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Sold for $760,000
  • $760,000

    1787 E 51st St, Brooklyn, NY 11234

    6beds
    1,980sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $1,040,600 Zestimate®
    $384/sqft
    $3,586 Estimated rent

    Home value

    $1,040,600

    $937,000 - $1.14M

    $3,586/mo

    Zestimate® history
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    $3,586/mo

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    $3,586/mo

    Rent Zestimate®

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    $4,492/mo

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    $4,492/mo

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    What's special

    This property represents a promising investment opportunity in Old Mill Basin. With its legal detached two-family layout, private driveway, and garage, it offers multiple avenues for generating income and maximizing returns. For investors, the potential for rental income from two separate units presents a lucrative prospect. With some renovation and TLC, you can enhance the property's appeal to tenants, thereby increasing rental yields and long-term profitability. Furthermore, the location in Old Mill Basin provides a strong foundation for investment success. The neighborhood's amenities, proximity to transportation, and community appeal make it a desirable area for renters, ensuring a steady demand for housing. Whether you're looking to diversify your investment portfolio or establish a foothold in the Brooklyn real estate market, this property offers an attractive opportunity to generate passive income and build wealth over time.

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles D'Alessandro 646-921-2241,

    BHHS Fillmore R.E.

    Source: BNYMLS,MLS#: 455218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Steam/Radiator
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Other
    • Basement: Finished,Full
    Interior area
    • Total structure area: 1,980
    • Total interior livable area: 1,980 sqft

    Property

    Parking
    • Parking features: Private Drive, Detached Garage
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 2,700 Square Feet
    • Dimensions: 27x100
    • Features: Back Yard, Front Yard
    Details
    • Foundation area: 990
    • Parcel number: 078960006
    • Zoning: R3-2
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Other
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Year built: 1899

    Utilities & green energy

    • Electric: 220 Volts, Circuit Breakers

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $746,000
    • Annual tax amount: $7,331
    • Date on market: 9/1/2021
    • Cumulative days on market: 1093 days

    Price history

    DateEventPrice
    10/25/2024Sold$760,000-7.4%$384/sqft
    Source: BNYMLS #455218 Report a problem
    8/29/2024Pending sale$821,000$415/sqft
    Source: BNYMLS #455218 Report a problem
    5/13/2024Listed for sale$821,000$415/sqft
    Source: BNYMLS #455218 Report a problem
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    11/7/2023Pending sale$821,000$415/sqft
    Source: StreetEasy Report a problem
    11/7/2023Listing removed--
    Source: StreetEasy Report a problem
    10/17/2023Pending sale$821,000$415/sqft
    Source: StreetEasy Report a problem
    10/17/2023Listing removed--
    Source: StreetEasy Report a problem
    10/26/2021Pending sale$821,000$415/sqft
    Source: StreetEasy Report a problem
    10/26/2021Listed for sale$821,000$415/sqft
    Source: StreetEasy Report a problem
    10/26/2021Pending sale$821,000$415/sqft
    Source: StreetEasy Report a problem
    9/1/2021Listed for sale$821,000$415/sqft
    Source: BNYMLS #455218 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,895 +4.7%$44,760 -15%
    2024$7,539 $52,680 -15.5%
    2023-- $62,340 +23.4%
    2022-- $50,520 -2.1%
    2021-- $51,600 +19.6%
    2020$7,018 +6%$43,140 +3.6%
    2019$6,621 +7.3%$41,640 +41.1%
    2018$6,173 +4.3%$29,509 +1.7%
    2017$5,918 +4.2%$29,030
    2016$5,677 $29,030 +5.1%
    2015$5,677 +71.9%$27,629 +6%
    2014$3,303 $26,066 +6%
    2013-- $24,591 +1.6%
    2012-- $24,192
    2011-- $24,192 +5.1%
    2010-- $23,025 +6%
    2009-- $21,722 +6%
    2008-- $20,493 +1.7%
    2007-- $20,160
    2006-- $20,160 +5.1%
    2005-- $19,188 +6%
    2004-- $18,102 +6%
    2003-- $17,078 +1.7%
    2002-- $16,800
    2001-- $16,800 +5.1%
    2000-- $15,990
    Find assessor info on the county website

    Neighborhood: Flatlands

    Nearby schools

    GreatSchools rating