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Street View
$1,550,000
Monthly Est:$7,715
8 Beds
3 Baths3 full baths
2,523sqft
635 E 38th Street, New York, NY 11203
$1,550,000
$7,715/moEst:
Get Pre-Approved
Triplex
Built in 1920
$-- HOA
5,000 sqft lot
$614/sq.ft
Description
Investment Opportunity – Vacant R4 Three-Family on Oversized Lot
Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units.
The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value.
Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.
- Houzeo last checked: 12 hours ago
- Listing updated: October 23, 2026 at 4:31 am
- Listing Provided by: George Ockovic (518) 441-8786 | YourHomeSold Guaranteed Realty (718) 684-2400
- Source: OneKey MLS-NY | MLS#: 1065148
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
2,523 sqft
Lot Size
5,000 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1065148
MLS Status
Active
Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Interior
Cooling
None
Sewer
Public Sewer
Heating
Natural Gas
Interior Features
First Floor Bedroom, First Floor Full Bath
Construction
Year Built
Year Built: 1920
Home type
Triplex
Construction Materials
Vinyl Siding
Utilities & Energy
Basement
Finished, See Remarks, Walk Out Access
Water Source
Public
Parking Features
Driveway, Garage
Utilities
Cable Available, Electricity Connected, Natural Gas Connected
Other Features
Lot Features
Back Yard
Tenant Pays
Electricity
Patio And Porch Features
Covered, Porch
Price History
| Date | Event | Price |
|---|---|---|
10/23/2026 Source: | Listed for Sale | $1,550,000 $614/sqft |
10/21/2026 Source: | Coming Soon | $1,550,000 $614/sqft |
East Flatbush Ranks #124 in New York, NY
Homes
Rental Prices
Median Home Price
Getting Around 635 E 38th Street
Bike Score®
Bikeable
59/100
Walk Score®
Very Walkable
74/100
Transit Score®
Rider's Paradise
95/100
Data provided by Redfin
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Based on information from OneKey MLS, through Oct 23, 2026, 01:32PM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 OneKey® MLS. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
