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About This Home
This 1-bedroom, 0-bathroom residential multi family at 38 Stoddard Place in Brooklyn, NY is listed for $1,700,000. Built in 1925, on a 0.06 acres lot.
Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot.
Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation. The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout.
The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability.
This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights' continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside.
Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn. A true fixer-upper with significant potential in one of Brooklyn's most desirable neighborhoods.
Key Features
- Built in 1925
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$9,092/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
38 Stoddard Place
Brooklyn, NY 11225
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 1-bedroom, 0-bathroom residential multi family at 38 Stoddard Place is listed at $1,700,000. The estimated monthly payment is $7,367 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.06 acre lot. Interior Features: First Floor Bedroom.
This property is listed by James Russo and can be reached at 3479678334 or jamesrusso1020@gmail.com.











