562 KINGSTON AVENUE

This well-maintained three-family property presents a rare opportunity to own a versatile income-producing asset in one of Brooklyn’s strongest and most established neighborhoods. Built in 2005, the building offers a modern structure with solid fundamentals, generous layouts. The first floor has been recently renovated and, along with the fully finished lower level, creates a spacious owner’s duplex featuring approximately four bedrooms and three full bathrooms. The lower level adds significant usable space with additional bedrooms and a full bath, and provides direct access to a massive private backyard. This outdoor space is accessible from both the ground level and the lower level, offering a seamless indoor-outdoor flow that is highly desirable for end users. The second floor consists of a large two-bedroom, two-bathroom layout, originally configured as a three-bedroom and easily convertible back if desired. The third floor is a well-proportioned three-bedroom, two-bathroom unit. Both upper units feature balconies, adding additional outdoor exposure and value. Overall, the property offers approximately nine bedrooms and seven bathrooms when including the lower level, providing strong rental income potential and flexible living configurations. The building sits on an approximately 19.5 ft by 94.5 ft lot, with an estimated building depth in the range of roughly 56 to 60 feet. Total interior square footage is estimated to be approximately 3,600+ square feet above grade, with additional finished space on the lower level, A key highlight of the property is that all utilities are fully separate. Each unit has its own gas and electric meters, as well as independent heating and hot water systems, allowing tenants to pay their own utilities and significantly reducing owner expenses. All units are equipped with dishwashers and have laundry hookups in place, adding to tenant convenience and overall rental appeal. Currently fully occupied with paying tenants, the property demonstrates strong income stability while still offering the option to be delivered vacant. Whether you are an investor seeking reliable cash flow or an end user looking to live in one unit while offsetting expenses with rental income, this property offers a compelling combination of condition, layout, and long-term upside.

1. price increaseMay 18, 2026

   $2.20M+10.0%
   Price increased 5400%
2. price decreaseMay 18, 2026

   $40K-98.2%
   Price decreased 98%
3. listedMay 4, 2026

   $2.00M
   Listed by Signature Property Realty