5007 Surf Avenue
About This Property
Step into your personal oasis: the backyard is a dream come true, thoughtfully designed with distinct zones for relaxation and entertainment. Start your day on the wood deck just outside the rear sliding doors, savor a quiet moment in the patio/garden area with its handy storage house & shed, gather around the cozy fire pit, or tend to your plants in the enclosed garden. At the far end, a massive above-ground pool surrounded by decking promises endless summer fun.
Inside, charm and functionality blend seamlessly. The inviting front porch leads to a warm and welcoming living room, complete with a working fireplace-perfect for cozy evenings. The first floor also boasts a formal dining room, a sitting room, a fully equipped kitchen, and a convenient half bath.
Upstairs on the second floor, you'll find three generously sized bedrooms, each with ample closet space, a full bathroom, and a dedicated laundry room with a linen closet. The third floor adds even more versatility with a bonus attic room and extra storage.
The immaculate basement offers a clean, open space with rear access to the backyard, giving you even more options for storage or recreation. And when it comes to parking, you'll never have to worry, thanks to the full driveway and detached garage.
Living in Seagate means enjoying a tranquil beachfront lifestyle while staying effortlessly connected to the city. The X28/X38 express buses on Neptune Avenue and nearby D, F, Q, and N subway lines make commuting to Midtown Manhattan a breeze. With annual taxes of just $6,771 and modest Seagate Association dues of $4,989, this home offers exceptional value in one of Brooklyn's most distinctive and desirable neighborhoods.
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Price Increased |
$1,498,000
↑ $300K
(25%) | |
| Price Increased | |||
| May 13, 2026 | Listed by Compass | $1,198,000 | |
| Listed by Compass | |||
| May 2, 2026 | Listed by Compass | $1,598,000 | |
| Listed by Compass | |||
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Discover the ultimate backyard retreat in Brooklyn’s exclusive gated beachfront community of Seagate!
This enchanting two-family, fully detached home—currently used as a single-family residence—offers three floors of spacious living on an expansive 51’ x 178’ lot (a rare 8,768 square feet!) with a private driveway and detached garage.
Step into your personal oasis: the backyard is a dream come true, thoughtfully designed with distinct zones for relaxation and entertainment. Start your day on the wood deck just outside the rear sliding doors, savor a quiet moment in the patio/garden area with its handy storage house & shed, gather around the cozy fire pit, or tend to your plants in the enclosed garden. At the far end, a massive above-ground pool surrounded by decking promises endless summer fun.
Inside, charm and functionality blend seamlessly. The inviting front porch leads to a warm and welcoming living room, complete with a working fireplace—perfect for cozy evenings. The first floor also boasts a formal dining room, a sitting room, a fully equipped kitchen, and a convenient half bath.
Upstairs on the second floor, you’ll find three generously sized bedrooms, each with ample closet space, a full bathroom, and a dedicated laundry room with a linen closet. The third floor adds even more versatility with a bonus attic room and extra storage.
The immaculate basement offers a clean, open space with rear access to the backyard, giving you even more options for storage or recreation. And when it comes to parking, you’ll never have to worry, thanks to the full driveway and detached garage.
Living in Seagate means enjoying a tranquil beachfront lifestyle while staying effortlessly connected to the city. The X28/X38 express buses on Neptune Avenue and nearby D, F, Q, and N subway lines make commuting to Midtown Manhattan a breeze. With annual taxes of just $6,771 and modest Seagate Association dues of $4,989, this home offers exceptional value in one of Brooklyn’s most distinctive and desirable neighborhoods.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017