$999,000
Updated 10 months ago
Off Market

495 Linwood Street

Cypress Hills, Brooklyn | Pitkin Ave & Belmont Ave

14 Rooms7 Beds3 Baths2,900 Square FeetMulti-Family

$999,000
floors / apts2 / 2
Lot Size20'x100'
Built Size20'x50'
ZoneR5
Building TypeHouse
RE Taxes$3,720
Price Per SF
$344

Property Description for 495 Linwood Street

CALLING ALL INVESTORS - Outstanding Investment Opportunity This classic red brick multi-family home offers exceptional value and immediate upside, located just one block from the C train at Shepherd Avenue and within a half-mile of the J, A, and 3 subway lines—providing fast, easy access to Manhattan and the rest of the city. Currently configured as two spacious rental units, both fully occupied with excellent tenants. The property spans 2,900 square feet and includes seven total bedrooms and three full bathrooms, all within a beautifully maintained Colonial-style brick building. The home features hardwood floors throughout, natural gas steam heating, and excellent light and space. The first-floor apartment spans over ~1,000 square feet and features a charming railroad-style layout with three bedrooms. The large, separate kitchen is equipped with granite countertops, ivory wood cabinetry, a stainless steel refrigerator, and a stove with oven/range. The marble-tiled bathroom and oversized windows flood the unit with natural light, adding to its warmth and appeal. The second-floor apartment is a very spacious ~1000 square foot four-bedroom, one-bathroom home with excellent storage throughout, including a walk-in closet off the primary bedroom. This unit features hardwood flooring, central heating, and a modern open-concept kitchen and living room layout. The kitchen is fitted with stainless steel appliances and generous counter and cabinet space, ideal for comfortable everyday living. Set on a 20' x 100' lot, this fully attached home is perfect for investors seeking reliable income with growth potential, or homeowners looking to live in one unit while earning rental income from the others. In mint condition, this is a turn-key property with long-term value, with DOB-approved plans in place to convert the finished basement (another ~1000 sq ft) into a legal third unit, this property is primed for expansion. All city approvals have been secured, allowing construction to begin right away. Investors only. Units are both currently occupied with tenants on long-term leases.

Listing History for 495 Linwood Street

Now
10/13/2025
TOM by Alex Mahgoub
Compass
08/19/2025
$999,000 [-$71,000] [6.6%]
Price Drop by Alex Mahgoub
Compass

Building Details for 495 Linwood Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Shepherd Av
0.1 miles
Van Siclen Av
0.43 miles
Cleveland St
0.48 miles
New Lots Av
0.5 miles

Contact Agents

Contact Agents

Licensed As
Martin N. Eiden
Broker
License#:
10301206241
Company:
Compass
Licensed As
Malcolm L. Adams
Associate Broker
License#:
10301212117
Company:
Compass
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.
OLR ID: 101033TH