About This Home

This 8-bedroom, 6-bathroom multi-family at 716 New Lots Avenue in Brooklyn, NY is listed for $1,150,000. Built in 2004, on a 0.04 acres lot.

Key Features

  • Built in 2004
  • 0.04 acre lot
  • 1 parking spaces

Property Details

6 full
1-car garage
2004

Amenities

A/C
Listing Description

Welcome to 716 New Lots Ave, a spacious three-family home in the heart of East New York. This property features three fully occupied units, each generating consistent cash flow. The first-floor unit offers 2 bedrooms and 2 bathrooms. The second floor boasts a generous 3-bedroom, 2-bathroom layout, while the third floor also provides 3 bedrooms and 2 bathrooms, making it an ideal investment opportunity.

Additional highlights include a full finished basement and a convenient one-car parking spot. Located in a prime area with easy access to all major transportation systems, this property is perfect for those seeking a well-maintained, income-generating investment. Don't miss out on this incredible opportunity! Additional Information: ParkingFeatures:1 Car Attached,

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

716 New Lots Avenue

Brooklyn, NY 11207

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathEntrance FoyerStorage

Property Details

Construction

Brick

Parking

GarageOpen

Heating

BaseboardNatural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 8-bedroom, 6-bathroom multi-family at 716 New Lots Avenue is listed at $1,150,000. The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2004, 0.04 acre lot, 1 parking spaces. Interior Features: First Floor Bedroom, First Floor Full Bath, Entrance Foyer.

This property is listed by Jessy J. Cuevas.

JC

Jessy J. Cuevas

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 276-0630 · View on Broker Site

MLS# 992858· Source: OneKey MLS· 182 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

716 New Lots Avenue, Brooklyn, NY 11207

Open this listing in: