---
title: "408 East 29th Street, New York City, NY 11226"
description: "408 East 29th Street, New York City, NY 11226 — Multi Family Home in Flatbush, Brooklyn, NY. Listing Price $1,499,000. 10 bed, 4 bath, 3,998 sqft Illustrative Buyer Commission Share of $22,485 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/408-east-29th-street-ny-11226"
source: "Real Estate Rebate Team"
status: "Active"
---

# 408 East 29th Street, New York City, NY 11226

Multi Family Home in Flatbush, Brooklyn, NY

Courtesy of Serhant

## At a Glance

- **Listing Price**: $1,499,000
- **Beds**: 10
- **Baths**: 4
- **Sqft**: 3,998
- **Monthly Taxes**: $591 / mo
- **Price per Sqft**: $375
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,499,000
- **Illustrative Buyer Commission Share**: -$22,485*
- **Illustrative Net Cost**: $1,476,515

*Illustrative Buyer Savings of $22,485 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![408 East 29th Street, New York City, NY 11226 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bbbd0b00-4083-424c-9f0e-faae450d98b9.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4cd11ab8-da9d-46b7-870d-88d11cd71ad1.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ef1bdbd-4f6a-4891-b24d-a52fabb9584b.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/522f0e90-fcbb-433c-b986-bed00d6fce90.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/59ca2f3e-9f3e-4576-a69f-a2a2eb3e0643.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f54107c-f493-4345-a58a-1e79a597a908.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e343b041-08d7-400d-9890-80cebcc34a24.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/58f718e0-0414-494a-a097-71b515694811.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/702d9c3d-3d14-4164-b5aa-192359e7a08a.jpg)
![408 East 29th Street, New York City, NY 11226 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ec42c59b-530f-48e1-86a9-2e2df5bf3c2a.jpg)

## Property Overview

All showings by appointment only

 Built in 1910, this prewar turn key four story, four-family home is a proven earner for Investors or opportunity for a savvy homeowner to live rent free while your tenants pay down your mortgage. The owner's duplex (delivered vacant) has three bedrooms, fully finished 1,000 sq foot basement with washer and dryer hookups and a private back yard. The remaining three units include a one-bedroom, a two-bedroom, and a top-floor four-bedroom apartment.

 Quick commute into downtown Brooklyn or Lower Manhattan, Flatbush is a culturally rich and rapidly modernizing neighborhood. The Newkirk 2/5 train stop is at end of block. Bordering Ditmas Park to the West and Prospect Lefferts Gardens to the North. Walk to the freshly restored Kings Theater, a cultural hub of modern Brooklyn. The newly opened Shirley Chisholm Recreation Center located in the Nostrand Park and Playground is just a couple blocks away, offering a variety of afterschool programming. For $13/month Flatbush residents get access to indoor swimming pool, weight lifting / cardio gym, dance and yoga studio, indoor basketball, walking track, media lab, teaching kitchen and much more.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 10
- **Baths**: 4
- **Rooms**: 18
- **Sqft**: 3,998 sqft
- **Stories**: 1
- **Year Built**: 1910
- **Price per Sqft**: $375
- **Monthly Taxes**: $591 / mo
- **Listed On**: Jan 9, 2026
- **Days on Market**: 243 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Private Outdoor Space Over 60 Sqft
- Smoke Free
- Washer Dryer Allowed

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Flatbush is $1,024,500, based on 8 sales between December 2021 and June 2026. This home is asking $1,499,000, $474,500 above that median. The middle half of those sales closed between $930,000 and $1,283,750.

- **Median closed price**: $1,024,500
- **Middle half**: $930,000 – $1,283,750
- **Based on**: 8 house sales in Flatbush
- **Period**: December 2021 – June 2026
- **Median $/ft²**: $506/ft²

Across the 5 of these sales with a published asking price, the median closed at 100.7% of what it originally asked. 0% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Flatbush. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 100.7% of the original ask
- **Closed below ask**: 0% of 5 sales
- **Listed → in contract**: 24 days (about 3 weeks)
- **In contract → closed**: 66 days (about 9 weeks)

Across the 5 of these sales with a published asking price, the median closed at 100.7% of what it originally asked. 0% of them closed below the original ask.

