---
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 Brick Home in East New York
 
 Discover a rare opportunity to own a beautifully maintained legal two-family brick home that combines comfortable owner occupancy with a well-established income-producing furnished rental operation. Thoughtfully renovated and meticulously maintained, this property offers an excellent opportunity for investors, owner-occupants, or buyers seeking to offset their housing expenses with substantial rental income.
 
 The home features a spacious owner's residence on the ground level, while the upper floors are configured to maximize rental potential with multiple private bedrooms. The current owner has successfully operated the furnished rental business since 2018, maintaining approximately 98% occupancy with a strong history of reliable, long-term professional tenants.
 Significant capital improvements provide peace of mind for the next owner, including a new roof installed in 2021 with solar panels, updated plumbing and electrical systems, a new boiler (2024), and a new central air conditioning system (2025). The property also benefits from a solar tax abatement, helping keep annual property taxes remarkably low.
 
 Additional highlights include:
  Legal two-family brick property Spacious owner's residence plus income-producing rental units Strong rental history with approximately $100,000 in annual gross income Approximately 3,000 square feet of living space Beautiful brick exterior with generous outdoor space Updated major building systems Energy-efficient solar panel system Excellent opportunity for investors or owner-occupants seeking additional income  Whether you're looking for a turnkey investment or a home that generates substantial income, this exceptional Brooklyn property offers flexibility, strong cash flow potential, 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)
- [Calculate your exact cash back 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.