1258 East 98th Street, New York City, NY 11236
The Private Brokerage Advantage
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From $600,000 on
Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Canarsie - East 98th Street All-Brick Legal 2-Family Ranch BRP Exclusive!
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.
Layout:
Top Floor: 4.5 rooms - 2 bedrooms
Walk-in Unit: 3.5 rooms - 1 bedroom
Full finished accessory basement with interior entrance
Property Features:
Private driveway and built-in garage
Private backyard plus front & rear patios
Lot size: 20 ft x 115 ft
Buildin...
Property Details
Residence Features
Building Amenities
Estimated Monthly Payment
Estimates only. Actual payments may vary. Confirm terms with your lender.
Sales and market data
How this price compares
- This home
- $500,000
- Median sold price
- $700,000
- Difference
- -$200,000 (-28.6%)
- This home, $/ft²
- $556
- Median $/ft²
- $549
- Comparable sales
- 7
- Sales from
- Apr 2022 – Aug 2026
Based on house sales in Canarsie.
More market data
- Middle half of those sales
- $663,250 – $1,015,000
A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Canarsie. Apartment sales are excluded from it entirely.
How these sales were negotiated
- Sale-to-list price
- 100%
- Sold below asking
- 40%
- Typical time to find a buyer
- 59 days
- Typical time to close
- 78 days
Based on house sales in Canarsie with the required listing and closing data. Sample sizes vary by metric.
Sales data through August 2026.
Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.
Price and Property History for 1258 East 98TH Street
Review the recorded listing activity for 1258 East 98TH Street, including asking-price changes and prior market dates.
- Latest price change
- Reduced by $100,000, or 16.7%, on June 3, 2026
- Originally listed
- July 29, 2025 at $600,000
- Current asking price
- $500,000
| Date | Price | Listing event |
|---|---|---|
| $500,000 | Asking price reduced by $100,000, or 16.7% | |
| $600,000 | Listed for sale by Brooklyn Real Property Inc |
Property Tax History
Taxes at 1258 East 98th Street were $5,610 in 2026, up 6.0% from 2025.
| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $33,900 | $8,340 | $25,560 | $27,933 | $5,610 | 20.085%Estimated |
| 2025FY 2025/26 | $38,940 | $8,340 | $30,600 | $26,352 | $5,293 | 20.085%Estimated |
| 2024FY 2024/25 | $38,220 | $8,340 | $29,880 | $26,352 | $5,293 | 20.085% |
| 2023FY 2023/24 | $38,700 | $8,340 | $30,360 | $26,153 | $5,253 | 20.085% |
| 2022FY 2022/23 | $30,900 | $8,340 | $22,560 | $24,673 | $5,011 | 20.309% |
| 2021FY 2021/22 | $31,200 | $8,340 | $22,860 | $23,278 | $3,785 | 19.963% |
| 2020FY 2020/21 | $26,100 | $8,340 | $17,760 | $21,960 | $3,719 | 21.045% |
| 2019FY 2019/20 | $28,860 | $8,340 | $20,520 | $21,960 | $3,742 | 21.167% |
| 2018FY 2018/19 | $21,794 | Not published | Not published | $21,794 | $4,559 | 20.919% |
| 2017FY 2017/18 | $20,561 | Not published | Not published | $20,561 | $4,191 | 20.385% |
| 2016FY 2016/17 | $19,398 | Not published | Not published | $19,398 | $3,878 | 19.991% |
| 2015FY 2015/16 | $18,300 | Not published | Not published | $18,300 | $3,578 | 19.554% |
| 2014FY 2014/15 | $18,300 | Not published | Not published | $18,300 | $3,506 | 19.157% |
| 2013FY 2013/14 | $18,300 | Not published | Not published | $18,300 | $3,512 | 19.191% |
| 2012FY 2012/13 | $20,182 | Not published | Not published | $20,182 | $3,748 | 18.569% |
| 2011FY 2011/12 | $20,182 | Not published | Not published | $20,182 | $3,674 | 18.205% |
| 2010FY 2010/11 | $20,028 | Not published | Not published | $20,028 | $3,478 | 17.364% |
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 3082240064. 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.
About The Building
1258 East 98th Street
1258 East 98TH Street, Brooklyn, NY 11236
A building in Canarsie, currently featuring 1 active listing.
Interested in 1258 East 98th Street?
Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.
Available Residences
| N/A | 3 | 3 | 900 sqft | $556 | $500,000(-16.7%) | Jul 29, 2025 | 415 days |
In the Neighborhood
Nearby Schools
* Distances are approximate line-of-sight metrics.
Map
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.
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.