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Sold for $2,600,000
  • $2,600,000

    545 Brooklyn Ave, Brooklyn, NY 11225

    14beds
    4,620sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $2,809,300 Zestimate®
    $563/sqft
    $3,904 Estimated rent

    Home value

    $2,809,300

    $2.42M - $3.26M

    $3,904/mo

    Zestimate® history
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    $3,904/mo

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    $15,617/mo

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    $15,617/mo

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    What's special

    Gorgeous multifamily property with lots of space and air rights of 253.2 for additional floors. Currently stands at 3 stories can be built up to 6 or more. 2 store fronts in addition to 5 housing units. Great location to convert into condos. This is a corner lot property with a garage available for parking. Recently renovated 3 bedroom apartment features hardwood floors, modern kitchen, modern bathroom, formal living room, ample closet space, and close to transportation within walking distance of Wingate park. This is a not a not rent stabilized or rent control building, this is a market free building.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,620 sqft

    Property

    Parking
    • Total spaces: 1
    Lot
    • Size: 3,166 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 047980010

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Apartment
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $563/sqft
    • Tax assessed value: $1,044,000
    • Annual tax amount: $28,402
    • Inclusions: Oven/Range, Refrigerator

    Price history

    DateEventPrice
    4/17/2025Sold$2,600,000+2958.8%$563/sqft
    Source: Public Record Report a problem
    10/24/2024Sold$85,000-97.6%$18/sqft
    Source: Public Record Report a problem
    4/9/2021Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3211632 Report a problem
    9/20/2020Price change$3,500,000-14.6%$758/sqft
    Source: Belle Maison Realty Inc #3211632 Report a problem
    4/16/2020Listed for sale$4,100,000+163900%$887/sqft
    Source: Belle Maison Realty Inc #3211632 Report a problem
    2/20/1998Sold$2,500$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,402 +7.5%$469,800 -2.8%
    2024$26,432 $483,300 +20%
    2023-- $402,750 +4.1%
    2022-- $387,000 +25%
    2021-- $309,600 +3%
    2020$21,908 +8%$300,600 +20%
    2019$20,285 $250,560 +54.1%
    2018-- $162,630 +3.2%
    2017$20,044 +6.6%$157,589 +8%
    2016$18,798 $145,916 +8%
    2015$18,798 +27.5%$135,108 +8%
    2014$14,742 $125,100
    Find assessor info on the county website

    Neighborhood: Wingate

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ps 91 Albany Ave School (The)
    • District: Brooklyn 17

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.