677 38th Street
About this property
Attention Investors & Savvy Buyers! Don't miss this incredible opportunity in the heart of East Flatbush. This solid brick 2-unit duplex offers a flexible layout and immense potential for value-add. The property features a clean exterior façade on a residential street. The main level boasts a spacious living room and eat-in kitchen, while the second floor provides two bedrooms and a full bath. A versatile lower level includes an additional bedroom and galley kitchen that can be rented for additional. Located near major highway access and ground-breaking local developments, this home is perfectly positioned for future growth.
Listing details
- Property Type
- Residential Income
- Sub-Type
- Duplex
- Year Built
- 1940
- County
- Kings (Brooklyn)
- MLS #
- KEY961674
- Status
- Active
Street view & aerial
Imagery © Google. Street View and satellite data may not reflect current property condition.
FMR for Brooklyn, NY 11210
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11210
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| StudioSubject | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 Bedroom | $3,324 | $39,888 |
| 4 Bedroom | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
Mortgage calculator
Principal & interest plus taxes, insurance, and HOA. Edit any field below.
Estimate only — actual payment depends on credit, loan program, escrow, PMI/MIP, and lender fees. Not a loan offer or commitment.
Where this property sits in the foreclosure process
New York is a judicial-foreclosure state. The full process typically runs 2.5–4+ years from first missed payment to recorded deed.
- Day 0 – Day 90Pre-foreclosure (RPAPL §1304 notice)
Lender sends the 90-day pre-foreclosure notice required by NY RPAPL §1304. Homeowners may request a workout, modification, or short sale during this window.
- Month 4 – Month 6Lis pendens & summons filed
Lender files a lis pendens and complaint in Nassau or Suffolk Supreme Court. Homeowner has 20–30 days to answer (or 60 if served outside NY).
- Month 6 – Month 18+Mandatory CPLR §3408 settlement conference
NY requires a settlement conference where various resolution paths — such as a repayment plan, deed in lieu, or short sale — may be discussed.
- Month 18 – Month 36+Judgment of foreclosure & sale
If unresolved, the court issues a Judgment of Foreclosure and Sale. A referee is appointed and an auction date is set (usually 60–90 days out).
- Month 24 – Month 48+Auction & post-sale eviction
Property is auctioned on the courthouse steps. After the deed transfers, the new owner must commence a separate RPAPL Article 7 holdover proceeding to recover possession.
Ask a question about this home
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Questions about this listing
Is 677 38th Street in Brooklyn still available?
Inventory changes daily. 677 38th Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 08/12/2026, 03:04 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 OneKey® MLS / MLS GRID. Equal Housing Opportunity.