2,100 Sq. Ft.
$786 / Sq. Ft.
2,100
Sq. Ft.
$786
per Sq. Ft.

Description

Rarely does a true 3-family property become available in the up-and-coming neighborhood of Greenwood Heights, offering spacious living and serene surroundings. Ideal for both end-users and investors, this property currently functions as an income-producing asset with three separate rental units. However, it presents the opportunity to easily convert into an owner's duplex with an income-generating unit on the ground floor.
Situated on a 25x100 lot with an unused FAR of 2,905, this property boasts
...Rarely does a true 3-family property become available in the up-and-coming neighborhood of Greenwood Heights, offering spacious living and serene surroundings. Ideal for both end-users and investors, this property currently functions as an income-producing asset with three separate rental units. However, it presents the opportunity to easily convert into an owner's duplex with an income-generating unit on the ground floor.

Situated on a 25x100 lot with an unused FAR of 2,905, this property boasts recent renovations throughout all units. The current layout includes a 2 bedroom/1 bath unit on the top floor, another 2 bedroom/1 bath unit on the second floor, and a 1 bedroom/1 bath unit on the ground floor. Each unit enjoys access to a well-maintained backyard through a private 5' alley running alongside the house.

With separate mechanicals and grids for each unit, operational costs remain low, and ceiling heights exceed 9' in all units. Additionally, the property utilizes only .84 of its FAR, leaving ample room for expansion, with a maximum FAR of 1.65 for residential use or 2 for commercial use. There's even potential to expand each unit into a 3 bed/2 bath configuration.

Conveniently located just minutes away from transportation options such as the R at 25th Street or the express N and D at 36th Street, as well as Industry City, a prominent manufacturing coworking and retail space in Brooklyn. Residents can also enjoy proximity to Greenwood Park, a popular 13,000-square-foot beer garden with bocce courts and seasonal menus.

Furthermore, the area is undergoing significant development with numerous high-profile condo and commercial projects slated for 4th Avenue and 5th Avenue. Whether you're seeking a promising investment opportunity or more living space, this property is not to be overlooked.



Listing Agents

  1. Melissa Piccolomo

    Melissa Piccolomo

    Alternative Listing Agent

    Compass

  2. Edith Yang

    Edith Yang

    Alternative Listing Agent

    Compass

    edith.yang@compass.com

    P: (347)-702-0203

Amenities

  • Common Garden
  • Hardwood Floors
  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise
  • House
LISTING UPDATED: 09/23/2025 02:52 PM

Property Details for 148 29th Street

StatusPermanently Off Market
Days on Market356
Taxes$466 / month
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1934
Lot Size2,504 SF / 25' x 100'
CountyKings County
Buyer's Agent Compensation2.5%

Building

148 29th St

3 Units3 StoriesBuilt in 1934
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Building Information for 148 29th Street

Stories3Residences3Year Built1934Building Size20' x 35'Building Sq. Ft2,100 SFLot Size2,504 SF / 25' x 100'Building AgePre-warBuilding TypeHouse

Payment Calculator

$8,508 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,042

Property Taxes

$466

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 148 29th Street

DateEvent & SourcePriceAppreciationLink
Sep 23, 2025

Permanently Off Market

Manual

Feb 25, 2025

Contract Signed

Manual

Mar 5, 2024

Listed (Active)

Manual

$1,650,000
Feb 15, 2023

Temporarily Off Market

Manual

Jun 15, 2021

Listed (Active)

Manual

$1,650,000
Jan 13, 2017

Sold

RLS RESO #RLS10084706

$1,100,000
Sep 9, 2016

Sold (Public Record)

ACRIS #2016092100440003

$1,100,000
Jul 14, 2016

Listed (Active)

RLS RESO #RLS10084706

$1,100,000
DateEvent & SourcePrice
09/23/2025

Permanently Off Market

Manual

02/25/2025

Contract Signed

Manual

03/05/2024

Listed (Active)

Manual

$1,650,000
02/15/2023

Temporarily Off Market

Manual

06/15/2021

Listed (Active)

Manual

$1,650,000
01/13/2017

Sold

RLS RESO #RLS10084706

$1,100,000
09/09/2016

Sold (Public Record)

ACRIS #2016092100440003

$1,100,000
07/14/2016

Listed (Active)

RLS RESO #RLS10084706

$1,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 148 29th Street

Taxable ValueLand$16,980Additions$98,040Total$115,020
Home Facts
Total Finished SqFt2,100 SqFtLot Size2,504 SqFtYear Built1934ZoningM12DAPN3006680026

Schools near 148 29th Street

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 172 Beacon School Of Excellence
PublicPK to 5

Is 136 Charles O Dewey
Public6 to 8

Sunset Park High School
Public9 to 12

Sunset Park Prep
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.