Listing Courtesy of Corcoran Group
$970,000
Potential Rebate: $14,550
CONTRACT SIGNED. (East New York, Brooklyn) 402 Van Siclen Avenue is a modern townhouse located on a tree-lined block comprised of two (2) spacious apartments and a fully finished basement. This well-maintained home is move-in ready and offers an excellent opportunity to generate rental income from day one! Whether you're a first-time homebuyer seeking additional rental income to off-set the mortgage, or an investor looking for a turnkey asset, this townhouse delivers flexibility, space, and value in a Brooklyn neighborhood with deep historical roots.<br> <br> The beautifully designed owner's unit is comprised of a lower duplex and a top-floor rental apartment. It blends modern finishes with thoughtful functionality and direct access to the rear yard and basement level (via an internal staircase). Step into the welcoming hallway, highlighted by a custom-painted accent wall and ebony hardwood floors throughout that opens into a spacious, open-concept living and dining area. A sleek corner kitchen features a 4-piece stainless steel (Frigidaire) appliance suite, subway tile backsplash, and ample cabinet space. The layout includes a front-facing bedroom with charming French doors and two additional rear bedrooms - one of which offers direct access to the backyard, perfect for indoor/outdoor living. A bonus office nook provides extra space for working from home or creative projects. The full bathroom is outfitted with mosaic tile flooring, a tub with matching interior tile detail, and elegant floor-to-ceiling subway tiles for a clean, timeless finish. Additional features include energy-efficient split-unit heating and cooling.<br> <br> An internal stairwell leads directly to the fully finished basement, which offers a flexible guest suite layout, ideal for extended stays, private workspace, or additional living space. Located at the rear is a dedicated sleeping area, while the front features a comfortable living and dining space. A separate washer/dryer adds convenience and independence from the main living areas. This thoughtfully designed lower level adds valuable functionality to the home and can easily accommodate a variety of uses.<br> <br> Located on the uppermost level, the spacious three-bedroom apartment offers a comfortable layout, modern finishes, and abundant natural light throughout. With one front-facing bedroom and two rear bedrooms, the space is ideal for flexible living arrangements. Tall ceilings, a skylight and an open floorplan makes the room feel spacious and airy with natural sunlight spilling across the unit. The full bathroom is tastefully finished with mosaic tile flooring, matching interior shower wall tile, a deep soaking tub, a window for natural ventilation, and floor-to-ceiling subway tiles for a clean, modern aesthetic. A corner kitchen provides functionality and flow, with ample counter space and room for customization. <br> <br> PUBLIC TRANSPORTATION:- A/C/3 Trains - Van Siclen Av- B14 Bus - Sutter Av- LIRR - Sutter Ave/Pennsylvania Ave - East New York. NEIGHBORHOOD AMENITIES: Shop Fair of New Lots, City Plaza Meat Supermarket, Super Bright Laundromat, Dollar Tree, Sea Island, Carranza Pizza, Grandbrook Pharmacy, 345 Sheffield Parking, United States Postal Service, UPS Authorized Shipping Outlet, Gateway Plaza Mall, Park / Grace Playground (under construction). <br> <br> ABOUT EAST NEW YORK, BROOKLYN: Founded in the 1825 by John Pitkin as the Town of New Lots, East New York got its name because of its location-found farther east than any other neighborhood in Brooklyn. It shares an eastern border with several Queens neighborhoods and, if you include Cypress Hills in its area, also brushes up against Queens to the north. The boundaries extend south down to Shirley Chisholm State Park and Jamaica Bay.
$5,120 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$14,550
Monthly savings impact
$40/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).
2.5%
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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 Corcoran Group
Data Source: TRESTLE #RLS20049822

Compare average listing prices and value metrics for 402 VAN SICLEN Avenue against the surrounding East New York market.
than the East New York 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.
East New York is a large residential area. For buyers seeking East New York Brooklyn real estate, it offers affordability.
Living in East New York is resilient. As a Brooklyn NYC neighborhood, it is transforming.
Homes for sale in East New York are two-family homes.
The lifestyle is urban.
A/C/J/Z/L trains (hub at Broadway Junction).
Gateway Center shopping.
Value seekers.

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