For sale

Price cut: $40K (8/18)

$1,659,000

524 51st St, Brooklyn, NY 11220

8beds

2,820sqft

Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$588/sqft

$-- HOA

What's special

Full basement

Attached 2-family home situated on a 20x100 lot with a building size of 20x47. This income-producing property features a full basement and offers excellent potential for both investors and owner-occupants. Conveniently located near public transportation, shopping, restaurants, and schools, providing easy access to everyday necessities. Low property taxes enhance affordability and investment returns. A great opportunity to enjoy comfortable living while benefiting from strong rental income in a highly desirable neighborhood.

63 days

669

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Hot Water

Appliances

Included: Refrigerator, Stove, Gas Water Heater

Features

Flooring: Tile
Basement: Full

Interior area

Total structure area: 2,820
Total interior livable area: 2,820 sqft

Property

Parking

Parking features: None

Features

Stories: 2

Lot

Size: 2,003 Square Feet
Dimensions: 20x100

Details

Foundation area: 940
Parcel number: 008000016
Zoning: R6B
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Stone, Masonry
Foundation: Stone
Roof: Flat

Condition

Year built: 1910

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $588/sqft
Tax assessed value: $1,279,000
Annual tax amount: $2,712
Date on market: 6/22/2026
Cumulative days on market: 63 days

Estimated market value

Not available

Estimated sales range

Not available

$3,002/mo

Price history

Date	Event	Price
8/18/2026	Price change	$1,659,000-2.4%$588/sqft
Source: BNYMLS #502477 Report a problem
6/22/2026	Listed for sale	$1,699,000+149.9%$602/sqft
Source: BNYMLS #502477 Report a problem
5/19/2008	Sold	$680,000$241/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,708 +4.6%	$76,740 +2.7%
2024	$2,590	$74,700 -12.4%
2023	--	$85,260 +25.8%
2022	--	$67,800 -8.8%
2021	--	$74,340 -17.5%
2020	$2,408 +5.8%	$90,120 +25.8%
2019	$2,275 +2%	$71,640 +572.2%
2018	$2,229 +8.7%	$10,657 +5.9%
2017	$2,051 +8.1%	$10,059 +6%
2016	$1,898	$9,492 +0.1%
2015	$1,898 +65.8%	$9,478 +5.8%
2014	$1,145	$8,956 +0.8%
2013	--	$8,881 +5.9%
2012	--	$8,383 +6%
2011	--	$7,910 +0.1%
2010	--	$7,899 +5.8%
2009	--	$7,464 +0.9%
2008	--	$7,401 +5.9%
2007	--	$6,986 +6%
2006	--	$6,592 +0.1%
2005	--	$6,583 +5.8%
2004	--	$6,220 +0.8%
2003	--	$6,168 +5.9%
2002	--	$5,822 +6%
2001	--	$5,494 +0.1%
2000	--	$5,486