38 Stoddard Place, Brooklyn, NY 11225

Property Description

Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot. Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation. The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout. The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability. This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights’ continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside. Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn. A true fixer-upper with significant potential in one of Brooklyn’s most desirable neighborhoods.