12
Map
358 Van Siclen Avenue
About This Property
The property is totally vacant, offering immediate flexibility for its next owner. It features two full residential units, each providing ample living space. The first and second floors each contain a spacious three-bedroom apartment, designed with functional layouts and great natural light. The fully finished basement offers additional useable space, increasing the home's usability and overall value.
Located in a well-connected section of East New York, this home is within close proximity to public transportation, making commuting simple and efficient. The Van Siclen Avenue station, serving the C train, is just a short distance away, while the J, Z, and 3 trains are also nearby, ensuring easy access to Manhattan, Downtown Brooklyn, and surrounding areas. Multiple bus routes serve the neighborhood, adding further convenience.
The area is seeing major investment and redevelopment, with ongoing improvements in infrastructure, housing, and commercial spaces. Just minutes away, Gateway Center Mall offers a variety of retail stores, grocery options, and dining establishments, making everyday essentials easily accessible. The neighborhood also features local businesses, parks, and schools, adding to its appeal for renters and homeowners alike.
With R6 zoning, the property also presents potential for future redevelopment, making it a strong long-term investment in one of Brooklyn's fastest-growing neighborhoods. Whether for rental income, owner-occupancy, or future expansion, this two-family home is a rare find in an evolving and dynamic community.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Relisted | $899,000 | |
| Relisted | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 27, 2025 | Relisted | $899,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017