$10,000 Closing Credit¹
#486953, Listing Office: RE/MAX Edge
833 54th St Brooklyn, NY 11220
$5,880,000 List price
6 beds
3 full
3,354 sqft
$1,753 / sqft
Multi-Family
Property details
About 833 54th St
ATTENTION DEVELOPERS! Exceptional investment opportunity in Sunset Park! THIS PACKAGE DEAL includes 2 properties: a fully detached 3-family home at 833 54th Street and the adjacent house at 829 54th Street. TOGETHER THEY OFFER A COMBINED 60x100 LOT AREA with R6 ZONING and a total buildable potential of 28,800 sq ft, making it a rare and valuable development prospect. The property at 833 54th Street features a building size of 3,354 sq ft (20 x 51 ft) on a 40 x 100 ft lot, with R6 zoning allowing for 19,200 sq ft of buildable space. It includes a private driveway, garage, and annual property tax of $10,391. The second property at 829 54th Street offers a building size of 2,286 sq ft (20 x 66 ft) on a 20 x 100 ft lot, with 9,600 sq ft of buildable space and an annual property tax of $9,153. BOTH PROPERTIES WILL BE DELIVERED VACANT. Located in a highly desirable area, this package deal presents endless possibilities for developers and investors aiming to maximize returns. Don’t miss out on this unique opportunity!
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size3,354 sqft
BasementYes
Year built1910
ParkingDetached Garage, Private Drive
MLS #488472
FireplaceStove
Summary
- MLS Number: 488472
- 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.
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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: 2/1/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,880,000
833 54th St
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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 | $90,300 | $10,276 |
| 2023 | $109,260 | $10,276 |
| 2021 | $121,920 | $20,147 |
| 2019 | $114,360 | $9,562 |
| 2018 | $42,638 | $8,253 |
| 2017 | $40,488 | $7,974 |
History based on county public records data.
Nearby schools
8
School of Creativity and Innovation (The)
Public District PK-2
0.3 mi
•736 48th St
7
P.S. 160 William T. Sampson School
Public District KG-5
0.3 mi
•5105 Fort Hamilton Pkwy
8
P.S. 105 Blythebourne School
Public District KG-5
0.4 mi
•1031 59th 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 $30,444. The majority of Brooklyn, NY residents have income less than $<35k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
61%
<35k
33%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
24%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
40%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
8%
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
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This home is located at 833 54th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 3,354 square foot home was built in 1910. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $5,880,000.
Brooklyn, NY housing market in December 2024 saw over 40 listings sold above listed price, more than 257 sold at listed price and over 178 sold below. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November. The median list price of listings available in December 2024 was $987,395, while the average time on the real estate market was 88 days.
From Rocket Homes Real Estate and based on county public records data.