1708 E 54th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $4,504/month
Highlights
- Wood Flooring
- Living Room
- Property is near a bus stop
About This Home
Nestled on a charming residential block, this brick 3-family home in prime Old Mill Basin offers an exceptional investment opportunity, priced under market value for a quick sale. The property features a diverse layout: a one-bedroom unit and a two-bedroom unit on the first floor, a spacious four-bedroom apartment on the second floor complete with a front patio and rear yard access, and a semi-finished basement ideal for storage, a recreation room, or a home office with a convenient half bath and separate entrance. This well-maintained building spans 20' x 58' on a 20' x 100' lot with 2 occupied units & 1 vacant unit, ensuring immediate rental income. Perfect for a 1031 Exchange! With its appealing mix of unit sizes and excellent access to transportation, this property promises both comfort and convenience for its residents and a lucrative opportunity for discerning buyers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,165
Year Built
- Built in 1920
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 2,300 Sq Ft Home
- 2-Story Property
- Living Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Oven
Bedrooms and Bathrooms
- 7 Bedrooms
Additional Features
- 2,000 Sq Ft Lot
- Property is near a bus stop
- Heating System Uses Gas
Community Details
- Old Mill Basin Community
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 | $6,143 | $52,740 | $9,240 | $43,500 |
| 2024 | $6,143 | $47,280 | $9,240 | $38,040 |
| 2023 | $6,165 | $58,020 | $9,240 | $48,780 |
| 2022 | $5,717 | $50,640 | $9,240 | $41,400 |
| 2021 | $5,686 | $49,560 | $9,240 | $40,320 |
| 2020 | $2,666 | $54,180 | $9,240 | $44,940 |
| 2019 | $5,332 | $43,080 | $9,240 | $33,840 |
| 2018 | $5,156 | $25,295 | $7,322 | $17,973 |
| 2017 | $4,865 | $23,864 | $5,698 | $18,166 |
| 2016 | $4,501 | $22,514 | $7,253 | $15,261 |
| 2015 | $3,454 | $21,240 | $7,680 | $13,560 |
| 2014 | $3,454 | $21,240 | $7,680 | $13,560 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $749,000 | 0.0% | $326 / Sq Ft |
| 06/02/2025 06/02/25 | Off Market | $749,000 | -- | -- |
| 04/28/2025 04/28/25 | Price Changed | $749,000 | 0.0% | $326 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $749,000 | -5.1% | $326 / Sq Ft |
| 02/03/2025 02/03/25 | Off Market | $789,000 | -- | -- |
| 11/13/2024 11/13/24 | For Sale | $789,000 | 0.0% | $343 / Sq Ft |
| 10/02/2024 10/02/24 | Off Market | $789,000 | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $789,000 | -- | $343 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $650,000 | -- | |
| Deed | $211,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $499,000 | No Value Available | |
| Previous Owner | $444,000 | No Value Available |
Source: NY State MLS
MLS Number: 11290017
APN: 08493-0058
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