Michele M. Martinez
Licensed Real Estate Salesperson
REALTOR®
New Hartford, NY
Cell: (315) 982-1918 Office: (315) 768-1680 Fax: (315) 768-1685
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$1,200,000 Active
5 Beds 1 Baths 1 Partial Bath 2,446 Sq Ft 0.05 Acres
Days on Site 5 Year Built 1920 School Brooklyn 15 MLS #1020705
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Market Trends

$2M Average Sales Price
125 Average Days on Site
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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 2446 sq. ft. E 5th Street is located within the Brooklyn 15 school district. Search Brooklyn real estate on michele-martinez.coldwellbankerprime.com today.

Upcoming Open Houses

Open House Tuesday July 7th, 6:00pm - 7:00pm
Open House Wednesday July 8th, 5:00pm - 7:00pm
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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: 5
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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342 E 5th Street, Brooklyn, NY 11218

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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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Demographics

Listed By / Shown By

Listing By

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

Shown By

Agent Name: Michele M. Martinez
Agent Phone: (315) 982-1918 Cell
Agency Title: Coldwell Banker Prime Properties

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Michele M. Martinez
Michele M. Martinez Licensed Real Estate Salesperson Office: (315) 768-1680 Cell: (315) 982-1918 Fax: (315) 768-1685 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/07/2026. The listing information on this page last changed on 07/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/07/2026 12:00:00 AM EST) or Global MLS (last updated Mon 07/06/2026 11:52:19 PM EST) or New York State Alliance MLS (last updated Mon 07/06/2026 11:54:59 PM EST) or Hudson Valley Catskill Region MLS (last updated Mon 07/06/2026 11:51:16 PM EST) or Berkshire MLS (last updated Mon 07/06/2026 8:13:35 PM EST) or OneKey MLS (last updated Mon 07/06/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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