Sell Your Property in New Lots
We Buy Two-Families, Row Houses & Lots in New Lots
From the brick two-families off New Lots Avenue to the storefronts under the 3 train on Livonia Avenue and the lots near Linden Boulevard, we buy New Lots property directly, for cash, as-is.
- All-cash, no financing contingency
- Tenants, violations and estates are fine
- Off-market and confidential
- Close on your timeline
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Quick Answers
Who Buys Property in New Lots?
Who buys property in New Lots, Brooklyn?
Red Hook Development buys property in New Lots directly. We are a Brooklyn developer and direct buyer, and we purchase two- and three-family houses, attached brick row houses, small apartment buildings, mixed-use storefront buildings on Livonia, New Lots and Pennsylvania Avenues, and vacant or underbuilt lots. We pay cash, buy in as-is condition, and keep the sale off-market. That means no repairs, no open houses, and no waiting on a buyer’s mortgage or appraisal.
Where is New Lots?
New Lots is the southern part of East New York, generally between Pennsylvania Avenue and Fountain Avenue, with New Lots Avenue and Dumont Avenue toward the north and Linden Boulevard to the south. The 3 train runs above Livonia Avenue to its terminal at New Lots Avenue, and the L stops nearby. South of Linden Boulevard is Spring Creek; west across Pennsylvania Avenue is the rest of East New York and Brownsville.
Why is it called New Lots?
The name goes back to Dutch farmers from Flatbush who laid out new farm lots in the area in the 1600s. New Lots became its own town, split from the Town of Flatbush in 1852, and was annexed to the City of Brooklyn as its 26th Ward in 1886, before consolidation into New York City in 1898. The New Lots Reformed Church at 630 New Lots Avenue, built in 1823–24, still stands as a city landmark.
Can I sell a New Lots house with tenants or violations?
Yes. Many New Lots two-families have long-term tenants, tenants who have stopped paying, or units in disrepair, and many houses carry old HPD or DOB violations, open permits or ECB fines. We buy with all of that in place and price it into our offer. You do not need to cure violations or vacate tenants before selling to us.
How quickly can you close in New Lots?
With clear title and a straightforward property, we can often close within a few weeks of agreeing on terms. Estates, liens, tax issues or tenant matters can extend that, mostly due to paperwork outside our control. Because we pay cash and do not need a bank, we do not add financing delays, and we can also close later if you need more time.
What We Buy in New Lots
New Lots Properties We’re Actively Buying
Brick Two-Families
The attached and semi-attached brick two-family houses that fill the side streets between New Lots Avenue and Linden Boulevard, many built in the 1920s and 1930s. Owner-occupied, fully rented, vacant or in poor condition, we buy them as they are.
Row Houses & One-Families
Attached row houses on blocks such as Hendrix, Barbey, Ashford and Warwick Streets and Schenck Avenue, including houses with dated interiors, roof leaks, or years of deferred maintenance.
Three-Families & Small Buildings
Three- and four-family houses and small walk-ups, some with rent-stabilized units, often owned by the same family for decades and now in need of a capital plan the owner would rather not take on.
Storefronts Under the El
Mixed-use buildings with stores and apartments on Livonia Avenue under the 3 train, and along New Lots Avenue and Pennsylvania Avenue. Vacant stores and difficult commercial tenants are not a problem.
Vacant & Underbuilt Lots
Empty lots, side yards sold separately, garages, parking lots and one-story buildings, including corner sites where the zoning may allow more than what is there today.
Auto & Light Industrial
Auto repair shops, warehouses and garages on and near Linden Boulevard, Pennsylvania Avenue and Fountain Avenue. We look at these both as businesses’ real estate and as possible redevelopment sites. See everything we buy.
Housing Stock
New Lots Housing: Brick Two-Families, Row Houses & Small Buildings
New Lots was farmland well into the 1900s. The extension of the IRT to New Lots Avenue in 1922 changed that, and through the 1920s and 1930s builders filled the farm lots with attached brick two-family houses, row houses and small apartment buildings. That interwar fabric is still the core of the neighborhood: long rows of brick houses with stoops or front steps, small front yards and, on many blocks, shared driveways and rear garages.
