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$1,648,000

524 54th St Brooklyn, NY 11220

3 full
2,988 sqft
$552 / sqft
Multi-Family

Property details

About 524 54th St

Welcome to a solid brick, attached 3 family home located in the heart of vibrant Sunset Park, Brooklyn. Sitting on a 20x100 lot with a 20x47 building size, this well-configured property offers excellent flexibility and income potential. The top floor features a spacious 3-bedroom, 1-bath unit with great natural light and a comfortable layout ideal for end-users or renters. The second floor offers a well-proportioned 2-bedroom, 1-bath apartment, while the first floor includes a cozy 1-bedroom, 1-bath unit with interior access to a full basement—perfect for recreation, storage, or potential expansion. Ideally situated near both 8th Avenue and 5th Avenue, you’re just minutes away from a wide array of local shopping, restaurants, supermarkets, and services, along with convenient access to the subway and multiple bus lines. This is a rare opportunity to own a versatile three-family home in one of Brooklyn’s most dynamic and fast-growing neighborhoods.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size2,988 sqft
BasementYes
Year built1910
MLS #494169

Summary

  • Full Bathrooms: 3
  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Parking: None
  • Exterior: None
  • Heating: Steam, Natural Gas
  • Cooling: None
  • List Price: $1,648,000
  • Price/SqFt: $551
  • Annual Tax Amount: $8,267
  • Tax Year: 2024
  • Year Built: 1910
  • Stories: 3
  • Living Area: 2,988 SqFt
  • MLS Number: 494169
  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/16/2025, 9:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$93,960$8,267
2023$98,400$8,188
2021$82,080$15,220
2019$87,240$7,654
2018$35,140$6,462
2017$33,171$5,951

History based on county public records data.

Nearby schools

7

Leep Dual Language Academy Charter School

Public Charter KG-2

0.0 mi

5323 5th Ave Fl AVE-2nd

5

Brooklyn Rise Charter School

Public Charter KG-2

0.1 mi

475 53rd St Fl ST-2nd

4

P.S. 94 The Henry Longfellow School

Public District KG-5

0.2 mi

5010 6th Ave

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 $31,207. Most Brooklyn, NY residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

57%
<35k
34%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

31%
Single, No Kids
17%
Single, with Kids
22%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
33%
18-34 yrs old
36%
35-64 yrs old
7%
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
  • Boston MarketBoston Market

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

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Frequently asked questions

About 524 54th St

The listing price of 524 54th St property is $1,648,000.

The property 524 54th St is a multi located in Brooklyn, New York, 11220.

Active Listing: 524 54th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 524 54th St are: Leep Dual Language Academy Charter School (GreatSchools Rating 7/10), Brooklyn Rise Charter School (GreatSchools Rating 5/10), P.S. 94 The Henry Longfellow School (GreatSchools Rating 4/10), PS 936 (GreatSchools Rating 8/10), J.H.S. 220 John J Pershing (GreatSchools Rating 7/10), Intermediate School 136 Charles O Dewey (GreatSchools Rating 2/10), High School of Telecommunications Arts and Technology (GreatSchools Rating 6/10), Sunset Park High School (GreatSchools Rating 4/10), West Brooklyn Community High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $8,267 (source: MLS/based on county public records data).

The property 524 54th St is 2,988 SqFt (source: MLS/tax record).

The year of construction for 524 54th St is 1910.

This home is located at 524 54th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,988 square foot home was built in 1910. Features: 3 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $1,648,000.

In June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. The number of listings in Brooklyn, NY decreased by 5% between May and June 2025. The median list price of listings available in June 2025 was $1,019,077, while the average time on the real estate market was 92 days.

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

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