#L3589059, Listing Office: Island Advantage Realty LLC
354 54th St Brooklyn, NY 11220
Property details
About 354 54th St
Endless Potential in Prime Sunset Park – Legal Two-Family Trilevel Gem Welcome to this rare opportunity in the heart of Brooklyn’s vibrant Sunset Park! This legal two-family home offers incredible upside with available air rights, making it a true diamond in the rough for end-users, investors, or developers. Spanning four levels, this property features four spacious bedrooms and two full bathrooms. The first floor welcomes you with a street-level entry, a cozy living room, eat-in kitchen, and bonus storage room. Upstairs, the second and third floors each host two well-proportioned bedrooms and a full bath, ideal for flexible living or rental configurations. Let's not for get the 450sf basement with outside entrance. The partially finished basement is framed with original stone walls, adding character and untapped potential for a recreation room, office, or workshop. Outside, enjoy an extended backyard with plenty of space to create your own urban oasis. The property is 16.67ft x 100ft. In addition the property is zoned for (B9) & (R6B) with air rights. Located just half a block from 4th Avenue, you’re steps from shops, restaurants, and the R train station—plus minutes to major hospitals, the Belt Parkway, and bustling 8th Avenue retail corridor. School District 20 With great bones, historic charm, and tons of development potential, this property is your chance to create something truly special in one of Brooklyn’s most dynamic neighborhoods. Don't miss out—this one won't last!
Highlights
Summary
- MLS Number: 848552
- MLS Name: ONEKEY2
- Office Name: Douglas Elliman Real Estate
- Office Phone: (516) 432-3400
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/15/2025, 11:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
354 54th St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
P.S. 244 Richard R. Green School
Public District PK-5
0.1 mi
•5404 Tilden Ave
5
P.S. 135 Sheldon A. Brookner School
Public District KG-5
0.4 mi
•684 Linden Blvd
6
Ivy Hill Preparatory Charter School
Public Charter KG-2
0.5 mi
•475 E 57th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,886. The majority of Brooklyn, NY residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 354 54th St
This home is located at 354 54th St in Brooklyn, NY and zip code 11203 in the East Flatbush neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $1,150,000.
In March 2025, from all listings sold in Brooklyn, NY there were more than 22 sold above asking price, over 156 sold below and more than 171 were sold right at the asked price. Between February and March 2025, Brooklyn, NY real estate market has seen increase in the number of listings by 3.8%. In March 2025, listings were on the market for 142 days. During the same period, the median list price in this real estate market was $995,066.