$1,198,000
PENDING $32K PRICE DROP

Estimated payment $7,083/month

Total Views 4,727
5 Beds
3.5 Baths
3,000 Sq Ft
$399 Price per Sq Ft

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Back and Front Yard
  • Ps 207 Elizabeth G Leary Rated A-

About This Home

Fully renovated legal two-family home with a finished basement and bathroom, offering excellent income-producing potential in the highly desirable Old Mill Basin / Bergen Beach area. The property features two well-configured residential units with modern kitchens and bathrooms, updated systems, and separate living spaces ideal for owner-occupants offsetting their mortgage or investors seeking stable rental income. The finished basement with bathroom provides additional usable space, suitable for recreation, home office, flexibility. Recent renovations include upgraded electrical, plumbing, flooring, and contemporary finishes throughout, minimizing near-term capital expenses. Located on a quiet residential block close to waterfront parks, shopping, schools, and transportation, this property offers strong long-term appreciation, low vacancy demand, and attractive cash-flow potential in one of Brooklyn’s most sought-after neighborhoods.

Listing Agent

Qais Shawabkeh

Intella Properties Corp Listed on: 01/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,781

Year Built

  • Built in 1960

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 8545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,781

Year Built

Built in 1960

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 46.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue T
  • Cross Street Name2: Avenue U
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3000
  • Building Stories: 2
  • Street Name I D X: 54th
  • Year Built: 1960
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 56
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8781.00

Multi Family

  • Unit Count: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $8,781 $60,300 $12,900 $47,400
2025 $8,781 $58,440 $12,900 $45,540
2024 $8,781 $56,880 $12,900 $43,980
2023 $8,812 $60,420 $12,900 $47,520
2022 $8,171 $49,140 $12,900 $36,240
2021 $8,127 $47,580 $12,900 $34,680
2019 $7,621 $47,460 $12,900 $34,560
2018 $7,371 $36,157 $10,256 $25,901
2017 $6,954 $34,111 $10,552 $23,559
2016 $6,433 $32,181 $10,531 $21,650
2015 $4,134 $30,360 $13,380 $16,980
2014 $4,134 $30,360 $13,380 $16,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Price Changed $1,198,000 -2.6% $399 / Sq Ft
01/21/2026 01/21/26 For Sale $1,230,000 -- $410 / Sq Ft
01/21/2026 01/21/26 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $625,000 --
Deed $625,000 --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $262,000 Commonwealth Land Title Ins
Deed $262,000 Commonwealth Land Title Ins
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 498527

Brooklyn Board of REALTORS®

APN: 08545-0056

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