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$699,000 Just Listed
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Property Description
Excellent investment opportunity in Brooklyn! This two-family brick home features a spacious 4-bedroom, 1-bath unit over a 3-bedroom, 1-bath unit, plus a FULLY finished basement. The property includes a one-car garage and a private backyard, offering added value and functionality. The home is in fair condition and is BEING sold occupied with an existing tenant in place. Tenant will remain after closing; buyer to assume responsibility for any future occupancy decisions. NO EXCEPTIONS. ***Please do not call or inquire if you are looking for the tenant to be removed prior to closing.*** This will not happen and bear this in mind when it comes to appraisals and type of loans, their will be ABSOLUTLEY NO ACCESS to see the apartment at all. The tenant is noncompliant. ****Property is being offered at a significantly below-market price, creating strong upside and income potential for investors or end users prepared for a value-add opportunity. Sale is AS-IS. Price is firm. No negotiations.**** Ideal for investors seeking immediate rental income and long-term appreciation in a strong Brooklyn market.
Full Property Details
Full Property Details for 627 Hegeman Ave
General
- Price: $699,000
- Taxes: $4,360
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 952633
- Updated: Today (1/16/2026)
- Added to Site: Today
Interior
- Interior Features: Formal Dining, Primary Bathroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Building Size: 2400
- Square Feet: 2,400
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0578
- Lot Size (Sq. Ft.): 2,518
Financial Considerations
- Tax Amount: $4,360.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 04302-0039
Listed by Connect RE Corp.
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Schools
Schools serving 627 Hegeman Ave
School District:New York City Geographic School District 19
| Name | Grades | Distance |
|---|---|---|
Ps 213 New Lots 580 Hegeman Avenue, Brooklyn, NY 11207 | PK-5 | 0.1 mi |
Van Siclen Community Middle School 800 Van Siclen Avenue, Brooklyn, NY 11207 | 6-8 | 0.2 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 627 Hegeman Ave
Date
Details
Price
Change
Source
1/16/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 627 Hegeman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,403
1%
$21,924
-62%
2024
$4,361
6%
$57,060
2%
2023
$4,116
5%
$55,740
22%
2022
$3,929
-49%
$45,600
2%
2021
$7,690
99%
$44,520
-7%
2020
$3,867
1%
$47,940
20%
2019
$3,830
17%
$40,080
135%
2017
$3,287
—
$17,076
6%
2017
$3,287
8%
$16,123
6%
2016
$3,044
2%
$15,225
—
2015
$2,977
3%
$15,225
1%
2015
$2,888
18%
$15,078
6%
2013
$2,446
—
$14,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 627 Hegeman Ave
627 Hegeman Avenue, Brooklyn, NY 11207 (MLS# 952633) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 627 Hegeman Avenue is currently listed for $699,000 and was received on January 16, 2026. Want to learn more about 627 Hegeman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

