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$1,850,000

559 50th St Brooklyn, NY 11220

16 beds
7 full
Multi-Family

Property details

About 559 50th St

Location!Location!Location! Sunset Park Great Investment. 6 families with huge 7% return. 4 units will be delivered vacant. 2 units tenant occupied paying rent on time. Each floor has 2 units. 1st floor and 3rd floor units are 3 beds 1bath. 2nd floor units are 2 beds 1 bath.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Year built1907
ParkingOther, Street
MLS #494263
FireplaceStove

Summary

  • Full Bathrooms: 7
  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood
  • Fireplace: Stove
  • Total Bedroom Count: 16
  • Parking: Other, Street
  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)
  • List Price: $1,850,000
  • Annual Tax Amount: $15,304
  • Tax Year: 2024
  • Year Built: 1907
  • Stories: 3
  • MLS Number: 494263
  • Office Name: Ashford Homes LLC

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 7/19/2025, 7:45:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 03, 2004
Home Sold
$485,000

Tax history

YearAssessmentProperty Tax
2024$405,000$15,304
2023$375,300$14,175
2021$344,700$11,930
2019$377,550$12,130
2018$87,217$10,276
2017$80,796$9,644

History based on county public records data.

Nearby schools

4

P.S. 94 The Henry Longfellow School

Public District KG-5

0.1 mi

5010 6th Ave

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

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 $34,661. The majority of Brooklyn, NY residents have income less than $<35k annually. 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?

50%
<35k
41%
35k-100k
7%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
16%
Single, with Kids
19%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
34%
35-64 yrs old
6%
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 559 50th St

The listing price of 559 50th St property is $1,850,000.

The property 559 50th St is a multi located in Brooklyn, New York, 11220.

Active Listing: 559 50th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 559 50th St are: P.S. 94 The Henry Longfellow School (GreatSchools Rating 4/10), Brooklyn Rise Charter School (GreatSchools Rating 5/10), Leep Dual Language Academy Charter School (GreatSchools Rating 7/10), J.H.S. 220 John J Pershing (GreatSchools Rating 7/10), Intermediate School 136 Charles O Dewey (GreatSchools Rating 2/10), Sunset Park Preparatory (GreatSchools Rating 5/10), Sunset Park High School (GreatSchools Rating 4/10), West Brooklyn Community High School (GreatSchools Rating 3/10), High School of Telecommunications Arts and Technology (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $15,304 (source: MLS/based on county public records data).

The last sale was on May 3, 2004 for $485,000 (source: MLS/tax record).

The year of construction for 559 50th St is 1907.

This home is located at 559 50th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. Features: 16 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $1,850,000.

While more than 44 listings in Brooklyn, NY in June 2025 were sold above asking price, there were more than 293 listings sold at asking price, and more than 155 were sold below. The number of listings in Brooklyn, NY decreased by 5% between May and June 2025. 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.

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