Brown Harris Stevens

Search
495 Linwood Street
East New York, New York
$1,070,000 Price
7 Bedrooms   2.0 Baths
CloseClose Video
Photo 1 of 495 Linwood Street, East New York, New York, $1,070,000, Web #: 1114760541Previous PhotoNext Photo1 of 14

495 Linwood Street, East New York, New York

CALLING ALL INVESTORS - Outstanding Investment Opportunity This classic red brick multi-family home offers exceptional value and immediate upside, located just one block from the C train at Shepherd Avenue and within a half-mile of the J, A, and 3 subway lines—providing fast, easy access...

CALLING ALL INVESTORS - Outstanding Investment Opportunity This classic red brick multi-family home offers exceptional value and immediate upside, located just one block from the C train at Shepherd Avenue and within a half-mile of the J, A, and 3 subway lines—providing fast, easy access to Manhattan and the rest of the city. Currently configured as two spacious rental units, both fully occupied with excellent tenants. The property spans 2,900 square feet and includes seven total bedrooms and two full bathrooms, all within a beautifully maintained Colonial-style brick building. The home features hardwood floors throughout, natural gas steam heating, and excellent light and space. The first-floor apartment spans over ~1,000 square feet and features a charming railroad-style layout with three bedrooms. The large, separate kitchen is equipped with granite countertops, ivory wood cabinetry, a stainless steel refrigerator, and a stove with oven/range. The marble-tiled bathroom and oversized windows flood the unit with natural light, adding to its warmth and appeal. The second-floor apartment is a very spacious ~1000 square foot four-bedroom, one-bathroom home with excellent storage throughout, including a walk-in closet off the primary bedroom. This unit features hardwood flooring, central heating, and a modern open-concept kitchen and living room layout. The kitchen is fitted with stainless steel appliances and generous counter and cabinet space, ideal for comfortable everyday living. Set on a 20' x 100' lot, this fully attached home is perfect for investors seeking reliable income with growth potential, or homeowners looking to live in one unit while earning rental income from the others. In mint condition, this is a turn-key property with long-term value, with DOB-approved plans in place to convert the finished basement (another ~1000 sq ft) into a legal third unit, this property is primed for expansion. All city approvals have been secured, allowing construction to begin right away. Investors only. Units are both currently occupied with tenants on long-term leases.

Courtesy of Compass

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
East New York, New York
Type:
Price: $1,070,000
Date Listed: 5/31/2025
Last Updated: 6/2/2025
Web ID: 1114760541

Info & Amenities

Rooms: 9.0
Bedrooms: 7
Bathrooms: 2.0
Built: 1901

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. 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. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.