559 E 51st St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $15,526/month
About This Home
Detached six families house 5 units of two bedrooms, and 1 of bedroom unit closed to school, walk to subway n line, supermarket & restourrans.3 floor plus basement, brick building included 2+ cars private parking on the back. Share driveway with a lock gate. Zoning r6b c2.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,067
Lot Details
- 2,604 Sq Ft Lot
- Lot Dimensions are 100 x 26
Home Design
- Brick Exterior Construction
- Poured Concrete
- Stucco Exterior
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- 7 Full Bathrooms
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Block 792
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $6,500
- Insurance Expense $7,500
- Utility Expense $540
- Gross Income $160,000
- Net Operating Income $122,393
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 | $6,423 | $60,540 | $17,700 | $42,840 |
| 2024 | $6,423 | $63,840 | $17,700 | $46,140 |
| 2023 | $6,128 | $56,400 | $17,700 | $38,700 |
| 2022 | $5,682 | $46,140 | $17,700 | $28,440 |
| 2021 | $5,990 | $36,300 | $17,700 | $18,600 |
| 2020 | $2,955 | $31,260 | $17,700 | $13,560 |
| 2019 | $5,575 | $31,260 | $17,700 | $13,560 |
| 2018 | $5,125 | $25,143 | $11,307 | $13,836 |
| 2017 | $4,835 | $23,720 | $11,760 | $11,960 |
| 2016 | $4,742 | $23,720 | $12,002 | $11,718 |
| 2015 | $2,699 | $23,540 | $16,428 | $7,112 |
| 2014 | $2,699 | $22,208 | $14,283 | $7,925 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $2,700,000 | -6.3% | -- |
| 03/18/2025 03/18/25 | For Sale | $2,880,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $489,500 | -- | |
| Deed | $489,500 | -- | |
| Deed | $315,000 | -- | |
| Deed | $315,000 | -- | |
| Foreclosure Deed | $550,478 | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $550,478 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $395,000 | -- | |
| Deed | $395,000 | -- | |
| Deed | $185,000 | Commonwealth Land Title Ins | |
| Deed | $185,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $391,600 | Purchase Money Mortgage | |
| Closed | $391,600 | Purchase Money Mortgage | |
| Previous Owner | $79,000 | No Value Available | |
| Previous Owner | $316,000 | Purchase Money Mortgage | |
| Previous Owner | $175,750 | Purchase Money Mortgage | |
| Closed | $0 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 490146
APN: 04736-0062
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