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635 E 38th Street, 
Brooklyn, NY 11203

$1,550,000

8

Beds

3

Baths

2,523

Sq Ft

Multi-Family

Coming Soon

Listed by

George Ockovic

Yourhomesold Guaranteed Realty

Last updated:

October 21, 2026, 10:43 PM

MLS#

1065148

Source:

OneKey MLS

About This Home

635 E 38th Street

Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.

Home Facts

Multi-Family

3 Baths

8 Bedrooms

Built in 1920

Price Summary

1,550,000

$614 per Sq. Ft.

MLS #:

1065148

Last Updated:

October 21, 2026, 10:43 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Structure

Structure

Building Area:

2,523 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

5,000

Finances & Disclosures

Finances

Price:

$1,550,000

Price per Sq. Ft:

$614 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.