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  • 342 E 5th Street, Brooklyn, NY 11218 Main Photo

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New to the Market
BEDS5 BATHS1 full 1 partial SQUARE FEET1,983 MLS#1020705
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLBrooklyn 15

Property Description

Rare opportunity to restore a spacious 5-bedroom detached Colonial in the heart of Kensington. Ideally located just minutes from Prospect Park, neighborhood parks, shopping, dining, and public transportation, this property offers the perfect combination of location and potential.In need of a complete renovation, this home is ideal for investors, contractors, or end users looking to customize a home to their own style and specifications.The main level features a large eat-in kitchen, formal dining room, spacious living room, and an enclosed sunroom with access to the rear yard. The second floor offers two bedrooms and a full bath, while the third level includes three additional bedrooms. A full unfinished concrete basement provides additional living or storage space.The home is heated by gas; however, all utilities are currently off. With its desirable detached layout, generous size, and prime Kensington location, this property presents an exceptional opportunity to restore and create lasting value.

342 E 5th Street | MLS# 1020705

This single family home located at 342 E 5th Street, Brooklyn, NY 11218 is currently listed for sale with an asking price of $1,200,000. This property was built in 1920 and has 5 bedrooms and 1 full and 1 partial baths with 1983 sq. ft. E 5th Street is located within the Brooklyn 15 school district. Search Brooklyn real estate on www.laffey.com today.

Upcoming Open Houses

Open House Tuesday July 7th, 6:00pm - 7:00pm
Open House Wednesday July 8th, 5:00pm - 7:00pm

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Natural Gas
Home Style: Colonial
Lot Size: 0.05 Acres
Taxes: $7,526
Year Built: 1920

Amenities

Eat-in Kitchen
Entrance Foyer
Formal Dining
High Ceilings

Feature Descriptions

Appliances: None
Days on Site: 1
Exterior: Frame
Formal Dining: Yes
Lot Dimensions: 23 x 100
Lot Features: Interior Lot, Near Public Transit, Near School, Near Shops
Number Of Kitchens: 1
On Market Date: 2026-07-01
Parcel Number: 05337-0067
Parking Features: On Street
Rental Term: Monthly
Rooms Total: 9
Seller Concession: Yes
Sewer: Public Sewer
Utilities: Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: West Brooklyn Community High School
Middle School: Jhs 62 Ditmas
Elementary School: Ps 130 Parkside
School District: Brooklyn 15

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Estimated Payment

$ 3,647.85 per month $2,670.68 Principal & Interest $627.17 Property Tax $350.00 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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