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For sale
  • $2,480,000

    879 54th St, Brooklyn, NY 11220

    --beds
    2,208sqft
    Loading
    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
    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!
    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#: 505366MLS Logo

      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

        DateEventPrice
        10/16/2026Listed for sale$2,480,000+8.8%$1,123/sqft
        Source: BNYMLS #505366 Report a problem
        1/16/2018Listing removed$2,280,000$1,033/sqft
        Source: EXIT Realty Professionals #412308 Report a problem
        7/20/2017Listed for sale$2,280,000+688.9%$1,033/sqft
        Source: EXIT Realty Professionals #412308 Report a problem
        9/22/1998Sold$289,000$131/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        93 / 100
        Walker's Paradise
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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