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$1,100,000
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Property Description
Finally, a Two Family with exceptional Upside in Prime PLG/Flatbush Border. Welcome to 124 Martense Street, a classic 20' x 55' two-family barrel front townhouse located at the crossroads of Flatbush and Prospect Lefferts Gardens. The two family, 20 ft x 55 ft home is rich in period details. Inside you'll find stunning inlaid hardwood floors, ornate Victorian mantels, a grand pier mirror, and intricate original woodwork,. All of these rare architectural touches speak to the home's history. While the property requires TLC, these preserved elements offer an incredible starting point for restoration or conversion. Set on a 20.33 ft x 117.83 ft lot and zoned R7-1 with a residential FAR of 3.44, this property offers a tremendous development opportunity with 5,782 square feet of unused buildable, allowing for a maximum usable floor area of 8,118 square feet. Whether you're a developer seeking your next project or an end-user with vision, the potential here is undeniable. Each floor can be its own rentable unit or you can combine the first and second floors into a spacious grand one family home. Located on a charming, tree-lined block near the heart of PLG, you are close to Prospect Park and the B/Q trains. Lot Size: 2,360 SF (20.33' x 117.83') Zoning: R7-1 / Residential FAR 3.44 Max Buildable: 8,118 SF Unused Buildable: 5,782 SF End-users, investors, and developers-bring your architect and vision. This is a rare chance to transform a historic home with architectural pedigree or build new on a generously zoned lot in one of Brooklyn's most dynamic neighborhoods. Cash offers preferred. Shown by appointment.
Full Property Details
Full Property Details for 124 Martense St
General
- Sold For: $1,100,000
- Taxes: $7,776
- Status: Closed
- Type: Duplex
- Source: REBNY
- MLS ID: RLS20025368
- Added to Site: 242 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Built-in Features, Crown Molding, High Ceilings
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Decorative
- Furnishings: Unfurnished
- Flooring: Hardwood, Parquet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Unit, See Remarks
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
Location
- County: Kings
- Subdivision: Flatbush
Structural Information
- Structure Type: Duplex, Townhouse
- Stories/Levels: 2
- Square Feet: 2,400
- Living Area: 2,400 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Dimensions: 20.330000 x 117.830000
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,776
Disclosures and Reports
- Property ID: 05090-0021
- Block: 5090
- Lot Number: 21
Listing Courtesy of Compass
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Schools
Schools serving 124 Martense St
School District:New York City Geographic School District 17
| Name | Grades | Distance |
|---|---|---|
Ps 181 1023 New York Avenue, Brooklyn, NY 11203 | PK-8 | 0.5 mi |
Parkside Preparatory Academy 655 Parkside Avenue, Brooklyn, NY 11226 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Martense St
Date
Details
Price
Change
Source
7/29/2025
Sold
$1,100,000
1.38%
MLS
5/20/2025
Listed
$1,085,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 Martense Street, New York City, NY 11226 (MLS# RLS20025368) is a Duplex property that was sold at $1,100,000 on July 29, 2025. Want to learn more about 124 Martense Street? Do you have questions about finding other Duplex real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

