816 53rd St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $7,870/month
Highlights
- Wood Flooring
- Detached Garage
- Hot Water Heating System
- P.S. 160 William T Sampson School Rated A-
- Multiple cooling system units
- Back and Front Yard
About This Home
Rare Residential & Commercial Conversion Opportunity Near Brooklyn’s 8th Avenue Chinatown!
Welcome to 816 56th Street, Brooklyn, a unique one-family home with excellent commercial conversion potential, ideally located just minutes from the vibrant 8th Avenue commercial corridor in the heart of Brooklyn’s Chinatown.
The property features 4 bedrooms and 3 bathrooms, with two stories plus a basement, along with a private garage in the rear.
One of the property’s strongest features is its R6/C1-3 zoning, offering tremendous flexibility and potential for commercial or mixed-use conversion, subject to applicable zoning regulations and approvals. Ideal for investors, developers, business owners, or end users looking to establish a retail, restaurant, office, service, or other permitted commercial use in one of Brooklyn’s busiest commercial neighborhoods.
Excellent location near 8th Avenue shopping, restaurants, supermarkets, transportation (B70, B11, B9, B16 Buses and N, R, W, D Trains), and neighborhood amenities.
Use it as a home, convert for business use, or explore its redevelopment potential — a rare opportunity in a prime Brooklyn location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,426
Year Built
- Built in 1915
Lot Details
- 1,302 Sq Ft Lot
- Lot Dimensions are 100 x 13
- Back and Front Yard
- Property is zoned R6, C1-3
Parking
- Detached Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 884 Sq Ft Home
- 2-Story Property
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5665
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 | $6,585 | $62,520 | $14,640 | $47,880 |
| 2025 | $6,217 | $70,740 | $14,640 | $56,100 |
| 2024 | $6,217 | $55,860 | $14,640 | $41,220 |
| 2023 | $5,938 | $49,080 | $14,640 | $34,440 |
| 2022 | $5,246 | $49,860 | $14,640 | $35,220 |
| 2021 | $5,763 | $54,780 | $14,640 | $40,140 |
| 2020 | $5,487 | $51,660 | $14,640 | $37,020 |
| 2019 | $5,103 | $57,120 | $14,640 | $42,480 |
| 2018 | $4,669 | $24,364 | $6,554 | $17,810 |
| 2017 | $4,667 | $24,364 | $6,591 | $17,773 |
| 2016 | $4,513 | $24,124 | $7,489 | $16,635 |
| 2015 | $2,552 | $22,767 | $9,377 | $13,390 |
| 2014 | $2,552 | $21,496 | $10,061 | $11,435 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2026 09/11/26 | Price Changed | $1,299,000 | -7.1% | $1,469 / Sq Ft | |
| 08/14/2026 08/14/26 | For Sale | $1,399,000 | +41.3% | $1,583 / Sq Ft | |
| 07/06/2022 07/06/22 | Sold | $990,000 | -- | $952 / Sq Ft | View Prior Sale |
| 03/13/2022 03/13/22 | Pending | -- | -- | -- |
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 | $990,000 | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $290,000 | -- | |
| Executors Deed | $155,000 | Commonwealth Land Title Ins |
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 | $594,000 | Purchase Money Mortgage | |
| Previous Owner | $95,000 | Unknown | |
| Closed | $188,000 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 503713
APN: 05665-0013
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.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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