587 Osborn Street, New York City, NY 11212
Listing Courtesy of Compass
$749,000
Potential Rebate: $11,235
Overview
Welcome to 587 Osborn Street, located in the charming and burgeoning neighborhood of Brownsville, Brooklyn. This beautiful two-family yellow and red brick townhouse is ready for your personal touch to transform it into your dream home. Offering captivating potential, it is an ideal investment for those looking to settle in an up-and-coming area.
This home spans 2,080 square feet and features five well-lit bedrooms along with two and a half bathrooms. With dimensions of 20 ft x 52 ft, it provides ample space across its two stories, perfect for a growing family or multi-generational living. Built in 1930, the house retains its classic charm and is complemented by a full finished basement with full-height ceilings. The property consists of two residential units, offering flexibility for rental income or extended family accommodation.
The exterior is marked by a bright brick façade that exudes character, while the row houses on the block provide an inviting uniformity, enhancing the sense of community in this great neighborhood. The location offers excellent convenience, with close proximity to public transportation making commuting to Manhattan effortless. Nearby parks and recreation areas ensure endless outdoor enjoyment. Moreover, a quick 30-minute drive will take you to John F. Kennedy International Airport, Aviator Sports & Events Center, or the serene Rockaway Beach, providing a variety of leisure options.
Interior photos are available upon request to pre-qualified buyers. Don't miss the opportunity to transform this promising property into your ideal home. Reach out today for more information and to schedule a viewing!
Home Features
- •Baseboard
- •Common On Floor
- •See Remarks
- •Private Outdoor Space Under 60 Sqft
- •Entrance Foyer
- •Recessed Lighting
- •Dryer
- •Washer
Estimated Monthly Payment
$3,934 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$11,235
Monthly savings impact
$31/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20038340
Price Analysis
Compare average listing prices and value metrics for 587 Osborn Street against the surrounding Brownsville market.
Average List Price
Price Per SqFt
27.47% Lower
than the Brownsville price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Brownsville
Overview of Brownsville
Brownsville is a neighborhood with deep roots and a strong sense of community survival. Known for its high concentration of public housing, it is also a cultural incubator that has produced legends like Mike Tyson. For buyers seeking Brownsville Brooklyn real estate, the market is primarily focused on small multi-family investment properties.
Living in Brownsville is about grit and community. As a Brooklyn NYC neighborhood, it remains one of the most affordable and authentic areas left.
Real Estate & Housing Market
The market for homes for sale in Brownsville is investor-heavy. You can find stone and brick rowhouses at price points unseen elsewhere in Brooklyn.
Lifestyle & Community
The lifestyle in Brownsville is centered on the block. Community centers like the Brownsville Recreation Center are vital hubs.
Transportation & Accessibility
Brownsville is served by the 3 and L trains. Transit access is solid.
Parks, Schools & Amenities
Betsy Head Park recently underwent a massive $30 million renovation.
Amenities: The purely local shopping on Pitkin Avenue.
Who This Neighborhood Is Best For
Brownsville is best for investors and pioneer homeowners looking for rock-bottom prices.
