Welcome to 747 Essex Street – a legal three-family home offering exceptional versatility, income potential, and space. This semi-detached brick property is ideal for both end-users and investors seeking a smart opportunity in Brooklyn. The layout is thoughtfully divided between two distinct sides of the building. The right side features a 3-bedroom, 1-bathroom apartment over a 1-bedroom, 1-bathroom apartment, each with great natural light and functional layouts. The left side showcases a duplex 3-bedroom, 3-bathroom residence with an unfinished basement offering high ceilings and a separate entrance—perfect for storage, recreation, or future customization. The building is fully equipped with three separate boilers, hot water storage tanks, and electric meters, keeping all utilities independent for each unit. This setup allows an owner to live comfortably in the spacious duplex while offsetting mortgage costs with rental income from the other two apartments—or enjoy strong rental returns across all units. Conveniently located near the New Lots Avenue 3 train, Shepherd Avenue A/C trains, and multiple MTA bus routes, 747 Essex Street provides easy access throughout Brooklyn and Manhattan. The property is also close to local schools, shops, and neighborhood parks, making it an attractive choice for tenants and owners alike. Whether you’re an investor looking for a high-yield multi-family or a buyer seeking a primary residence with built-in income potential, 747 Essex Street delivers flexibility, function, and value in one of Brooklyn’s fastest-growing neighborhoods.
Listed by Ricardo Pena CBR
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The Agency Northshore NY
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631-870-0753
Last updated November 18, 2025
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Source: OneKey #914617
Listing Facts
TypeMulti-family
NeighborhoodNew Lots
Bedrooms7
Bathrooms5
Days on Prevu2
Taxes$6,882.08/year
Location
Mortgage Calculator
Listing History
11/17/2025
Listed by The Agency Northshore NY
$1,299,888
Estimated Closing Costs
Total
$48,366
Attorney Fees
$4,000
NYC Mansion Tax
$12,998
Title Insurance
$5,850
Bank Attorney
$1,500
Mortgage Recording Tax
$20,018
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,299,888 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 747 Essex Street
Exterior
Construction
Number Of Units Total: 3
Year Built: 2006
Construction Materials: Brick
Features
Direction Faces: West
Measurements
Building Area Total: 3,600
Building Area Units: Square Feet
Financial
Taxes
Tax Annual Amount: $6,882.08
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Formal Dining, Galley Type Kitchen, High Ceilings, Primary Bathroom, Walk-In Closet(s), Washer/Dryer Hookup
Rooms
Basement: Full, Unfinished, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 7
Other
Location
Tax Block: 4339
Tax Lot: 1
Parking
Parking
Carport Spaces: 2
Carport: Yes
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
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