5 months on rocket

1708 E 54th St, Brooklyn, NY, 11234

$789,000

Home List Price

$9,369*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
2,300 SqFt
$343/SqFt
Multi

Location

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1708 E 54th St, Brooklyn$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingHot Water, Natural Gas
BasementYes
FireplaceStove
MLS #483763
StatusActive

About 1708 E 54th St

Nestled on a charming residential block, this brick 3-family home in prime Old Mill Basin offers an exceptional investment opportunity, priced under market value for a quick sale. The property features a diverse layout: a one-bedroom unit and a two-bedroom unit on the first floor, a spacious four-bedroom apartment on the second floor complete with a front patio and rear yard access, and a semi-finished basement ideal for storage, a recreation room, or a home office with a convenient half bath and separate entrance. This well-maintained building spans 20’ x 58’ on a 20’ x 100’ lot and is fully tenant-occupied, ensuring immediate rental income. Perfect for a 1031 Exchange! With its appealing mix of unit sizes and excellent access to transportation, this property promises both comfort and convenience for its residents and a lucrative opportunity for discerning buyers.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: Century 21 Homefront Realty

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Porch, Terrace

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $343/SqFt

Tax Information:

  • Annual Amount: $5,395
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

1708 E 54th St vs Brooklyn

161 DAYS ON ROCKET

+64 Days

$789,000

-$195.4K Less

$343/SqFt

-$354 Less

KEY TAKEAWAY

This property is $195.4K less than the Median Sold Price and $354/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #483763

Listing Office:

  • Office Name: Century 21 Homefront Realty

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 2:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2006Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,395$54,180
2019$5,395$54,180
2018$4,865$25,295
2017$4,501$23,864

History based on county public records data.

Payment Calculator

$4,005

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-497935
8
/10

  • P.S. 203 Floyd Bennett School

  • 5101 Avenue M

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-497936
8
/10

  • P.S. 236 Mill Basin School

  • 6302 Avenue U

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-497937
7
/10

  • P.S. 312 Bergen Beach School

  • 7103 Avenue T

  • 0.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,000. The majority of Brooklyn, NY residents have income between $100k-200k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11234›1708 E 54th St

This home is located at 1708 E 54th St in Brooklyn, NY and zip code 11234 in the Flatlands neighborhood. This 2,300 square foot home was built in 1920. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $789,000.

Brooklyn, NY housing market in October 2024 saw over 50 listings sold above listed price, more than 217 sold at listed price and over 169 sold below. Between September 2024 and October 2024, Brooklyn, NY real estate market has seen increase in the number of listings by 0.1%. Listings spent 97 days on the market in October 2024, and had a median list price of $984,431 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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