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  • $895,000

    550 E 88th St, Brooklyn, NY 11236

    5beds
    2,859sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $953,100 Zestimate®
    $313/sqft
    $3,554 Estimated rent

    Home value

    $953,100

    $877,000 - $1.03M

    $3,554/mo

    Zestimate® history
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    What's special

    This renovated, solid brick & massive two family bldg has been meticulously well maintained. It consists of a large 3br over 2br apartments over a walk-in finished basement, built-in garage+driveway, enclosed rear yard for your private entertainment, near countless shopping centers such as BJ’s and L train station. This property offers an abundant cash flow, ideal for any investor or anyone who wants to live rent free. Walkup first floor will be delivered vacant. Please, do not disturb the tenants! Contact How To Sell for more details & showing. Total monthly income: $7200

    Zillow last checked:

    Listing updated:

    Listed by:

    Carl Andre,

    How To Sell Realty

    Source: StreetEasy,MLS#: S1731289

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bike Room
    Interior area
    • Total structure area: 2,859
    • Total interior livable area: 2,859 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Accessibility
    • Accessibility features: Wheelchair Access
    Features
    • Patio & porch: Other
    • Exterior features: Courtyard
    Details
    • Parcel number: 079660062
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1965

    Community & HOA

    Community
    • Subdivision: Canarsie
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $839,000
    • Annual tax amount: $7,992
    • Date on market: 8/25/2024

    Price history

    DateEventPrice
    1/22/2025Listing removed$1,059,000$370/sqft
    Source: BNYMLS #487543 Report a problem
    12/2/2024Price change$1,059,000-0.9%$370/sqft
    Source: BNYMLS #487543 Report a problem
    11/25/2024Price change$1,069,000-0.9%$374/sqft
    Source: BNYMLS #487543 Report a problem
    11/20/2024Listed for sale$1,079,000+20.6%$377/sqft
    Source: BNYMLS #487543 Report a problem
    10/23/2024Sold$895,000-14.8%$313/sqft
    Source: StreetEasy #S1731289 Report a problem
    10/8/2024Price change$1,049,999-1.4%$367/sqft
    Source: BNYMLS #486341 Report a problem
    10/2/2024Price change$1,065,000-0.9%$373/sqft
    Source: BNYMLS #486341 Report a problem
    8/25/2024Listed for sale$1,075,000+168.8%$376/sqft
    Source: StreetEasy #1731289 Report a problem
    10/3/2017Sold$400,000$140/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,367 +2.1%$50,340 +26.5%
    2024$8,196 $39,780 -17.8%
    2023-- $48,420 +11.3%
    2022-- $43,500 +8.5%
    2021-- $40,080 -22.9%
    2020$7,630 +6%$51,960
    2019$7,198 +4.1%$51,960 +57.2%
    2018$6,915 +8.8%$33,056 +6%
    2017$6,357 +23.6%$31,185
    2016$5,144 $31,185 +3.8%
    2015$5,144 +76.4%$30,038 +6%
    2014$2,916 $28,339 +2.9%
    2013-- $27,547 +6%
    2012-- $25,988
    2011-- $25,988 +3.8%
    2010-- $25,032 +6%
    2009-- $23,616 +2.9%
    2008-- $22,956 +6%
    2007-- $21,657
    2006-- $21,657 +3.8%
    2005-- $20,860 +6%
    2004-- $19,680 +2.9%
    2003-- $19,130 +6%
    2002-- $18,048
    2001-- $18,048 +3.8%
    2000-- $17,384
    Find assessor info on the county website

    Neighborhood: Canarsie

    Nearby schools

    GreatSchools rating