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WEB ID: 92352658

297 Pennsylvania Avenue East New York, Brooklyn, NY 11207

East New York, Brooklyn, NY 11207

for sale | TOWNHOUSE | Built in 1910

8 beds
3 baths
2850 Approx. Sqft
$1,100,000 USD

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WEB ID: 92352658

297 Pennsylvania Avenue East New York, Brooklyn, NY 11207

East New York, Brooklyn, NY 11207

for sale | TOWNHOUSE | Built in 1910

8 beds
3 baths
2850 Approx. Sqft
$1,100,000 USD

The Details

About 297 Pennsylvania Avenue, East New York, Brooklyn, NY 11207

INCOME Basement 2Bedrooms $1550 1st FL 2bedrooms $2500 2nd FL 4bedrooms $2800 TOTAL $6800 ANNUAL $81600 EXPENSES /ANNUAL Taxes $3000 Insurance $3000 Water $3500 Gas $3000 TOTAL $12500 NOI $69,100 7% CAP RATE
Listing Courtesy of Compass, RLS RPeXchange:RLS11021278, RLS data displayed by Corcoran Group
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East New York

Founded in the 1650s as the Town of New Lots, today’s East New York was annexed by the City of Brooklyn in 1886 before becoming part of New York City in 1898. You'd be correct if you guessed that East New York got its name because of its location — found farther east than any other neighborhood in Brooklyn. A merchant named John Pitkin wanted to signify the area as the eastern end of New York City, with the idea that it would rival and perhaps surpass Manhattan, and the name has stuck. While Pitkin’s plans never came to fruition in his time, the modern East New York is revitalization embodied, unconcerned with whatever is happening on the NYC “mainland.” Various new developments continue to grow, pointing the way forward for East New York’s future.

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about the building

297 Pennsylvania Avenue

Townhouse in East New York

  • 3 UNITS
  • 3 STORIES
  • 1910 BUILT
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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.
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. Images may be digitally enhanced photos, virtually staged photos, artists' renderings of future conditions, or otherwise modified, and therefore may not necessarily reflect actual site conditions. Accordingly, interested parties must confirm actual site conditions for themselves, in person.