Mixed in are older frame houses that predate the brick rows, newer infill houses built over the last few decades on lots that had sat empty, and, in and around the area, large public housing campuses, including the Pink Houses, Fiorentino Plaza and Unity Plaza, built in the postwar decades. The commercial streets, Livonia Avenue under the elevated 3 line, New Lots Avenue and Pennsylvania Avenue, have two- and three-story storefront buildings with apartments above.
Common Conditions We See
- Roofs, parapets and brick facades that need repointing or replacement
- Aging boilers and oil tanks, older wiring and plumbing
- Basement apartments that were never legalized
- Water damage, mold and units left vacant after a tenant moved out
- Open HPD and DOB violations, ECB fines and expired permits
We buy with these conditions in place. You do not need to fix anything first.
Zoning
Zoning & the 2016 East New York Rezoning
In April 2016 the City Council approved the East New York rezoning, the first neighborhood rezoning under the city’s Mandatory Inclusionary Housing program. It concentrated new density along major corridors to the north, such as Atlantic Avenue and parts of Pitkin Avenue and Fulton Street, while keeping many residential side streets at lower densities. Much of New Lots sits south of the most heavily rezoned corridors, so most of its brick side streets remain mapped for low- to medium-density housing.
The City of Yes for Housing Opportunity changes adopted in December 2024 added another layer citywide, including relaxed parking requirements, accessory dwelling units on qualifying one- and two-family lots, and the Universal Affordability Preference in medium- and higher-density districts. On wider avenues and corner lots in New Lots, these rules can change what a site can support.
We analyze zoning, lot size and built floor area for every property we look at. Because zoning is lot-specific, confirm anything about your own parcel with a zoning professional or land use attorney.
Regulated Buildings
Rent-Stabilized & 421-a Buildings in New Lots
Older apartment buildings in New Lots with six or more units built before 1974 typically contain rent-stabilized apartments. Since the 2019 Housing Stability and Tenant Protection Act, raising regulated rents is much harder, while taxes, insurance, fuel and repairs keep climbing. Many owners of small regulated buildings are looking for a way out that does not involve vacating anyone.
We buy rent-stabilized buildings with tenants in place and underwrite them on what they actually collect. See selling a rent-stabilized building.
East New York has also seen new construction in the years since the rezoning, some of it with a 421-a tax benefit. The 421-a program stopped accepting new projects in 2022 and was succeeded by 485-x in 2024, but existing 421-a buildings remain on their benefit schedules and affordability requirements. If you own one, see selling a 421-a building.
Where We Buy
Where We Buy in New Lots
We buy throughout New Lots. Some of the areas we see most:
- New Lots Avenue — the historic road the neighborhood is named for, from Pennsylvania Avenue east toward Fountain Avenue, including the blocks around the New Lots Reformed Church at Schenck Avenue
- Livonia Avenue — storefronts and mixed-use buildings under the elevated 3 line, from Van Siclen Avenue to the New Lots Avenue terminal
- Linden Boulevard — the wide southern edge, with houses, auto uses, lots and larger parcels
- Pennsylvania Avenue — the western spine, with commercial buildings and access to the Pennsylvania Avenue station
- The brick side streets — Hendrix, Barbey, Jerome, Warwick, Ashford, Cleveland and Elton Streets, Schenck Avenue and their neighbors between New Lots Avenue and Linden Boulevard
- Toward Fountain Avenue — the eastern blocks near the Queens line, closer to Spring Creek and the Gateway Center
We also buy in the rest of East New York, in Spring Creek to the south, and in Cypress Hills to the north.
Why Owners Sell
Why New Lots Owners Sell to Us
We hear many of the same stories in New Lots, and almost all of them come down to wanting a clean, certain exit:
- Inheriting a house from parents or grandparents who bought decades ago
- A tenant who is not paying, or a Housing Court case that has dragged on
- Tax arrears, liens, or a property that has fallen behind on water and sewer charges
- Violations that would scare off a buyer who needs a mortgage
- Owners who have moved out of state and do not want to manage from afar
- A vacant house or lot that has become a liability
We handle these situations every week. We can coordinate with your attorney, the estate administrator, or a lender, and we do not need the property to be in perfect shape to make an offer.
