519 53rd St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $17,593/month
Highlights
- Wood Flooring
- 3-minute walk to 53 Street
- 4-minute walk to Rainbow Playground
- Heating System Uses Steam
About This Home
NOT RENT-STABILIZED. NOT RENT-CONTROLLED. FULLY FREE-MARKET BUILDING. Introducing a prime opportunity nestled in the heart of Sunset Park: a versatile mixed-use building featuring 6 residential units and 2 commercial units newly built in 2009. This property offers 4 stories and a basement. The 1st floor and basement, each spanning 20 × 80, serve as 2 community office spaces, providing ample room for various businesses. There is an elevator available between the 1st floor and the basement. The upper floors, measuring 20 × 58 each, have 2 units per floor at the front and rear, each unit has 2 bedrooms and 1 bathroom. The rear unit on the 2nd floor features an expansive 500 sqft terrace, ideal for relaxation and enjoying the neighborhood surroundings. Additionally, the units on the 3rd and 4th floors all feature balconies. Each unit enjoys separate utilities, ensuring convenience and efficiency for residents and commercial occupants alike. The property’s location is ideal, situated near the vibrant business district of 5th Avenue and just minutes away from the lively 8th Avenue Chinatown, and enjoy easy access to a diverse array of amenities, including shopping, restaurants, hospitals, banks, and more. Transportation is a breeze, with access to the N and R trains, as well as the B63, B11, and B9 buses. Don’t miss out on this outstanding opportunity to invest in a well-appointed mixed-use building in one of Brooklyn’s most dynamic neighborhoods.
Property Details
Property Type
- Other
Est. Annual Taxes
- $14,078
Year Built
- Built in 2009
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 6,680 Sq Ft Home
- 4-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 808
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $6,500
- Gross Income $170,400
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 | $14,078 | $393,300 | $67,500 | $325,800 |
| 2024 | $14,078 | $327,600 | $67,500 | $260,100 |
| 2023 | $13,814 | $409,500 | $67,500 | $342,000 |
| 2022 | $13,350 | $511,650 | $67,500 | $444,150 |
| 2021 | $12,394 | $470,700 | $67,500 | $403,200 |
| 2020 | $5,642 | $513,450 | $67,500 | $445,950 |
| 2019 | $10,925 | $518,850 | $67,500 | $451,350 |
| 2018 | $11,017 | $86,621 | $10,529 | $76,092 |
| 2017 | $10,676 | $83,935 | $10,807 | $73,128 |
| 2016 | $10,019 | $77,718 | $11,039 | $66,679 |
| 2015 | $6,713 | $71,962 | $11,082 | $60,880 |
| 2014 | $6,713 | $66,632 | $12,309 | $54,323 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $2,999,000 | -- | $449 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $550,000 | -- | |
| Deed | $140,000 | The Title Guarantee Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $655,533 | Purchase Money Mortgage | |
| Previous Owner | $236,435 | Commercial | |
| Previous Owner | $385,000 | Commercial | |
| Previous Owner | $133,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 489617
APN: 00808-0068
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