1258 East 98TH Street, New York City, NY 11236
Listing Courtesy of Brooklyn Real Property Inc
$600,000
Potential Rebate: $9,000
Overview
<p> Canarsie - East 98th Street All-Brick Legal 2-Family Ranch BRP Exclusive!</p> <p> Investor or end-user alert! Rare find - All-brick legal 2-family ranch in the heart of Canarsie. Built in 1960, this spacious layout offers excellent upside and long-term value.</p> <p> Layout:</p> <p> Top Floor: 4.5 rooms - 2 bedrooms</p> <p> Walk-in Unit: 3.5 rooms - 1 bedroom</p> <p> Full finished accessory basement with interior entrance</p> <p> Property Features:</p> <p> Private driveway and built-in garage</p> <p> Private backyard plus front & rear patios</p> <p> Lot size: 20 ft x 115 ft</p> <p> Building size: 20 ft x 45 ft</p> <p> Estate Sale - Must Be Sold with Occupant In Place (Legal Holdover)</p> <p> Sold As-Is - Buyer must assume current occupant.</p> <p> Tremendous Upside! A similar property on the block recently sold for $850,000. Once vacant, this property offers instant equity and value-add potential.</p> <p> Priced to sell - Will NOT last at this price!</p> <p> BRP Exclusive - No Co-Broke! Canarsie East 98 Street All Brick legal ranch 4.5 (2 bed) over 3.5 (1 bed) large room built in 1960 with full finished accessory basement! Interior entrance, private drive and garage and private backyard on 20 x 115 lot! Building size 20 x 45! Front & back patio! Estate Sale- Will NOT last at this price!!!! Must buy occupant - As Is! In legal hold over. Similar property in block sold for $ 850,000.00 once tenant is out - huge price increase- Buy today with EQUITY! BRP Exclusive no cobroke!!</p>
Home Features
- •In Unit
- •Assigned
- •Garage
- •Smoke Free
Building Amenities
- •Assigned
- •Garage
Estimated Monthly Payment
$3,406 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$9,000
Monthly savings impact
$25/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brooklyn Real Property Inc
Data Source: TRESTLE #RLS20039699
Price Analysis
Compare average listing prices and value metrics for 1258 East 98TH Street against the surrounding Canarsie market.
Average List Price
Price Per SqFt
27.18% Lower
than the Canarsie price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Canarsie
Overview of Canarsie
Canarsie is a waterfront community with a Caribbean beat. Located on Jamaica Bay, it is a neighborhood of homeowners who take pride in their lawns and their history. For buyers seeking Canarsie Brooklyn real estate, it offers affordable detached homes and water access.
Living in Canarsie is vibrant. The pier is a major gathering spot for fishing and concerts. As a Brooklyn NYC neighborhood, it has a strong, distinct identity.
Real Estate & Housing Market
The market for homes for sale in Canarsie includes 1- and 2-family detached and semi-detached homes.
It is one of the most affordable areas for buying a house in Brooklyn.
Lifestyle & Community
The lifestyle in Canarsie is neighborly. Block parties are legendary. The Canarsie Pier is the heart of the summer.
The community is predominantly Afro-Caribbean and African-American.
Transportation & Accessibility
Canarsie is the end of the L train line (Rockaway Pkwy). It sits far east, so the commute is longer, but you always get a seat.
Parks, Schools & Amenities
Canarsie Park spans the waterfront with skate parks and cricket fields.
Amenities: The Gateway Center mall is nearby for big-box shopping.
Who This Neighborhood Is Best For
Canarsie is best for first-time home buyers, fishing enthusiasts, and those seeking community connection.
