MUST SELL!! MOTIVATED SELLER!! TREMENDOUS OPPORTUNITY IF YOU HAVE A 1031 EXCHANGE THAT YOU NEED TO ACQUIRE ANOTHER PROPERTY. BUILDING IS BRICK, CLEAN AND READY FOR ITS NEXT OWNER. The Sunset Park Area has undertaken major growth ! Close to NYU Langone / Lutheran Hospital, Schools, House of Worship, Public Transportation, Shopping and the beautiful Brooklyn Waterfront and Parks within walking distance.
Five apartments currently occupied, owner occupies one apartment, which will be delivered vacant.
If you're looking for a Multi-family with Investment this is a must see Property!!!
Rents:
1F- $1,800.00
1R- $ 837.08
2F- $ 839.74
2R- $905.58
3R- $969.77
3F- 1,452.20
Future Increases 2.5% every 2 years . 2 units will be having an increase in less than 6 months.
Sold for $901,468
$901,468
222 E 53rd St, Brooklyn, NY 11203
11beds
4,320sqft
MultiFamily
Built in 1908
-- sqft lot
$1,322,600 Zestimate®
$209/sqft
$3,024 Estimated rent
Home value
$1,322,600
$1.12M - $1.55M
$3,024/mo
Zestimate® history
Owner options
List your home for rent
$3,024/mo
Rent Zestimate®
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$3,024/mo
Rent Zestimate®
Refinance and save
$5,431/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,431/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total interior livable area: 4,320 sqft
Property
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 046580020
- Zoning: M1-2D
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1908
Utilities & green energy
- Electric: 200 Amp
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $457,000
- Annual tax amount: $12,566
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $901,468-43.2%$209/sqft |
Source: Public Record Report a problem | ||
| 10/1/2020 | Listing removed | $1,588,000$368/sqft |
Source: RE/MAX Real Estate Professionals #430669 Report a problem | ||
| 6/26/2020 | Price change | $1,588,000+5.9%$368/sqft |
Source: RE/MAX Real Estate Professiona #430669 Report a problem | ||
| 6/24/2020 | Price change | $1,500,000-5.5%$347/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 5/5/2020 | Price change | $1,588,000+5.9%$368/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 4/28/2020 | Price change | $1,500,000-5.5%$347/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 4/25/2020 | Price change | $1,588,000+5.9%$368/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 4/24/2020 | Price change | $1,500,000-5.5%$347/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 12/31/2019 | Price change | $1,588,000+5.9%$368/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 6/7/2019 | Listed for sale | $1,500,000+130.8%$347/sqft |
Source: Remax Real Estate Professionals Report a problem | ||
| 3/4/2009 | Sold | $650,000$150/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,566 +7.4% | $205,650 +6.5% |
| 2024 | $11,695 | $193,050 +8.6% |
| 2023 | -- | $177,750 -3.2% |
| 2022 | -- | $183,600 +24% |
| 2021 | -- | $148,050 +9.2% |
| 2020 | $9,693 +8% | $135,540 |
| 2019 | $8,975 | $135,540 +93.3% |
| 2018 | -- | $70,129 +8% |
| 2017 | $8,259 -0.7% | $64,935 +0.6% |
| 2016 | $8,317 | $64,560 +8% |
| 2015 | $8,317 +65.3% | $59,778 +8% |
| 2014 | $5,032 | $55,350 +2.6% |
| 2013 | -- | $53,946 +8% |
| 2012 | -- | $49,950 -10.3% |
| 2011 | -- | $55,693 |
| 2010 | -- | $55,693 +3.3% |
| 2009 | -- | $53,922 +7.9% |
| 2008 | -- | $49,952 +8% |
| 2007 | -- | $46,268 +8% |
| 2006 | -- | $42,841 |
| 2005 | -- | $42,841 +3.3% |
| 2004 | -- | $41,479 +7.9% |
| 2003 | -- | $38,425 +8% |
| 2002 | -- | $35,591 +8% |
| 2001 | -- | $32,955 |
| 2000 | -- | $32,955 |
Find assessor info on the county website
Neighborhood: East Flatbush
Nearby homes
- $--1 bd1 ba-- sqft222 E 53rd St #P2, Brooklyn, NY 11203Off Market
- $--2 bd1 ba-- sqft222 E 53rd St #2A, Brooklyn, NY 11203Off Market
- $--1 bd1 ba-- sqft222 E 53rd St #1A, Brooklyn, NY 11203Off Market
- $--2 bd1 ba-- sqft222 E 53rd St #B1, Brooklyn, NY 11203Off Market
- $--2 bd1 ba-- sqft222 E 53rd St #B2, Brooklyn, NY 11203Off Market
- $--2 bd2 ba-- sqft222 E 53rd St #2C, Brooklyn, NY 11203Off Market
- $--2 bd2 ba-- sqft222 E 53rd St #2D, Brooklyn, NY 11203Off Market
- $--2 bd1 ba-- sqft222 E 53rd St FLOOR 2, Brooklyn, NY 11203Off Market
Nearby schools
GreatSchools rating
- 5/10Ps 268 Emma LazarusGrades: PK-5Distance: 0.2 mi
- 8/10Middle School of Media Law and Fine Arts (The)Grades: 6-8Distance: 0.3 mi
- NAEast Brooklyn Community High SchoolGrades: 9-12Distance: 0.5 mi
