7 bed, 8 bath bank-owned foreclosure at 360 3rd Street, Brooklyn, NY — Kings (Brooklyn) County Long Island photo 1 of 17
    7 bed, 8 bath bank-owned foreclosure at 360 3rd Street, Brooklyn, NY — Kings (Brooklyn) County Long Island photo 2 of 17
    7 bed, 8 bath bank-owned foreclosure at 360 3rd Street, Brooklyn, NY — Kings (Brooklyn) County Long Island photo 3 of 17
    +10
    Active
    Brooklyn, NY 11211
    Township: New YorkPostalCity: Brooklyn

    360 3rd Street

    7 bd
    8 ba
    Built 2000
    190 DOM
    MLS KEY978567
    $3,580,000

    About this property

    This is the one you’ve been waiting for — a stunning, legal three-family brick townhouse in the heart of Williamsburg that delivers incredible versatility, income potential, and lifestyle appeal all in one exceptional package. Built in 2000 and thoughtfully renovated and expanded in 2011, this modern masterpiece now spans an impressive 4,960 square feet. An upward extension added approximately 1,200 sq ft, creating a truly spacious and flexible property with outstanding long-term value. Prime Location & Lifestyle Located in Brooklyn’s premier arts-and-culture neighborhood, this home sits just three blocks from the Hewes Street M & J trains, three blocks from the Williamsburg Bridge, and seven blocks from the Lorimer Street L train. You’re surrounded by striking new construction, historic pre-war buildings, world-class dining, galleries, and everything that makes Williamsburg the most desirable neighborhood in Brooklyn. Exceptional Layout & Features: First Floor: Spacious two-bedroom, two-bathroom apartment with a huge living room and open kitchen Second Floor: Equally impressive two-bedroom, two-bathroom apartment with a huge living room and open kitchen, plus a private balcony Third & Fourth Floor Duplex: Luxurious three-bedroom, four-bathroom duplex with expansive living spaces and a private balcony Shared Rooftop: Accessed via a common hallway — perfect for entertaining, relaxing, or enjoying sweeping neighborhood views Gated Private Driveway: Rare off-street parking for up to three vehicles Fully Finished Basement: Ideal for storage, gym, home office, or additional accessory use With private balconies, generous room sizes, and thoughtful modern finishes throughout, this legal three-family home offers the perfect balance of owner-occupied living, rental income potential, or both. This is a rare chance to own a modern, income-producing property with private parking in one of New York City’s hottest markets. Properties like this do not come along often — and they never stay on the market for long. Don’t miss this extraordinary opportunity in Williamsburg. *Please note that the pictures show staged photos with virtual furniture and some extra light fixtures. Ask me for a link to a virtual tour to see 100% actual pictures.

    Listing details

    Property Type
    Residential Income
    Sub-Type
    Triplex
    Year Built
    2000
    Lot Size
    1,900 sqft
    County
    Kings (Brooklyn)
    MLS #
    KEY978567
    Status
    Active

    Street view & aerial

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    HUD Fair Market Rents

    FMR for Brooklyn, NY 11211

    FY2025 · Nassau-Suffolk HUD Metro FMR Area

    7-Bedroom FMR (Subject Property)
    $3,683 /mo
    $44,196 projected annual gross

    All bedroom sizes — ZIP 11211

    Unit SizeMonthly FMRAnnual Gross
    Studio$1,900$22,800
    1 Bedroom$2,156$25,872
    2 Bedroom$2,640$31,680
    3 Bedroom$3,324$39,888
    4 BedroomSubject$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.

    Monthly Payment Estimate

    Mortgage calculator

    Principal & interest plus taxes, insurance, and HOA. Edit any field below.

    $716,000
    Principal & Interest
    $18,576
    Taxes
    $6,563
    Insurance
    $1,253
    HOA
    $0
    Estimated monthly payment$26,392

    Estimate only — actual payment depends on credit, loan program, escrow, PMI/MIP, and lender fees. Not a loan offer or commitment.

    NY Foreclosure Timeline

    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.

    1. Day 0 – Day 90
      Pre-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.

    2. Month 4 – Month 6
      Lis 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).

    3. 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.

    4. 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).

    5. 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.

    Educational summary only — not legal, tax, or financial advice. Consult appropriate licensed professionals for your specific situation.

    Ask a question about this home

    Send it directly to Kristopher.

    East End Luxury Ltd. is a New York–licensed real estate brokerage. We provide brokerage services only — listing, marketing, pricing strategy, and buyer procurement — and do not provide legal, tax, or financial advice.

    360 3RD STREET, BROOKLYN, NY 11211 | KEY978567 | Trademarko Realty Inc, Peter Nowik · 347-927-6829

    Questions about this listing

    Is 360 3rd Street in Brooklyn still available?

    Inventory changes daily. 360 3rd 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.

    OneKey® MLS

    Listings courtesy of OneKey® MLS as distributed by MLS GRID.

    Listing last updated: 07/08/2026, 05:44 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.