1500 E 51st St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $4,829/month
Highlights
- Main Floor Bedroom
- Bathroom on Main Level
- Baseboard Heating
- Eat-In Kitchen
- Central Air
About This Home
Opportunity knocks in Old Mill Basin! This beautifully renovated and fully occupied, two-family home in Old Mill Basin offers immediate rental income and modern comfort. The property features an open floor plan with a spacious living room and eat-in kitchen in each unit, complete with stainless steel appliances. The upper unit offers 2 bedrooms and 2 full bathrooms, while the lower unit includes 3 bedrooms and 2 full bathrooms, providing ample space and functionality. Additional highlights include: central air, a private driveway, and a backyard perfect for gatherings. All tenants are on month-to-month leases with a total monthly rent roll of $7,899. A turnkey opportunity in a desirable Brooklyn neighborhood.
Listing Agent
Legacy Estate Realty Brokerage Phone: 917-635-3980 License #10401232994 Listed on: 08/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,102
Year Built
- Built in 1920
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- Duplex
- Frame Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Utilities
- Central Air
- Baseboard Heating
- Natural Gas Connected
- Cable TV Available
Additional Features
- Eat-In Kitchen
- Basement Fills Entire Space Under The House
- 2,267 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 07830-0076
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,757 | $45,780 | $10,140 | $35,640 |
| 2024 | $5,757 | $43,740 | $10,140 | $33,600 |
| 2023 | $5,762 | $51,120 | $10,140 | $40,980 |
| 2022 | $5,407 | $43,020 | $10,140 | $32,880 |
| 2021 | $5,648 | $43,500 | $10,140 | $33,360 |
| 2020 | $2,649 | $43,320 | $10,140 | $33,180 |
| 2019 | $4,997 | $43,320 | $10,140 | $33,180 |
| 2018 | $4,820 | $23,644 | $7,085 | $16,559 |
| 2017 | $4,601 | $22,572 | $7,450 | $15,122 |
| 2016 | $4,471 | $22,364 | $8,851 | $13,513 |
| 2015 | $2,568 | $21,099 | $9,077 | $12,022 |
| 2014 | $2,568 | $19,905 | $8,544 | $11,361 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2025 08/02/25 | For Sale | $827,000 | -12.9% | $527 / Sq Ft | |
| 06/21/2022 06/21/22 | Sold | $950,000 | +0.1% | $606 / Sq Ft | View Prior Sale |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- | |
| 11/10/2021 11/10/21 | Price Changed | $949,000 | -5.0% | $605 / Sq Ft | |
| 09/20/2021 09/20/21 | For Sale | $999,000 | +132.3% | $637 / Sq Ft | |
| 08/25/2020 08/25/20 | Sold | $430,000 | -9.5% | $259 / Sq Ft | View Prior Sale |
| 07/22/2020 07/22/20 | Pending | -- | -- | -- | |
| 06/30/2020 06/30/20 | For Sale | $475,000 | -- | $286 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $431,000 | -- | |
| Deed | $431,000 | -- | |
| Deed | $431,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | $30,000 | -- | |
| Deed | $30,000 | -- | |
| Deed | $30,000 | -- | |
| Deed | $12,000 | -- | |
| Deed | $12,000 | -- | |
| Deed | $499,500 | -- | |
| Deed | $499,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $349,000 | -- | |
| Deed | $349,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $187,000 | -- | |
| Deed | $187,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,000 | New Conventional | |
| Closed | $365,000 | New Conventional | |
| Previous Owner | $99,900 | No Value Available | |
| Previous Owner | $399,600 | Purchase Money Mortgage | |
| Previous Owner | $331,550 | Purchase Money Mortgage | |
| Previous Owner | $181,300 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: 896773
APN: 07830-0076
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