716 New Lots Avenue, Brooklyn, NY 11207 - Photo 1

Save This Listing

Close

1/2

View All Photos

$1,250,000 Just Listed

For Sale
Active
Multi-Family
8 Total Beds
1 Car Garage
Updated 6 hours ago

See This Home

Save This Listing

Close

1/2

Property 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,

Full Property Details

Full Property Details for 716 New Lots Ave

General

Price: $1,250,000
Taxes: $7,861
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 992858
Updated: Today (4/30/2026)
Added to Site: Today

Interior

Interior Features: First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Storage
Laundry Facilities: Yes

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: In Basement

Parking

Garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: Attached, Garage, Open

Location

County: Kings (Brooklyn)

School Information

High School District: Contact Agent
Elementary School: Contact Agent
Middle School: Call Listing Agent
High School: Contact Agent

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas, Baseboard

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Trash Collection Public

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement
Building Size: 3120
Square Feet: 3,120
Year Built: 2004

Lot Features

Lot Size (Acres): 0.0413
Lot Size (Sq. Ft.): 1,799

Financial Considerations

Tax Amount: $7,861

Disclosures and Reports

Special Conditions: None
Property ID: 04311-0105

Listed by eXp Realty

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 716 New Lots Ave —

eXp Realty

888-276-0630

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 716 New Lots Ave

School District:New York City Geographic School District 19

Name	Grades	Distance
Ps 202 Ernest S Jenkyns 982 Hegeman Avenue, Brooklyn, NY 11208	K-6	0.4 mi
Van Siclen Community Middle School 800 Van Siclen Avenue, Brooklyn, NY 11207	6-8	0.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 716 New Lots Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/30/2026

Listed

$1,250,000

68.92%

MLS

10/26/2018

Sold

$740,000

—

Public Record

Get Price Alerts and Save Property

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 716 New Lots Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,722

—

$65,100

-5%

2024

$7,722

2%

$68,280

10%

2023

$7,549

1%

$61,800

—

2022

$7,442

-40%

$61,620

30%

2021

$12,401

153%

$47,580

-9%

2020

$4,907

27%

$52,380

19%

2019

$3,860

110%

$43,980

40%

2017

$1,841

—

$31,320

3%

2017

$1,841

2%

$30,538

6%

2016

$1,805

2%

$28,810

6%

2015

$1,766

2%

$27,180

2%

2014

$1,733

5%

$26,700

2%

2013

$1,644

—

$26,100

—

View All

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 716 New Lots Ave

77-46 79th Pl, Glendale, NY 11385 - Photo 1

Just Listed

$825,000

Open House

77-46 79th Pl Glendale, NY 11385

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,110
Sq. Ft.

Listed by Werba Realty LLC

65-32 80th Ave, Glendale, NY 11385 - Photo 1

Just Listed

$1,088,888

65-32 80th Ave Glendale, NY 11385

Single Family
Active
Updated 21 hours ago

4
Beds
3
Total Baths

Listed by BLT Minimax Realty Inc

78-24 86th St, Glendale, NY 11385 - Photo 1

Just Listed

$888,000

78-24 86th St Glendale, NY 11385

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,406
Sq. Ft.

Listed by Macaluso Realty

88-02 79th Ave, Glendale, NY 11385 - Photo 1

Just Listed

$979,000

88-02 79th Ave Glendale, NY 11385

Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,736
Sq. Ft.

Listed by Grimaldi Realty Group

716 New Lots Avenue, Brooklyn, NY 11207 (MLS# 992858) is a Multi-Family property with 3 units containing 8 bedrooms and 6 full bathrooms. 716 New Lots Avenue is currently listed for $1,250,000 and was received on April 30, 2026. Want to learn more about 716 New Lots 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.

716 New Lots Ave Brooklyn, NY 11207