1709 E 51st St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $2,156/month
About This Lot
Prime Development Opportunity - Old Mill Basin, Brooklyn Rare opportunity to acquire a 25 x 100 vacant land parcel in the highly desirable Old Mill Basin section of Brooklyn. Situated on a quiet residential block, this property offers tremendous potential for both end-users and developers alike. Zoned R3-2 with a C2-2 commercial overlay, the lot allows for a variety of development possibilities including one- and two-family residences, as well as potential mixed-use or community facility options (subject to approvals). Ideal for those looking to build a custom home, income-producing property, or explore commercial use at the ground level. Conveniently located near major roadways, shopping, schools, and public transportation, making it an attractive investment in a growing neighborhood. Bring your vision and unlock the full potential of this versatile parcel. Consult with your architect to explore all allowable uses
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,899
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
- Property is zoned R3-2
Listing and Financial Details
- Legal Lot and Block 0038 / 07896
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,094 | $53,820 | $9,960 | $43,860 |
| 2025 | $7,636 | $45,720 | $9,960 | $35,760 |
| 2024 | $7,636 | $53,820 | $9,960 | $43,860 |
| 2023 | $7,284 | $48,300 | $9,960 | $38,340 |
| 2022 | $6,755 | $41,580 | $9,960 | $31,620 |
| 2021 | $7,122 | $40,260 | $9,960 | $30,300 |
| 2019 | $6,628 | $36,120 | $9,960 | $26,160 |
| 2018 | $6,093 | $29,890 | $8,367 | $21,523 |
| 2017 | $5,749 | $28,200 | $9,939 | $18,261 |
| 2016 | $5,637 | $28,200 | $9,143 | $19,057 |
| 2015 | $2,989 | $27,986 | $10,278 | $17,708 |
| 2014 | $2,989 | $26,403 | $9,397 | $17,006 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | Price Changed | $275,000 | -7.7% | -- | |
| 07/01/2026 07/01/26 | Price Changed | $298,000 | -12.0% | -- | |
| 06/07/2026 06/07/26 | For Sale | $338,800 | +145.5% | -- | |
| 05/26/2026 05/26/26 | For Sale | $138,000 | 0.0% | $76 / Sq Ft | |
| 05/13/2026 05/13/26 | Sold | $138,000 | -- | $76 / Sq Ft | View Prior Sale |
| 04/13/2026 04/13/26 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $139,932 | -- | |
| Deed | $609,489 | -- | |
| Bargain Sale Deed | $220,000 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $360,000 | No Value Available | |
| Closed | $290,000 | No Value Available | |
| Closed | $214,700 | No Value Available |
About the Listing Agent
Maurice “Moe” Molcho was born to be in real estate. As a child, he accompanied his father, Ron Molcho, on listing appointments, absorbing the nuances of the business from one of Staten Island’s most respected real estate professionals. By 16, Moe was answering phones at the office, and by 26, he was a licensed agent, fully immersed in the industry.
Today, Moe is an Associate Broker and Partner at American Homes Group and Molcho Realty Group, where he’s driving innovation and reshaping
Maurice's Other Listings
Source: Staten Island Multiple Listing Service
MLS Number: 2603175
APN: 07896-0038
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Ask me questions while you tour the home.