Seller's Agent in 2026
Dan Dong
RE/MAX
(929) 291-9897
35 in this area
308 Total Sales
524 54th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,590,000 - $1,749,000
Studio
3
Baths
2,988
Sq Ft
$568/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 4-minute walk to 53 Street
- Back and Front Yard
- IS 220 John J. Pershing Rated A-
- Heating System Uses Steam
- 3-minute walk to Rainbow Playground
About This Home
As of February 2026Welcome to a solid brick, attached 3 family home located in the heart of vibrant Sunset Park, Brooklyn. Sitting on a 20x100 lot with a 20x47 building size, this well-configured property offers excellent flexibility and income potential. The top floor features a spacious 3-bedroom, 1-bath unit with great natural light and a comfortable layout ideal for end-users or renters. The second floor offers a well-proportioned 2-bedroom, 1-bath apartment, while the first floor includes a cozy 1-bedroom, 1-bath unit with interior access to a full basement—perfect for recreation, storage, or potential expansion. Ideally situated near both 8th Avenue and 5th Avenue, you’re just minutes away from a wide array of local shopping, restaurants, supermarkets, and services, along with convenient access to the subway and multiple bus lines. This is a rare opportunity to own a versatile three-family home in one of Brooklyn’s most dynamic and fast-growing neighborhoods.
Last Buyer's Agent
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,784
Year Built
- Built in 1910
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3 Full Bathrooms
- 2,988 Sq Ft Home
- 3-Story Property
- Unfinished 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 824
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $1,000
- Insurance Expense $2,000
- Utility Expense $600
- Gross Income $80,000
- Net Operating Income $60,000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2025
Closed on
Feb 5, 2026
Sold by
Bought by
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
NON MEMBER
List Price
$1,648,000
Sold Price
$1,720,000
Premium/Discount to List
$72,000
4.37%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,634
Avg. Annual Appreciation
-3.10%
Purchase Details
Closed on
Jul 18, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,720,000 | -- | ||
| -- | First American Title Ins Co |
Source: Public Records
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 |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Sold | $1,720,000 | +4.4% | $576 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $1,648,000 | -- | $552 / Sq Ft |
Source: Brooklyn Board of REALTORS®
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 | $8,768 | $96,780 | $32,160 | $64,620 |
| 2025 | $8,268 | $97,320 | $32,160 | $65,160 |
| 2024 | $8,268 | $93,960 | $32,160 | $61,800 |
| 2023 | $8,280 | $98,400 | $32,160 | $66,240 |
| 2022 | $5,744 | $95,580 | $32,160 | $63,420 |
| 2021 | $7,614 | $82,080 | $32,160 | $49,920 |
| 2019 | $7,127 | $69,360 | $32,160 | $37,200 |
| 2018 | $6,866 | $35,140 | $15,618 | $19,522 |
| 2017 | $6,462 | $33,171 | $13,783 | $19,388 |
| 2016 | $5,951 | $31,321 | $14,896 | $16,425 |
| 2015 | $3,555 | $31,302 | $17,784 | $13,518 |
| 2014 | $3,555 | $29,559 | $18,087 | $11,472 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Dong
-
N
Buyer's Agent in 2026
NON MEMBER
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 494169
APN: 00824-0017
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