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38 Stoddard Place, Brooklyn, photo 1
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38 Stoddard Place

$1,700,000

Est. $9,214/mo

Brooklyn, NY 11225 · Brooklyn

Status
Active
On site
249 days

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About this home

Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot. Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation. The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout. The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability. This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights’ continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside. Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn. A true fixer-upper with significant potential in one of Brooklyn’s most desirable neighborhoods.

Listed with Keller Williams Realty Liberty · James Russo · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 7:07 AM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$9,213.84Total / mo

Estimated Monthly Payment

Principal & interest
$8,373.75 (90.9%)
Taxes
$640.08 (6.9%)
Insurance
$200.00 (2.2%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Brooklyn, NY

Current Listings

New in the last 30 days

210

Sep 2026

Average Price

Active listings

$1,283,417

Sep 2026

Average Days on Market

Active listings

176 days

Sep 2026

Computed from 1,571 active OneKey MLS listings in Brooklyn, NY.

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