$749,000

1708 E 54th St Brooklyn, NY 11234

$8,894
Closing credit¹
7 beds
3 full, 1 partial
2,300 sqft
$326 / sqft
Multi-Family

Property details

About 1708 E 54th St

Nestled on a charming residential block, this brick 3-family home in prime Old Mill Basin offers an exceptional investment opportunity, priced under market value for a quick sale. The property features a diverse layout: a one-bedroom unit and a two-bedroom unit on the first floor, a spacious four-bedroom apartment on the second floor complete with a front patio and rear yard access, and a semi-finished basement ideal for storage, a recreation room, or a home office with a convenient half bath and separate entrance. This well-maintained building spans 20’ x 58’ on a 20’ x 100’ lot and is fully tenant-occupied, ensuring immediate rental income. Perfect for a 1031 Exchange! With its appealing mix of unit sizes and excellent access to transportation, this property promises both comfort and convenience for its residents and a lucrative opportunity for discerning buyers.

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size2,300 sqft
BasementYes
Year built1920
MLS #483763
FireplaceStove

Summary

  • MLS Number: 483763
  • Office Name: Century 21 Homefront Realty

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Last updated on: 3/13/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$749,000

1708 E 54th St

$8,894

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 14, 2006
Home Sold
$650,000

Tax history

YearAssessmentProperty Tax
2024$47,280$6,143
2023$58,020$6,096
2021$49,560$11,371
2019$54,180$5,395
2018$25,295$4,864
2017$23,864$4,500

History based on county public records data.

Nearby schools

7

P.S. 203 Floyd Bennett School

Public District KG-5

0.4 mi

5101 Avenue M

8

P.S. 236 Mill Basin School

Public District PK-5

0.5 mi

6302 Avenue U

8

P.S. 312 Bergen Beach School

Public District PK-5

0.8 mi

7103 Avenue T

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $95,000. The majority of Brooklyn, NY residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

18%
<35k
34%
35k-100k
43%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
16%
Single, with Kids
18%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1708 E 54th St in Brooklyn, NY and zip code 11234 in the Flatlands neighborhood. This 2,300 square foot home was built in 1920. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $749,000.

While more than 41 listings in Brooklyn, NY in February 2025 were sold above asking price, there were more than 162 listings sold at asking price, and more than 158 were sold below. In February 2025 in Brooklyn, NY there were 3% less homes for sale than in January. Listings spent 132 days on the market in February 2025, and had a median list price of $995,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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