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296 Arlington Avenue, Brooklyn, NY 11208

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Property Description

Welcome to 296 Arlington Avenue, a rare 2-family gem in Cypress Hills, Brooklyn, offering space, income, and exceptional potential under one roof. This well-maintained home features two large 3-bedroom, 1-bath apartments, each with a spacious living/dining room combination and well-kept kitchen-ideal for end-users, investors, and multigenerational occupancy. Generously sized bedrooms and excellent closet space throughout provide the comfort and functionality today's buyers and renters demand. A full basement with two separate outside entrances-one front-facing and one leading directly to the private backyard-adds incredible flexibility for storage, recreation, workspace, or future customization (with any necessary approvals). The oversized, fully private backyard is perfect for entertaining, gardening, or simply enjoying your own outdoor oasis in the city. With its smart layout, ample space, and solid condition, this property is easy to move into, rent out, or thoughtfully upgrade over time to build even more value. This home is an outstanding option for an owner-occupant looking to live in one spacious 3-bedroom unit while generating rental income from the other, or for an investor seeking strong cash-flow potential in a high-demand Brooklyn rental market. It also works beautifully for multigenerational living, allowing extended family to enjoy separate apartments while sharing the basement and backyard. Highland Park is just minutes away, offering additional green space, playgrounds, and recreational amenities that further enhance the lifestyle appeal. With multiple income streams, desirable layouts, and strong tenant appeal, this property checks all the boxes for long-term stability and appreciation. Centrally located near Atlantic Avenue and major routes such as Fulton Street, Jamaica Avenue, and the Jackie Robinson Parkway, 296 Arlington Avenue offers convenient access to Brooklyn, Queens, and Manhattan. The neighborhood is well-served by public transportation, including nearby buses and trains, and is surrounded by essential amenities such as laundromats, supermarkets, restaurants, and local shops. If you are searching for a move-in ready 2-family home with excellent rental potential, a private backyard, flexible basement access, and a prime Brooklyn location, 296 Arlington Avenue is a must-see.

296 Arlington Avenue | MLS# 958204

This multi-family property located at 296 Arlington Avenue, Brooklyn, NY 11208 is currently listed for sale with an asking price of $950,000. Search Brooklyn real estate on hillary-philpott.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco Door(s), Full, Walk-Out Access
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $3,511
Year Built: 1905

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Entrance Foyer
Formal Dining
Granite Counters
High Ceilings
Kitchen Island
Open Floorplan
Open Kitchen
Primary Bathroom
Master Downstairs
Recessed Lighting
Storage
Washer/Dryer Hookup
Courtyard

Feature Descriptions

Building Area Total: 1560
Days on Site: 19
Exterior: Brick
Fencing: Back Yard, Fenced
Flooring: Hardwood, Tile, Wood
Formal Dining: Yes
Heating Units: 2
Heating Zones: 2
Laundry: Common Area, In Basement, Laundry Room, Washer Hookup
On Market Date: 2026-02-19
Parcel Number: 03942-0004
Parking Features: On Street, Open
Patio And Porch: Deck
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public

Estimate Your Payment

Estimated Payment

$ 2,683.95 per month $2,114.29 Principal & Interest $292.58 Property Tax $277.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Property Professionals Realty
Agency Contact: 516-605-2700

Shown By

Agent Name: Hillary Giuda-Philpott
Agent Phone: (607) 435-4238
Agency Title: Timberland Properties

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