NOT LISTED FOR SALE

241 54th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $677,975 - $1,279,000

5 Beds
2 Baths
1,857 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $775,000 $417 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,340/month

121 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to 53 Street
  • Intercom
  • IS 220 John J. Pershing Rated A
  • Pets Allowed In Building
  • 2-minute walk to Martin Luther Playground

About This Home

As of December 2023

Create your dream two-family home in beautiful Sunset Park..

(Property likely will not finance). Sold As is. Needs a complete gut reno.

*** OFFER ACCEPTED. OWNER NO LONGER WANTS TO SHOW. MLS HAS BEEN NOTIFIED ***

Last Agent to Sell the Property

Raymond P. (Randy) Reis III

EXP Realty NYC License #40RE1176716 Listed on: 08/07/2023

EXP Realty NYC

Co-Listed By

Annarae Reis

EXP Realty NYC License #10401332738

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1901

Lot Details

  • 1,753 Sq Ft Lot
  • Lot Dimensions are 17.50 x 100.16
  • Property is in good condition

Home Design

  • Pre War Building

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 65 / 813

Community Details

Overview

  • Sunset Park Subdivision

Pet Policy

  • Pets Allowed In Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,969

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 2nd Avenue/3rd Avenue
  • Delivered Vacant: Yes
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Architectural Style: Prewar
  • Structure Type: Multi Family, Walk Up
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingYes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1857.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 2
  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: M1-2D
  • Lot Size Area: 1752.8
  • Lot Size Dimensions: 17.50 x 100.16
  • Lot Dimensions: 17.50 x 35.00

Building Info

  • New Construction: No
  • New Development: No
  • Total Stories: 2
  • Year Built: 1901
  • Lobby Attendance Type: None
  • Building Laundry Features: SeeRemarks

Tax Info

  • Tax Abatement: No
  • Tax Block: 813
  • Tax Lot: 65
  • Building Tax Lot: 65
  • Tax Annual: 2969.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Apr 19, 2024
Sold by
Barrows As Heir Keith and Barrows Jr. As Heir
Bought by
241 54Th Street Ny Llc
Seller's Agent
Raymond P. (Randy) Reis III
eXp Realty
Buyer's Agent
Raymond P. (Randy) Reis III
eXp Realty
List Price
$800,000
Sold Price
$765,000
Premium/Discount to List
-$35,000
-4.38%
Views
350
Current Estimated Value
$939,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,744
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Carlson Orelie
Bought by
Barrows Kenneth and Barrows Linda
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
241 54Th Street Ny Llc $665,000 --
241 54Th Street Ny Llc $665,000 --
Barrows Kenneth -- --
Barrows Kenneth -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Off Market $775,000 -- --
03/15/2024 03/15/24 Price Changed $775,000 0.0% $417 / Sq Ft
12/06/2023 12/06/23 Sold $775,000 -3.1% $417 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $800,000 -- $431 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2025 $3,108 $73,500 $16,560 $56,940
2024 $3,108 $74,880 $16,560 $58,320
2023 $2,969 $66,660 $16,560 $50,100
2022 $2,753 $58,620 $16,560 $42,060
2021 $2,744 $60,840 $16,560 $44,280
2020 $2,744 $57,240 $16,560 $40,680
2019 $2,698 $55,440 $16,560 $38,880
2016 $2,172 $10,866 $4,791 $6,075
2015 $1,088 $10,846 $5,376 $5,470
2014 $1,088 $10,747 $4,772 $5,975
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller Co-Listing Agent in 2023

    Annarae Reis

    EXP Realty NYC

    (347) 580-5991

    1 in this area

    4 Total Sales

    Annarae Reis
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10950569

Real Estate Board of New York (REBNY)

APN: 00813-0065

New York Kings County Brooklyn 11220 Sunset Park

241 54th St, Brooklyn, NY

This home is located at 241 54th St, Brooklyn, NY 11220 since 07 August 2023 and is currently estimated at $939,744, approximately $506 per square foot. This property was built in 1901. 241 54th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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