Potential
What Gives New Lots Property Its Value
New Lots has transit that many outer Brooklyn neighborhoods lack: the 3 train along Livonia Avenue with stations at Pennsylvania, Van Siclen and New Lots Avenues, the 2, 4 and 5 at some hours, and the L at its own New Lots Avenue stop. Linden Boulevard and the Belt Parkway are close for drivers, and the Gateway Center shopping area is just to the south.
For a buyer like us, value usually comes from restoring a two-family properly, legalizing or reconfiguring units, stabilizing a neglected small building, or building on a lot or corner where the zoning permits more. We have the capital and construction capability to take on that work, which is why we can buy properties that a typical retail buyer would pass on.
Your Options
Your Options for Selling in New Lots
List with a Broker
Listing can work for a renovated, vacant house with clean paperwork. If yours has tenants, violations or significant repair needs, expect fewer qualified buyers, lender appraisal hurdles, inspection renegotiation, and a longer timeline.
Fix It Up or Develop It Yourself
Renovating or building on a lot can add value, but it means permits, contractors, financing, carrying costs and risk. It makes sense for owners who have capital, time and experience with construction in the city.
Sell Directly to Red Hook Development
We buy as-is, for cash, with tenants and violations in place, and we close when you are ready. You trade some potential retail upside for speed, privacy and certainty. Start on our sell your property page.
How It Works
How Selling Your New Lots Property Works
- Reach out — share the address, building type, occupancy and anything you know about condition
- We research — zoning, city records, violations, liens and, for buildings, the rent roll
- One visit — a single walkthrough scheduled around you and any tenants
- Written cash offer — a clear number with no financing contingency
- Attorney-led closing — on the date that works for you
There is no fee and no obligation to accept our offer.
Market Context
The New Lots Market
New Lots has long been a neighborhood of homeowners, many of them Black, Caribbean and Latino families who bought two-families and rented out a unit to help carry the mortgage. In the years since the 2016 rezoning, new construction and investor interest have grown across East New York, and residents have raised real concerns about displacement and speculation.
We think the best thing we can offer is straightforward information: a real written number, how we got there, and no pressure. We do not publish price claims, because every New Lots house and building is different. Compare our offer with listing or holding, and choose what is right for you and your family.
FAQ
New Lots Seller Questions
Is New Lots the same as East New York?
New Lots is part of the larger East New York area and is often just called East New York. Historically the whole area was the Town of New Lots, but today the name usually refers to the southern section around New Lots Avenue, between Pennsylvania and Fountain Avenues.
Do you buy houses with a non-paying tenant?
Yes. We buy two-families and small buildings with non-paying tenants or pending Housing Court cases. We can take over the situation at closing, so you do not have to see it through yourself.
Can you buy a house with tax liens or water charges owed?
Often, yes. Liens, unpaid property taxes and water and sewer charges are usually paid off from the sale proceeds at closing. Your attorney and the title company will confirm the payoff amounts.
Do you buy vacant lots in New Lots?
Yes. We buy vacant lots, side lots, parking lots and garages, including lots with title complications. We evaluate each one based on its zoning and size.
Do I need to clean out the house?
No. Leave whatever you do not want. We handle the cleanout after closing, including basements, garages and yards.
Is the New Lots Reformed Church area landmarked?
The New Lots Reformed Church and its cemetery at 630 New Lots Avenue were designated a city landmark in 1966. That designation covers the church site itself, not the surrounding blocks. Check the Landmarks Preservation Commission map to confirm any specific lot.
Other Neighborhoods
We Also Buy Nearby
We also buy houses, buildings and lots in the neighborhoods surrounding New Lots.
Own Property in New Lots?
Find out what a developer will pay — privately, with no obligation. Call 718-500-3423 or email bklyn@redhookdevelopment.com.