#494038, Listing office: Real Broker NY LLC
Property details
About 538 54th St
Welcome to a solid brick, attached 4 family home located in the heart of vibrant Sunset Park, Brooklyn. Set on a 20x100 lot with a 20x46 building footprint, this property offers excellent flexibility and strong income potential. The top floor features 2 family, front and rear apartment, perfect for rental opportunities. The second floor offers a spacious 3-bedroom, 1-bath unit with a practical layout ideal for end-users or investors. On the first floor, you’ll find a 2-bedroom, 1-bath apartment with interior access to an unfinished full basement—great for storage, recreation, or future possibilities. Conveniently located just minutes from both 8th Avenue and 5th Avenue, this property is surrounded by a wide variety of local shopping, restaurants, supermarkets, and essential services, along with easy access to the subway and multiple bus lines. This is a rare chance to own a versatile four-family property in one of Brooklyn’s most dynamic and fast-growing neighborhoods.
Highlights
Home typeMulti Family
HeatingSteam, Oil
StatusActive
Size2,928 sqft
BasementYes
Year built1910
ParkingNone, Street
MLS #494168
Summary
- Full Bathrooms: 4
- Appliances: None
- Basement: Yes
- Flooring Type: Hardwood
- Total Bedroom Count: 7
- Attached Garage: No
- Parking: None, Street
- Exterior: None
- Heating: Steam, Oil
- Cooling: None
- List Price: $1,690,000
- Price/SqFt: $577
- Annual Tax Amount: $8,156
- Tax Year: 2024
- Year Built: 1910
- Stories: 3
- Living Area: 2,928 SqFt
- MLS Number: 494168
- Office Name: RE/MAX Edge
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $87,300 | $8,156 |
| 2023 | $96,360 | $8,156 |
| 2021 | $80,400 | $15,819 |
| 2019 | $90,840 | $7,592 |
| 2018 | $33,840 | $6,761 |
| 2017 | $33,171 | $6,261 |
History based on county public records data.
Nearby schools
7
Leep Dual Language Academy Charter School
Public Charter KG-2
0.1 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.
Neighborhood
The neighbors living near this home have an average income of $31,207. Most Brooklyn, NY residents have annual incomes less than $<35k. The most common type of family is 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 Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
#490543, Listing office: Momentum Real Estate LLC
6 days on Rocket
#494091, Listing office: Ben Bay Realty Co of Bay Ridge
#494033, Listing office: Pride Estates
#488051, Listing office: Tiger Realty
#493948, Listing office: RE/MAX Real Estate Professiona
#492690, Listing office: Tiger Realty
#487540, Listing office: Century 21 Realty First
#L3582950, Listing office: Winzone Realty Inc
#484907, Listing office: RE/MAX Edge
Frequently asked questions
About 538 54th St
The listing price of 538 54th St property is $1,690,000.
The property 538 54th St is a multi located in Brooklyn, New York, 11220.
Active Listing: 538 54th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 538 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 $8,156 (source: MLS/based on county public records data).
The property 538 54th St is 2,928 SqFt (source: MLS/tax record).
The year of construction for 538 54th St is 1910.
This home is located at 538 54th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,928 square foot home was built in 1910. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $1,690,000.
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 inventory of homes for sale in Brooklyn, NY between May and June 2025 decreased by 5%. While the average time on the market in June 2025 was 92 days, the median list price was $1,019,077.
From Rocket Homes Real Estate and based on county public records data.