All Photos have been digitally enhanced to represent your renovation.Located in the highly sought-after Old Mill Basin section of Brooklyn, this legal 3-family brick semi-detached home offers exceptional space, versatility, and income-producing potential. Situated on a beautiful tree-lined block, this property features three separate units, making it ideal for investors, or owner-occupants looking to offset expenses with rental income.Property highlights include: Legal 3-Family Solid Brick Semi-Detached Construction Prime Old Mill Basin Location Quiet, Tree-Lined Residential Block Two Private Driveways with Ample Off-Street Parking Excellent Opportunity for Investment or Multi-Generational Living Convenient Access to Shopping, Schools, Parks, Transportation, and Major RoadwaysWhether you're looking to expand your investment portfolio or secure a spacious multi-family property in one of Brooklyn's most desirable neighborhoods, this is an opportunity not to be missed.Bring your vision and make this legal 3-family brick home your masterpiece! Design the kitchen you've always wanted, create beautiful new bathrooms, update the finishes, and customize every space to fit your lifestyle. With great bones, a prime Old Mill Basin location, and endless potential, this is your chance to create something truly special.
Sold for $708,702
$708,702
1261 E 54th St, Brooklyn, NY 11234
5beds
--sqft
Multi Family
Built in 1960
-- sqft lot
$1,076,300 Zestimate®
$--/sqft
$3,464 Estimated rent
Home value
$1,076,300
$1.02M - $1.13M
$3,464/mo
Zestimate® history
Owner options
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$3,464/mo
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$3,464/mo
Rent Zestimate®
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$4,525/mo
Est. payment
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$4,525/mo
Est. payment
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List your homeWhat's special
Beautiful tree-lined blockQuiet tree-lined residential block
Zillow last checked:
Source: Douglas Elliman,MLS#: 1020452
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
Lot
- Size: 2,613 Square Feet
Details
- Parcel number: 078020021
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Condition
- Year built: 1960
Community & HOA
Community
- Subdivision: Brooklyn Other
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,027,000
- Annual tax amount: $9,455
- Date on market: 6/30/2026
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listing removed | $1,099,000 |
Source: | ||
| 6/30/2026 | Listed for sale | $1,099,000+55.1% |
Source: | ||
| 4/21/2025 | Sold | $708,702+28.9% |
Source: Public Record Report a problem | ||
| 10/3/2010 | Listing removed | $550,000 |
Source: WEICHERT REALTORS-HP GREENFIELD #352379 Report a problem | ||
| 5/8/2010 | Listed for sale | $550,000-5.2% |
Source: WEICHERT REALTORS-HP GREENFIELD #352379 Report a problem | ||
| 11/1/2009 | Listing removed | $580,000 |
Source: WEICHERT REALTORS-HP GREENFIELD #344509 Report a problem | ||
| 5/22/2009 | Listed for sale | $580,000-3.3% |
Source: WEICHERT REALTORS-HP GREENFIELD #344509 Report a problem | ||
| 3/28/2006 | Sold | $600,000+26.3% |
Source: Public Record Report a problem | ||
| 3/16/2005 | Sold | $475,000+92.3% |
Source: Public Record Report a problem | ||
| 9/14/1998 | Sold | $247,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,455 +4.7% | $61,620 -8.4% |
| 2024 | $9,029 | $67,260 -8.6% |
| 2023 | -- | $73,560 +15.4% |
| 2022 | -- | $63,720 +12.4% |
| 2021 | -- | $56,700 +34.2% |
| 2020 | $8,405 +6% | $42,240 |
| 2019 | $7,929 +7.3% | $42,240 +19.5% |
| 2018 | $7,393 +3.6% | $35,340 +1% |
| 2017 | $7,135 +6.7% | $35,001 +2.3% |
| 2016 | $6,687 | $34,200 |
| 2015 | $6,687 +77.7% | $34,200 +4.4% |
| 2014 | $3,763 | $32,770 +6% |
| 2013 | -- | $30,916 +6% |
| 2012 | -- | $29,168 +2.3% |
| 2011 | -- | $28,500 -1.5% |
| 2010 | -- | $28,946 +6% |
| 2009 | -- | $27,309 +6% |
| 2008 | -- | $25,764 +6% |
| 2007 | -- | $24,307 |
| 2006 | -- | $24,307 +0.8% |
| 2005 | -- | $24,122 +6% |
| 2004 | -- | $22,758 +6% |
| 2003 | -- | $21,470 +6% |
| 2002 | -- | $20,256 |
| 2001 | -- | $20,256 +0.8% |
| 2000 | -- | $20,102 |
Find assessor info on the county website
Neighborhood: Flatlands
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Nearby schools
GreatSchools rating
- 8/10Ps 203 Floyd BennettGrades: PK-5Distance: 0.4 mi
- 6/10Jhs 78 Roy H MannGrades: 6-8Distance: 0.7 mi
- 6/10Midwood High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,076,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,076,300