$1,580,000

368 54th St Brooklyn, NY 11220

$10,000
Closing credit¹
4 full
Multi-Family

Property details

About 368 54th St

This legal two-family, four-story home with a full attic offers excellent investment potential. The first floor is 20x55 and rents for $1,600/month, while the second floor is 20x40 and rents for $1,200/month. The third floor is also 20x40 and rents for $1,600/month. The fourth floor is currently vacant. The property has a completed attic and very low property taxes at just $4,835 per year. Ideal for both investment and personal use, this home provides strong rental income and is located in a desirable area.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Year built1901
ParkingNone, Other
MLS #489985
FireplaceStove

Summary

  • MLS Number: 489985
  • Office Name: E House Realty & Mgt. Inc.

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Last updated on: 3/14/2025, 11:20:47 PM 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 facade featuring cooling unit

$1,580,000

368 54th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 03, 2004
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$88,620$4,835
2023$94,440$4,576
2021$72,360$8,942
2019$84,480$4,493
2018$18,987$3,971
2017$18,750$3,539

History based on county public records data.

Nearby schools

5

Brooklyn Rise Charter School

Public Charter KG-2

0.2 mi

475 53rd St Fl ST-2nd

7

Leep Dual Language Academy Charter School

Public Charter KG-2

0.2 mi

5323 5th Ave Fl AVE-2nd

4

P.S. 503: The School Of Discovery

Public District KG-5

0.2 mi

330 59th St

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 $42,043. The majority of Brooklyn, NY residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
50%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
22%
Single, with Kids
15%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • PopeyesPopeyes
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 368 54th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. Features: 4 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,580,000.

In February 2025, from all listings sold in Brooklyn, NY there were more than 41 sold above asking price, over 158 sold below and more than 162 were sold right at the asked price. In February 2025 in Brooklyn, NY there were 3% less homes for sale than in January. While the average time on the market in February 2025 was 132 days, the median list price was $995,000.

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

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