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$1,485,000
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Property Description
Headline: Prime Brooklyn Investor Opportunity: Legal 2-Family property with Income-Producing Discover a outstanding investment in a high-demand Brooklyn neighborhood. This legal two-family brick property, creating a robust, multi-stream income portfolio. The property is fully occupied, providing immediate cash flow. For your convenience, it can be delivered fully vacant upon sale, offering maximum flexibility for the new owner. This is a unique foreclosure opportunity being sold with a full payoff, requiring no bank approval for a quick and seamless transaction. The building is in average condition and is ready for an investor to add value or for an end-user seeking strong rental income. Ideal for: Non-QM Purchases Conventional Financing using rental income All-cash Investors Seize this turnkey investment-schedule your private showing today
Full Property Details
Full Property Details for 98 Lewis Ave
General
- Price: $1,485,000
- Taxes: $3,331
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 929655
- Updated: 12/18/2025
- Added to Site: 82 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
- Flooring: Hardwood
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
- Cross Streets: Stuyvesant Avenue and Malcolm X Boulevard
- Driving Directions: From Manhattan (Midtown) By Subway: Take the C train towards Brooklyn. Get off at the Lafayette Avenue station. From the station, you will be at the corner of Lafayette Ave and Fulton St. Walk east on Lafayette Ave for about 4 blocks until you reach Lewis Ave. Turn left (north) onto Lewis Ave. 98 will be a short walk on your left. Otherwise Please use GPS
School Information
- High School District: Brooklyn 16
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 2520
- Square Feet: 2,520
- Year Built: 1899
Lot Features
- Lot Size (Acres): 0.0367
- Lot Size (Sq. Ft.): 1,597
Financial Considerations
- Tax Amount: $3,331.92
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: In Foreclosure
- Property ID: 01594-0047
- Block: 1594
- Lot Number: 47
Listed by Weston Brown
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Schools
Schools serving 98 Lewis Ave
School District:New York City Geographic School District 16
| Name | Grades | Distance |
|---|---|---|
Ps 81 Thaddeus Stevens 990 Dekalb Avenue, Brooklyn, NY 11221 | K-6 | 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 98 Lewis Ave
Date
Details
Price
Change
Source
10/28/2025
Listed
$1,485,000
174.69%
MLS
9/16/2005
Sold
$540,600
—
Public Record
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 98 Lewis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,367
1%
$16,766
-82%
2024
$3,332
6%
$93,540
2%
2023
$3,144
5%
$91,680
-8%
2022
$3,005
-49%
$99,240
9%
2021
$5,881
99%
$91,440
-2%
2020
$2,957
1%
$93,480
13%
2019
$2,926
16%
$82,740
534%
2017
$2,513
—
$13,046
6%
2017
$2,513
8%
$12,330
6%
2016
$2,328
2%
$11,643
—
2015
$2,277
3%
$11,643
1%
2015
$2,207
40%
$11,520
6%
2013
$1,578
—
$10,872
—
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 98 Lewis Ave
98 Lewis Avenue, Brooklyn, NY 11206 (MLS# 929655) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 98 Lewis Avenue is currently listed for $1,485,000 and was received on October 28, 2025. Want to learn more about 98 Lewis 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.

