Prime Sunset Park | Semi-Detached Brick Two-Family | R6 Zoning | Exceptional Investment Opportunity An outstanding opportunity for investors, builders, developers, and owner-occupants in the highly desirable Sunset Park neighborhood of Brooklyn. This semi-detached brick two-family property offers tremendous potential for renovation, income-producing investment, or future redevelopment, subject to zoning regulations and applicable NYC Department of Buildings approvals. Situated on an approximately 25’ × 100’ lot, the property features a building measuring approximately 20’ × 52’, a finished basement, a spacious backyard, a shared driveway, and a two-car garage. With its R6 zoning designation and desirable residential location, this property presents an excellent opportunity for buyers seeking to maximize its existing potential or explore future development possibilities. Ideally located just off 8th Avenue, the property is conveniently surrounded by the neighborhood’s vibrant commercial district, featuring popular restaurants, supermarkets, retail shops, schools, parks, and public transportation. Whether you are an investor seeking long-term value, a homeowner looking for rental income, or a builder exploring redevelopment opportunities, this property offers versatility and significant potential in one of Brooklyn’s established residential communities. A prime opportunity in Sunset Park with location, flexibility, and investment potential. Bring your vision and unlock the possibilities!
For sale
$2,480,000
879 54th St, Brooklyn, NY 11220
--beds
2,208sqft
Multi Family
Built in 1910
-- sqft lot
$1,793,900 Zestimate®
$1,123/sqft
$-- HOA
What's special
Spacious backyardSemi-detached brick two-family propertyFinished basementShared drivewayTwo-car garage
- 7 hours
- 83
- 8
Zillow last checked:
Listing updated:
Listed by:
Tiger Realty 917-708-9966,
Kun (John) Wu 917-749-2449
Source: BNYMLS,MLS#: 505366
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Natural Gas, Hot Water
Cooling
- Has cooling: Yes
Appliances
- Included: Refrigerator, Stove, Gas Water Heater
Features
- Flooring: Hardwood, Tile, Other
- Basement: Finished,Full,Separate Entrance
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
Property
Parking
- Total spaces: 2
- Parking features: Shared Drive, 2 Spaces
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 2,504 Square Feet
- Dimensions: 25x100
- Features: Back Yard
Details
- Foundation area: 1040
- Parcel number: 056650045
- Zoning: R6
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- 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: $1,123/sqft
- Tax assessed value: $1,786,000
- Annual tax amount: $10,191
- Date on market: 10/16/2026
Estimated market value
$1,793,900
$1.54M - $2.05M
$3,073/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $2,480,000+8.8%$1,123/sqft |
Source: | ||
| 1/16/2018 | Listing removed | $2,280,000$1,033/sqft |
Source: EXIT Realty Professionals #412308 Report a problem | ||
| 7/20/2017 | Listed for sale | $2,280,000+688.9%$1,033/sqft |
Source: EXIT Realty Professionals #412308 Report a problem | ||
| 9/22/1998 | Sold | $289,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,124 +4.7% | $107,160 +9.4% |
| 2024 | $9,672 | $97,980 -17.9% |
| 2023 | -- | $119,280 +13.3% |
| 2022 | -- | $105,240 +6.6% |
| 2021 | -- | $98,700 -5.7% |
| 2020 | $9,000 +6% | $104,700 |
| 2019 | $8,494 +6.9% | $104,700 +175.7% |
| 2018 | $7,944 +8.8% | $37,977 +6% |
| 2017 | $7,304 +4.7% | $35,830 +0.5% |
| 2016 | $6,974 | $35,665 +0.7% |
| 2015 | $6,974 +71.1% | $35,432 +6% |
| 2014 | $4,077 | $33,440 +5.7% |
| 2013 | -- | $31,648 +6% |
| 2012 | -- | $29,859 +0.5% |
| 2011 | -- | $29,721 +0.7% |
| 2010 | -- | $29,527 +6% |
| 2009 | -- | $27,867 +5.7% |
| 2008 | -- | $26,374 +6% |
| 2007 | -- | $24,883 +0.5% |
| 2006 | -- | $24,768 +0.7% |
| 2005 | -- | $24,606 +6% |
| 2004 | -- | $23,223 +5.7% |
| 2003 | -- | $21,979 +6% |
| 2002 | -- | $20,736 +0.5% |
| 2001 | -- | $20,640 +0.7% |
| 2000 | -- | $20,505 |
Find assessor info on the county website



