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863 Dumont Avenue
Brooklyn NY 11207 US

$1,395,000

Active Listing ID 1005804
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Lot: 0.06 Acres
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$1,395,000

Active Listing ID 1005804
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863 Dumont Avenue 863 Dumont Ave, Brooklyn, NY 11207 - Exceptional investment opportunity in the heart of East New York. This legal detached brick 3-family building offers strong existing cash flow with significant upside potential. Configured as a spacious 5-bedroom/1-bath apartment over two 4-bedroom/1-bath apartments, plus a full unfinished basement with both an interior entrance and separate rear access. The property underwent a gut renovation approximately 5 years ago and remains in very good overall condition, requiring only minor cosmetic updating. Fully occupied and producing approximately $9, 600 per month in rental income, this property also presents clear upside potential with projected market rents estimated around $13, 000 per month. Additional features include detached brick construction, separate utilities with 2 electric meters and 3 gas meters, 1 hot water tank, and 1 furnace. The oversized apartments provide excellent functionality and strong tenant appeal in a high-demand rental market. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major roadways. Easy access to subway lines, bus routes, and the Belt Parkway adds to the property's long-term investment appeal. Excellent opportunity for investors seeking a large income-producing Brooklyn property with strong existing returns and future growth potential.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s), Wall/Window Unit(s)
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement

School Information

  • School
  • Ps 114 Ryder Elementary(Elementary)
  • Brooklyn Science And Engineering Aca(MiddleSchool)
  • Acad For Conservation & Environment(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1395000
  • unparsedaddress: 863 Dumont Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11207
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0574
  • lotsizeunits: Acres
  • lotsizearea: 0.0574
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.66769
  • longitude: -73.886639
  • listagentfullname: Morris Zarifpoor
  • listagentemail: morris@ksrealtyny.com
  • listagentkey: 3yd-MLSLINY-182256
  • listagentmlsid: 182256
  • listagentpreferredphone: 6464630717
  • listagentofficephone: 6464630717
  • listofficekey: 3yd-MLSLINY-KEEG02
  • listofficemlsid: KEEG02
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1901
  • listingcontractdate: 2026-05-13
  • listagentfax: 6312616210
  • listagenturl: http://www.keystonerealtyusa.com
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 04060-0041
  • elementaryschool: Ps 114 Ryder Elementary
  • highschool: Acad For Conservation & Environment
  • elementaryschooldistrict: Brooklyn 18
  • middleorjuniorschooldistrict: Brooklyn 18
  • highschooldistrict: Brooklyn 18
  • cooling: Window Unit(s), Wall/Window Unit(s)
  • constructionmaterials: Brick
  • heating: Baseboard
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Eat-in Kitchen, High Ceilings
  • rooms: Basement
  • utilities: Cable Available
  • basement: Unfinished, Walk-Out Access
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -73.88664, 40.66769
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keystone Realty USA", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"morris@ksrealtyny.com", "ListBrokerageCity":"E. Northport", "ListBrokerageCountry":"US", "ListBrokerageEmail":"keystonerealty1@aol.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/c5ababc31ce7cff2011ce8417bee2786/20081013122954037.bmp", "ListBrokerageName":"Keystone Realty USA", "ListBrokeragePhone":"631-486-1126", "ListBrokeragePostalCode":"11731", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"384 Larkfield Rd Suite 6", "ListBrokerageWebsiteUrl":"http://www.keystonerealtyusa.com", "ListOfficeAddress1":"60 E Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KEEG02", "ListOfficeCity":"Kings Park", "ListOfficeCountry":"US", "ListOfficeEmail":"keystonerealtydesk@gmail.com", "ListOfficePostalCode":"11754", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/863-Dumont-Ave_Brooklyn_NY_11207_M31877-19655?f=listhub&s=MLSLINY&m=1005804&c=rexren", "MLSModificationTimestamp":"2026-05-29 09:05:41", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2068, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/29/2026 9:13:59 AM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Morris Zarifpoor, Keystone Realty USA Corp, morris@ksrealtyny.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.