---
title: "354 MONTAUK Avenue, Brooklyn, NY 11208"
description: "354 MONTAUK Avenue, Brooklyn, NY 11208 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,485,000. Est. potential buyer savings up to $37,125 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11208/354-montauk-avenue-ny-11208"
source: "Real Estate Rebate Team"
---

# 354 MONTAUK Avenue, Brooklyn, NY 11208

> **Listing Courtesy of:** Corcoran Group

## Description

Exceptional Income-Producing Two-Family Home in East New York
 
 A unique opportunity to  live, earn, and invest in a beautifully maintained legal two-family brick home with an established furnished rental operation.
 
 Offering approximately  3,000 square feet of living space, the property combines a spacious owner-occupied garden level with income-producing upper floors configured with multiple private bedrooms. Since 2018, the current owner has successfully operated the furnished rental business with approximately  98% occupancy and a strong history of long-term professional tenants. The established rental performance provides immediate income potential, with additional upside for the next owner. Detailed financials, including historical and projected income, are available upon request.
 
 The property has also benefited from substantial capital improvements, including a  new roof with solar panels (2021), updated plumbing and electrical systems, a new boiler (2024), and new central heating and air conditioning (2025). A solar tax abatement further contributes to remarkably low annual property taxes.
 
 Additional Highlights  Legal two-family brick home Approx.  3,000 SF of living space Owner-occupied garden level with additional income potential Established furnished rental operation with approx.  98% occupancy Private backyard Extensive recent capital improvements Energy-efficient solar panel system with tax abatement Ideal for investors or owner-occupants seeking to offset carrying costs with rental income  Whether you're seeking a  turnkey income-producing investment or a home where rental income can help offset the cost of ownership,  354 Montauk Avenue offers a compelling combination of flexibility, established income, and long-term value.

## Property Details

- **Price**: $1,485,000
- **Potential Buyer Rebate**: $37,125
- **Bedrooms**: 8
- **Bathrooms**: 3
- **Living Area**: 3,000 sqft
- **Property Type**: Residential
- **Year Built**: 1901
- **Building**: 354 MONTAUK Avenue
- **Neighbourhood**: East New York
- **Area / Borough**: Brooklyn
- **Subdivision**: East New York
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$37,125** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/354-montauk-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/east-new-york)
- [Estimate your Buyer Commission Share and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.