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226 Ave Z

$2,300,000

MLS# RLS20125700 · Gravesend

Listed November 7, 2026 · New today

7 Beds 4 Baths 3,426 Sq.Ft.

About This Property

### A Rare Double-Lot Opportunity in Gravesend — Renovated Two-Family with Parking & Expansion Potential

Welcome to 226 Avenue Z, a unique opportunity to own a beautifully renovated two-family property situated on an expansive double lot in the heart of Gravesend, Brooklyn.

Extensively renovated within the past decade, this property offers a combination of generous living space, modern updates, and flexibility for both end users and investors. Featuring **7 bedrooms, 4 bathrooms, and a fully finished basement**, the home provides versatile living arrangements for multigenerational living, rental income, or an owner-occupied investment.

Both residential units feature **split-system heating and cooling throughout**, offering year-round comfort and energy-efficient climate control.

**What truly sets this property apart is its oversized double lot and exceptional parking capacity.** A private one-car garage, along with rear parking for approximately 4–5 additional vehicles, provides a level of convenience rarely found in Brooklyn.

For buyers with an eye toward future possibilities, **architectural plans have already been drafted for a potential conversion from a two-family to a three-family residence**, subject to zoning requirements and city approvals. This presents an opportunity to explore additional rental income and long-term investment potential.

Located in Gravesend, the property offers convenient access to neighborhood shopping, restaurants, everyday essentials, and public transportation, including the D train at Bay 50th Street. Coney Island's beaches, boardwalk, and entertainment destinations are also within easy reach.

Whether you're seeking a spacious home, an income-producing investment, or a property with room to grow, **226 Avenue Z delivers a rare combination of space, parking, modern upgrades, and future potential—all on a double lot in Brooklyn.**

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Corcoran Group.

Daily life here starts with parking. There's a private one-car garage, plus rear parking for about four to five more vehicles, which is a lot to have on one Brooklyn lot. Both residential units have split-system heating and cooling, and the house was extensively renovated within the past decade, so those systems and finishes are already in place.

With 7 bedrooms, 4 bathrooms and 3,426 square feet over three stories, the house has room for two separate units to work on their own terms. The basement is fully finished, which adds usable space beyond the main floors. The house was built in 1965.

Architectural plans have already been drafted for converting the house from two families to three, subject to zoning requirements and city approvals. If that matters to your plans, your attorney or broker can tell you exactly what the drawings cover.

The D train at Bay 50th Street is about 8 minutes on foot, which puts the subway within easy reach of the front door. Food Bazaar is about 3 minutes away, and Parkview Diner is about 3 minutes as well. Calvert Vaux Park is about 7 minutes away, and the Coney Island Boat Basin is about 6.

Quick answers+

Does the home have parking?

Yes. It has a private one-car garage along with rear parking for approximately four to five additional vehicles.

Does the home have heating and cooling?

Yes. Both residential units have split-system heating and cooling throughout.

Is the basement finished?

Yes, the home has a fully finished basement.

Property Features

Building amenities

Services and facilities

  • Garage parking

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$12,971 / month

  • Principal and interest$11,630
  • Property taxes$1,341

Due at closing

  • Down payment (20%)$460,000
  • NYS “mansion tax” (1.25%)$28,750
  • Mortgage recording tax (1.925%)$35,420

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

226 Ave Z is a 3-story two-family dwelling in Gravesend, completed in 1965 and home to 2 residential units.

The closest subway is Bay 50 St (D), about a 8-minute walk. Coney Island Boat Basin is roughly 6 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1965
Stories
3
Units
2
Building Type
Two-Family Dwelling

View 226 Ave Z building profile and all listings →

Location & Nearby

Map

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226 Ave Z

Subway

  • DBay 50 StAbout 8 min walk

Parks

  • Coney Island Boat BasinAbout 6 min walk
  • Calvert Vaux ParkAbout 7 min walk
  • Neptune PlaygroundAbout 12 min walk

Public schools · Elementary schools

  • P.S. 212 Lady Deborah MoodyAbout 6 min walk
  • P.S. 90 Edna Cohen SchoolAbout 13 min walk
  • Coney Island Preparatory Public Charter School · CharterAbout 18 min walk

Middle schools

  • Mark Twain I.S. 239 for The Gifted & TalentedAbout 15 min walk
  • I.S. 303 Herbert S. EisenbergAbout 18 min walk

High schools

  • John Dewey High SchoolAbout 7 min walk
  • Liberation Diploma PlusAbout 13 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Brooklyn

Gravesend is covered by our Brooklyn guide.

A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Explore Brooklyn

Listing Courtesy of Corcoran Group

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.