1899Building Size18.75' x 50'Building Sq. Ft2,812.5 SFLot Size1,875 SF / 19' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$15,402 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,949

Property Taxes

$453

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 581 Decatur Street

DateEvent & SourcePriceAppreciationLink
Sep 1, 2025

Temporarily Off Market

Manual

May 13, 2025

Listed (Active)

Manual

$2,500,000
Mar 11, 2025

Temporarily Off Market

ONEKEY #806508

$2,800,000
DateEvent & SourcePrice
09/01/2025

Temporarily Off Market

Manual

05/13/2025

Listed (Active)

Manual

$2,500,000
03/11/2025

Temporarily Off Market

ONEKEY #806508

$2,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 581 Decatur Street

Taxable ValueLand$23,640Additions$78,720Total$102,360
Home Facts
Total Finished SqFt3,752 SqFtLot Size1,875 SqFtYear Built1899ZoningR6BAPN3015010071

Schools near 581 Decatur Street

This home is within New York City Geographic District #16.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 40 George W Carver
PublicPK to 5

Brooklyn Green School (The)
Public6 to 8

The Brooklyn Academy Of Global Finance
Public9 to 12

Jhs 57 Whitelaw Reid
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Bedford-Stuyvesant
Bedford-Stuyvesant
A beautiful historic district distinguished by its neighborly hospitality. Bed-Stuy represents something of a paradox: one of the largest neighborhoods in Brooklyn, it is practically a city within the borough, yet offers an intimate, slow-paced, small-town vibe. A sense of community pervades...

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.