27 days on rocket

863 54th St, Brooklyn, NY, 11220

$2,288,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
2,360 SqFt
$969/SqFt
Multi

Location

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863 54th St, Brooklyn$2,288,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces, Community Drive
Garage2 spaces
Year Built1920
HeatingSteam, Oil
BasementYes
FireplaceStove
MLS #486998
StatusActive

About 863 54th St

Prime Sunset Park Location On 8Th Avenue! Proudly Presenting This Stunning Solid Brick Two-Family Home with Parking, Perfectly Positioned in One of Sunset Park’s Most Sought-After Areas. This Expansive Property Features A 20X68 Building on A 20X100.17 Lot, Boasting R6 Zoning, Which Offers Exceptional Development Potential. The Home Welcomes You with A Charming Front Patio Garden and Spans Two Stories, Offering A Versatile Layout: 3 Bedrooms Over 2 Bedrooms (Easily Convertible To 3), Extra-Large Living Rooms, Formal Dining Rooms, Eat-In Kitchens, And Full Bathrooms on Each Floor. High Ceilings Throughout, Including the Full Basement with Front and Rear Entrances, Enhance the Sense of Space. A 10-Foot Driveway Leads to a Two-Car Garage at the Rear. The Location Is Ultra-Convenient, just minutes From the N Train, Buses, Shopping, Restaurants, And Top-Rated Schools—Ps 160 And JHS 220. Best Of All, This Property Can Be Delivered Vacant! Don't Miss This Exceptional Opportunity to Own a Fantastic Home in A Prime Location!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,360 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2 Spaces, Community Drive

Utilities

Utilities Information:

  • Heating: Steam, Oil

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,288,000
  • Price Per SqFt: $969/SqFt

Tax Information:

  • Annual Amount: $8,856
  • 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

863 54th St vs Brooklyn

27 DAYS ON ROCKET

-70 Days

$2,288,000

+$1.3M More

$969/SqFt

+$272 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $272/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486998

Listing Office:

  • Office Name: RE/MAX Edge

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: 11/21/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,856$77,640
2019$8,856$77,640
2018$7,140$38,485
2017$6,986$36,494

History based on county public records data.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,926

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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-219178
7
/10

  • P.S. 160 William T. Sampson School

  • 5105 Fort Hamilton Pkwy

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-219179
8
/10

  • P.S. 105 Blythebourne School

  • 1031 59th St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-219180
8
/10

  • School of Creativity and Innovation (The)

  • 736 48th St

  • 0.34 miles

  • Public District Grades PK-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,444. The most common annual income of people living in Brooklyn, NY is less than $35k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11220›863 54th St

This home is located at 863 54th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,360 square foot home was built in 1920. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $2,288,000.

In October 2024 more than 50 listings in Brooklyn, NY were sold above the asking price. During the same period more than 217 listings were sold at asking price, while more than 169 were sold below. The number of listings in Brooklyn, NY increased by 0.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $984,431, while the average time on the real estate market was 97 days.

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

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