Opportunity knocks in Old Mill Basin! This beautifully renovated and fully occupied, two-family home in Old Mill Basin offers immediate rental income and modern comfort. The property features an open floor plan with a spacious living room and eat-in kitchen in each unit, complete with stainless steel appliances. The upper unit offers 2 bedrooms and 2 full bathrooms, while the lower unit includes 3 bedrooms and 2 full bathrooms, providing ample space and functionality. Additional highlights include: central air, a private driveway, and a backyard perfect for gatherings. All tenants are on month-to-month leases with a total monthly rent roll of $7,899. A turnkey opportunity in a desirable Brooklyn neighborhood.
Sold for $825,000
$825,000
1500 E 51st Street, Brooklyn, NY 11234
5beds
1,568sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$1,028,800 Zestimate®
$526/sqft
$3,133 Estimated rent
Home value
$1,028,800
$946,000 - $1.11M
$3,133/mo
Zestimate® history
Owner options
List your home for rent
$3,133/mo
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$3,133/mo
Rent Zestimate®
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$4,869/mo
Est. payment
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$4,869/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Elana Bernstein 917-635-3980,
Legacy Estate Realty 516-682-2803
Bought with:
Unrepresented Buyer
Buyer Representation Office
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 896773
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- Central Air
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Basement: Finished,Full
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 1
Lot
- Size: 2,267 Square Feet
Details
- Parcel number: 078300076
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $763,000
- Annual tax amount: $6,102
- Date on market: 8/2/2025
- Cumulative days on market: 157 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $825,000-13.2%$526/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #896773 Report a problem | ||
| 6/21/2022 | Sold | $950,000+120.9%$606/sqft |
Source: OneKey® MLS as distributed by MLS GRID #L3346787 Report a problem | ||
| 8/25/2020 | Sold | $430,000+1333.3%$274/sqft |
Source:  SIBOR #1136999 Report a problem | ||
| 7/10/2018 | Sold | $30,000+150%$19/sqft |
Source: Public Record Report a problem | ||
| 3/15/2013 | Sold | $12,000-97.6%$8/sqft |
Source: Public Record Report a problem | ||
| 11/4/2009 | Sold | $499,500$319/sqft |
Source: Public Record Report a problem | ||
| 11/29/2006 | Sold | $499,500+43.1%$319/sqft |
Source: Public Record Report a problem | ||
| 2/2/2005 | Sold | $349,000+86.6%$223/sqft |
Source: Public Record Report a problem | ||
| 3/4/1996 | Sold | $187,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,029 +4.7% | $45,780 +4.7% |
| 2024 | $5,757 | $43,740 -14.4% |
| 2023 | -- | $51,120 +18.8% |
| 2022 | -- | $43,020 -1.1% |
| 2021 | -- | $43,500 +0.4% |
| 2020 | $5,359 +6% | $43,320 |
| 2019 | $5,056 +2.2% | $43,320 +83.2% |
| 2018 | $4,946 +7.5% | $23,644 +4.7% |
| 2017 | $4,601 +5.2% | $22,572 +0.9% |
| 2016 | $4,373 | $22,364 +6% |
| 2015 | $4,373 +70.3% | $21,099 +6% |
| 2014 | $2,568 | $19,905 +1% |
| 2013 | -- | $19,704 +4.8% |
| 2012 | -- | $18,810 +0.9% |
| 2011 | -- | $18,637 +6% |
| 2010 | -- | $17,583 +6% |
| 2009 | -- | $16,588 +1% |
| 2008 | -- | $16,420 +4.8% |
| 2007 | -- | $15,675 +0.9% |
| 2006 | -- | $15,531 +6% |
| 2005 | -- | $14,653 +6% |
| 2004 | -- | $13,824 +1% |
| 2003 | -- | $13,684 +4.8% |
| 2002 | -- | $13,063 +0.9% |
| 2001 | -- | $12,943 +6% |
| 2000 | -- | $12,211 |
Find assessor info on the county website
Neighborhood: Flatlands
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