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Deals›Brooklyn›Carroll Gardens

137 NELSON STREET · #8FAM

Carroll Gardens· built 1931openSales listingBBL 3003770058
$5,500,000
$917 / ft² · 8 bd · 8 ba · 6,000 ft²
score 12.6 · rich
Open listing source
Price
$5.50M
$/ft²
$917
Days on market
73
Monthly taxes
$2,515
Common charges
-
Maintenance
$0

Description

Looking for your next prime investment with minimal headache? A rare opportunity to acquire a fully renovated original brick, 8-unit free-market asset in one of Brooklyn’s most desirable neighborhoods. 137 Nelson St underwent a full gut renovation to condo-level specifications and has since been held as a rental with professional management and excellent tenant retention. Each unit features modern finishes, stainless steel appliances, in-unit laundry, and efficient layouts designed for long-term rental performance. With extremely low maintenance and real estate taxes compared to similar investment assets, the property delivers robust in-place cash flow with upside through pro forma rent adjustments as leases roll over in 2026. Located in a high-demand submarket with consistent rental velocity, this offering is ideal for investors seeking a low-risk, high-yield asset with long-term appreciation potential. Bonus depreciation and accelerated cost recovery strategies further enhance after-tax returns for qualified buyers (consult CPA) Contact me for a full property set up

Price history

Every list / cut / contract / sold event we've recorded.

  1. price decreaseJun 5, 2026
    $5.50M-11.2%
    Price decreased 11%
  2. listedApr 13, 2026
    $6.20M
    Listed by FIND Real Estate

In-building transactions

Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.

full building →
No transactions recorded for this BBL yet.

Open violations + recent permits

DOB / HPD signals for this BBL.

Open HPD violations (15)
  • A
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
    Apr 11, 2024
  • A
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
    Mar 24, 2023
  • I
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Nov 14, 2022
  • A
    § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES ABOVE FLOOR MISSING AT PUBLIC HALL, 1st STORY
    Sep 14, 2022
  • A
    § 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISSING AT PUBLIC HALL, 1st STORY
    Sep 14, 2022
  • C
    § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE AT VESTIBULE DOOR AT PUBLIC HALL, 1st STORY
    Sep 14, 2022
  • A
    § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING. AT PUBLIC HALL, 1st STORY
    Sep 14, 2022
  • A
    § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCYS HOUSING INFORMATION GUIDE. A SAMPLE NOTICE CAN BE FOUND AT WWW.NYC.GOV/HPD. AT PUBLIC HALL, 1st STORY
    Sep 14, 2022
  • A
    § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MULTIPLE DWELLING NEAR INSPECTION CERTIFICATE OR PROVIDE NOTICE TO TENANTS IN A PRIVATE DWELLING.
    Sep 14, 2022
  • A
    § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLLOWED WHEN A GAS LEAK IS SUSPECTED
    Sep 14, 2022
  • A
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
    Mar 1, 2022
  • I
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Apr 12, 2021
  • A
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
    Apr 12, 2021
  • I
    SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Oct 13, 2015
  • I
    SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Feb 23, 2015
Recent DOB permits (12)
  • MHApr 2, 2015
    RECORD 13 CONSTRUCTION CO
  • EQJul 22, 2010
    P.J.B. CONTRACTING CORP
  • EQ-
    ADVENTURE MASONRY CORP
  • EQ-
    EXPERT ENTERPRISES INC
  • EQ-
    P.J.B. CONTRACTING CORP
  • EQ-
    RECORD 13 CONSTRUCTION CO
  • MH-
    RECORD 13 CONSTRUCTION CO
  • OT-
    RECORD 13 CONSTRUCTION CO