$10,000

closing credit¹

974 54th St Brooklyn, NY 11219

$1,680,000
6 full
Multi-Family

Property details

About 974 54th St

Large 6-family brick building in the center of Sunset Park, close to 8th Ave Brooklyn Chinatown. lot: 25x100, building:25x72. 3 three bedrooms and 3 two bedrooms apartments. Current rental Income: $102,467/year. Total expense: $33,065/year. Net income:$69,402/year. This is a great opportunity to own a building in Sunset Park/Borough Park neighborhood. Good for investment.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
CoolingOther
BasementYes
ParkingNone, None
MLS #487488
FireplaceOther

Summary

  • MLS Number: 487488
  • Office Name: E House Realty & Mgt. Inc.

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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: 2/1/2025, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,680,000

974 54th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 03, 2004
Home Sold
$440,000

Tax history

YearAssessmentProperty Tax
2024$437,400$16,826
2023$508,500$16,293
2021$386,100$13,715
2019$423,450$12,913
2018$100,250$11,811
2017$92,862$11,088

History based on county public records data.

Nearby schools

7

P.S. 160 William T. Sampson School

Public District KG-5

0.2 mi

5105 Fort Hamilton Pkwy

8

P.S. 105 Blythebourne School

Public District KG-5

0.2 mi

1031 59th St

9

The School for Future Leaders

Public District KG-5

0.4 mi

942 62nd 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 $22,037. Most Brooklyn, NY residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

62%
<35k
24%
35k-100k
12%
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?

37%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
32%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 974 54th St in Brooklyn, NY and zip code 11219 in the Sunset Park neighborhood. Features: 6 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $1,680,000.

While more than 40 listings in Brooklyn, NY in December 2024 were sold above asking price, there were more than 257 listings sold at asking price, and more than 178 were sold below. In December 2024 in Brooklyn, NY there were 10.4% less homes for sale than in November. While the average time on the market in December 2024 was 88 days, the median list price was $987,395.

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

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