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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
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    $3,464/mo

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    $4,525/mo

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    $4,525/mo

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    What's special

    Beautiful tree-lined blockQuiet tree-lined residential block
    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.

    Zillow last checked:

    Source: Douglas Elliman,MLS#: 1020452MLS Logo

    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

    DateEventPrice
    8/3/2026Listing removed$1,099,000
    Source: Douglas Elliman #1020452 Report a problem
    6/30/2026Listed for sale$1,099,000+55.1%
    Source: OneKey® MLS as distributed by MLS GRID #1020452 Report a problem
    4/21/2025Sold$708,702+28.9%
    Source: Public Record Report a problem
    10/3/2010Listing removed$550,000
    Source: WEICHERT REALTORS-HP GREENFIELD #352379 Report a problem
    5/8/2010Listed for sale$550,000-5.2%
    Source: WEICHERT REALTORS-HP GREENFIELD #352379 Report a problem
    11/1/2009Listing removed$580,000
    Source: WEICHERT REALTORS-HP GREENFIELD #344509 Report a problem
    5/22/2009Listed for sale$580,000-3.3%
    Source: WEICHERT REALTORS-HP GREENFIELD #344509 Report a problem
    3/28/2006Sold$600,000+26.3%
    Source: Public Record Report a problem
    3/16/2005Sold$475,000+92.3%
    Source: Public Record Report a problem
    9/14/1998Sold$247,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
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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