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  • 354 Montauk Avenue
  • $ 1,485,000
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
354 Montauk Avenue East New York Brooklyn NY 11208
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354 Montauk Avenue

East New York   |   Blake Avenue & New Lots Avenue
Listing ID: 107308TH

  • $ 1,485,000
  • Bedrooms
  • Bathrooms
  • Semi-Attached HouseBuilding Type
  • Approx. SF

  • Details
    • Single FamilyOwnership
    • $ 636Anual RE Taxes
    • 20'x50'Building Size
    • 20'x100'Lot Size
    • 1901Year Built
    • ActiveStatus

354 Montauk Avenue East New York Brooklyn NY 11208
  • Description
  • Exceptional Income-Producing Two-Family Brick Home in East New York

    Discover a rare opportunity to own a beautifully maintained legal two-family brick home that combines comfortable owner occupancy with a well-established income-producing furnished rental operation. Thoughtfully renovated and meticulously maintained, this property offers an excellent opportunity for investors, owner-occupants, or buyers seeking to offset their housing expenses with substantial rental income.

    The home features a spacious owner's residence on the ground level, while the upper floors are configured to maximize rental potential with multiple private bedrooms. The current owner has successfully operated the furnished rental business since 2018, maintaining approximately 98% occupancy with a strong history of reliable, long-term professional tenants.
    Significant capital improvements provide peace of mind for the next owner, including a new roof installed in 2021 with solar panels, updated plumbing and electrical systems, a new boiler (2024), and a new central air conditioning system (2025). The property also benefits from a solar tax abatement, helping keep annual property taxes remarkably low.

    Additional highlights include:

    • Legal two-family brick property
    • Spacious owner's residence plus income-producing rental units
    • Strong rental history with approximately $100,000 in annual gross income
    • Approximately 3,000 square feet of living space
    • Beautiful brick exterior with generous outdoor space
    • Updated major building systems
    • Energy-efficient solar panel system
    • Excellent opportunity for investors or owner-occupants seeking additional income
    Whether you're looking for a turnkey investment or a home that generates substantial income, this exceptional Brooklyn property offers flexibility, strong cash flow potential, and long-term value.

    Exceptional Income-Producing Two-Family Brick Home in East New York

    Discover a rare opportunity to own a beautifully maintained legal two-family brick home that combines comfortable owner occupancy with a well-established income-producing furnished rental operation. Thoughtfully renovated and meticulously maintained, this property offers an excellent opportunity for investors, owner-occupants, or buyers seeking to offset their housing expenses with substantial rental income.

    The home features a spacious owner's residence on the ground level, while the upper floors are configured to maximize rental potential with multiple private bedrooms. The current owner has successfully operated the furnished rental business since 2018, maintaining approximately 98% occupancy with a strong history of reliable, long-term professional tenants.
    Significant capital improvements provide peace of mind for the next owner, including a new roof installed in 2021 with solar panels, updated plumbing and electrical systems, a new boiler (2024), and a new central air conditioning system (2025). The property also benefits from a solar tax abatement, helping keep annual property taxes remarkably low.

    Additional highlights include:
    • Legal two-family brick property
    • Spacious owner's residence plus income-producing rental units
    • Strong rental history with approximately $100,000 in annual gross income
    • Approximately 3,000 square feet of living space
    • Beautiful brick exterior with generous outdoor space
    • Updated major building systems
    • Energy-efficient solar panel system
    • Excellent opportunity for investors or owner-occupants seeking additional income
    Whether you're looking for a turnkey investment or a home that generates substantial income, this exceptional Brooklyn property offers flexibility, strong cash flow potential, and long-term value.

    Listing Courtesy of The Corcoran Group
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

  • View more details +

  • Features
    • A/C

  • Close details -
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

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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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.