Excellent investment opportunity in a prime Borough Park location. This fully detached, solid brick 3-family home sits on an expansive 37' x 80' lot and features 4,500 sq. ft. of bright, open living space. Zoned R6, the property offers maximum flexibility and future potential. The owner’s unit features a spacious 6-bedroom duplex featuring original character, hardwood floors, 9ft. ceilings, stained glass windows, and ample built-in storage including a walk-in closet. Property also provides two spacious, high-income-producing rental apartments perfect for maximizing cash flow. The outside of the property includes a large porch, private backyard, private driveway, and a detached 1-car garage. It will be delivered fully vacant and ready for immediate occupancy or optimization. Asking $4.99M. We have the keys—schedule your viewing today.
Active
Price cut: $501K (8/28)
$4,999,000
1570 53rd St, Brooklyn, NY 11219
8beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$4,770,400 Zestimate®
$--/sqft
$-- HOA
What's special
Private backyardOriginal characterPrivate drivewayLarge porchWalk-in closetAmple built-in storageStained glass windows
- 65 days
- 507
- 3
Zillow last checked:
Listing updated:
Listed by:
H.P. Greenfield Real Estate 718-338-3380,
Gary Weiner
Source: StreetEasy,MLS#: S1836229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Flooring: Hardwood
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Balcony
Details
- Parcel number: 054770032
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Borough Park
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $3,049,000
- Annual tax amount: $13,651
- Date on market: 7/1/2026
Estimated market value
$4,770,400
$4.53M - $5.01M
$3,277/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $4,999,000-9.1% |
Source: StreetEasy #S1836229 Report a problem | ||
| 7/1/2026 | Listed for sale | $5,500,000 |
Source: StreetEasy #S1836229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,651 +4.7% | $182,940 +26.6% |
| 2024 | $13,040 | $144,480 -0.7% |
| 2023 | -- | $145,440 -6% |
| 2022 | -- | $154,680 -5.4% |
| 2021 | -- | $163,560 -0.4% |
| 2020 | $11,839 +6.1% | $164,280 -2.8% |
| 2019 | $11,156 +4.1% | $169,020 +229.9% |
| 2018 | $10,718 +8.7% | $51,237 +5.9% |
| 2017 | $9,860 +9.1% | $48,370 +1.2% |
| 2016 | $9,039 | $47,774 |
| 2015 | $9,039 +71.1% | $47,774 +6% |
| 2014 | $5,284 | $45,086 +5.6% |
| 2013 | -- | $42,698 +5.9% |
| 2012 | -- | $40,309 +1.2% |
| 2011 | -- | $39,812 |
| 2010 | -- | $39,812 +6% |
| 2009 | -- | $37,572 +5.6% |
| 2008 | -- | $35,582 +5.9% |
| 2007 | -- | $33,591 +1.2% |
| 2006 | -- | $33,177 |
| 2005 | -- | $33,177 +6% |
| 2004 | -- | $31,310 +5.6% |
| 2003 | -- | $29,652 +5.9% |
| 2002 | -- | $27,993 +1.2% |
| 2001 | -- | $27,648 |
| 2000 | -- | $27,648 |
Find assessor info on the county website




