538 51st St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $11,115/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Back and Front Yard
About This Home
Prime Real Estate Investment! 3-family brick house boasting 3.5 above-grade levels, with a building size of 20.5x47 on a 20.5x100 lot. Features separate utilities with 3 electric meters and 4 gas meters.
Ideally located in the heart of Sunset Park, with convenient access to neighborhood shopping, restaurants, schools, parks, and everyday amenities. Excellent transportation, making commuting throughout Brooklyn and into Manhattan convenient.
Can be delivered vacant!
Open House Schedule
-
Sunday, August 23, 20263:00 to 4:00 pm8/23/2026 3:00:00 PM +00:008/23/2026 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,768
Year Built
- Built in 1905
Lot Details
- 2,053 Sq Ft Lot
- Lot Dimensions are 100 x 21
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3 Full Bathrooms
- 2,892 Sq Ft Home
- 3-Story Property
- Stove
- Unfinished Basement
Flooring
- Wood
- Ceramic Tile
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 800
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $4,800
- Insurance Expense $3,300
- Utility Expense $840
- Gross Income $86,400
- Net Operating Income $68,292
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 | $4,821 | $97,020 | $24,660 | $72,360 |
| 2025 | $4,778 | $89,820 | $24,660 | $65,160 |
| 2024 | $4,778 | $87,420 | $24,660 | $62,760 |
| 2023 | $4,561 | $87,180 | $24,660 | $62,520 |
| 2022 | $4,233 | $82,620 | $24,660 | $57,960 |
| 2021 | $4,214 | $74,580 | $24,660 | $49,920 |
| 2020 | $2,093 | $90,420 | $24,660 | $65,760 |
| 2019 | $4,147 | $76,860 | $24,660 | $52,200 |
| 2018 | $3,815 | $18,717 | $7,230 | $11,487 |
| 2017 | $3,602 | $17,672 | $6,140 | $11,532 |
| 2016 | $3,336 | $16,687 | $6,091 | $10,596 |
| 2015 | $2,011 | $16,670 | $7,304 | $9,366 |
| 2014 | $2,011 | $16,520 | $7,775 | $8,745 |
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 |
|---|---|---|---|---|
| 08/20/2026 08/20/26 | Price Changed | $1,950,000 | -2.0% | $674 / Sq Ft |
| 08/20/2026 08/20/26 | For Sale | $1,990,000 | -- | $688 / Sq Ft |
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 | $820,000 | -- | |
| Deed | $642,000 | -- |
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 |
|---|---|---|---|
| Open | $164,000 | No Value Available | |
| Open | $656,000 | No Value Available | |
| Closed | $164,000 | No Value Available | |
| Closed | $28,824 | No Value Available | |
| Previous Owner | $500,000 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 503939
APN: 00800-0022
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Ask me questions while you tour the home.