Half of these homes were in contract within 24 days (about 3 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 66 days (about 9 weeks), based on the 6 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 8 house sales in Flatbush, December 2021 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 408 East 29TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/408-east-29th-street)

## Price and Property History for 408 East 29TH Street

Review the recorded listing activity for 408 East 29TH Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,000, or 11.8%, on June 18, 2026
- **Originally listed**: January 9, 2026 at $1,799,000
- **Current asking price**: $1,499,000
- **Entered contract**: July 24, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 24, 2026 | $1,499,000 | Entered contract |
| June 18, 2026 | $1,499,000 | Returned to the market |
| June 18, 2026 | $1,499,000 | Asking price reduced by $200,000, or 11.8% |
| January 9, 2026 | $1,799,000 | Listed for sale by Serhant |

## Property Tax History

Taxes at 408 East 29th Street were $7,692 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $303,300 | $36,000 | $267,300 | $61,534 | $7,692 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $252,900 | $36,000 | $216,900 | $56,979 | $7,122 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $210,600 | $36,000 | $174,600 | $56,978 | $7,122 | 12.5% |
| 2023 (FY 2023/24) | $175,500 | $36,000 | $139,500 | $55,208 | $6,902 | 12.502% |
| 2022 (FY 2022/23) | $208,350 | $36,000 | $172,350 | $51,120 | $6,271 | 12.267% |
| 2021 (FY 2021/22) | $189,900 | $36,000 | $153,900 | $47,334 | $5,791 | 12.235% |
| 2020 (FY 2020/21) | $208,350 | $36,000 | $172,350 | $43,830 | $5,377 | 12.267% |
| 2019 (FY 2019/20) | $241,920 | $36,000 | $205,920 | $43,829 | $5,467 | 12.473% |
| 2018 (FY 2018/19) | $42,468 | — | — | $42,468 | $5,356 | 12.612% |
| 2017 (FY 2017/18) | $39,323 | — | — | $39,323 | $5,001 | 12.719% |
| 2016 (FY 2016/17) | $36,411 | — | — | $36,411 | $4,694 | 12.892% |
| 2015 (FY 2015/16) | $33,715 | — | — | $33,715 | $4,344 | 12.883% |
| 2014 (FY 2014/15) | $33,715 | — | — | $33,715 | $4,334 | 12.855% |
| 2013 (FY 2013/14) | $32,668 | — | — | $32,668 | $4,294 | 13.145% |
| 2012 (FY 2012/13) | $30,249 | — | — | $30,249 | $3,987 | 13.181% |
| 2011 (FY 2011/12) | $28,009 | — | — | $28,009 | $3,762 | 13.433% |
| 2010 (FY 2010/11) | $25,935 | — | — | $25,935 | $3,463 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3052150012. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 408 East 29th Street

Flatbush · Multi Family

408 East 29th Street, Brooklyn, NY 11226

A building in Flatbush, currently featuring 1 active listing.

- **Year Built**: 1910
- **Total Units**: 1
- **Floors**: 1

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/408-east-29th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/408-east-29th-street-ny-11226) | 10 | 4 | 3,998 sqft | $375 | $1,499,000 (-11.8%) | Serhant | Jan 9, 2026 | 242 days |

## Estimated Monthly Payment

**$8,171 / month**, assuming a 20% down payment ($299,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,580
- **Property Taxes**: $591

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Flatbush

Overview of Flatbush

[Explore Flatbush](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Flatbush

- [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington)
- [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace)
- [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush)
- [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood)
- [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park)

## Related Links

- [408 East 29TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/408-east-29th-street)
- [Flatbush neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.