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974 54th St, Brooklyn, NY, 11219

$1,680,000

Home List Price

$10,000*

Closing Credit

6 Full Baths
Multi

Location

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974 54th St, Brooklyn$1,680,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #487488
StatusActive

About 974 54th St

Large 6-family brick building in the center of Sunset Park, close to 8th Ave Brooklyn Chinatown. lot: 25x100, building:25x72. 3 three bedrooms and 3 two bedrooms apartments. Current rental Income: $102,467/year. Total expense: $33,065/year. Net income:$69,402/year. This is a great opportunity to own a building in Sunset Park/Borough Park neighborhood. Good for investment.

Property Details

Property Features

Property Information:

  • Stories: 3

Listing Office:

  • Office Name: E House Realty & Mgt. Inc.

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,680,000

Tax Information:

  • Annual Amount: $12,914
  • 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

974 54th St vs Brooklyn

1 DAY ON ROCKET

-96 Days

$1,680,000

+$695.5K More

KEY TAKEAWAY

This property is $695.5K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487488

Listing Office:

  • Office Name: E House Realty & Mgt. Inc.

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: 11/17/2024, 8:20:48 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

May 03, 2004Home Sold
$440,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,914$402,300
2019$12,913$423,450
2018$11,811$100,250
2017$11,088$92,862

History based on county public records data.

Payment Calculator

$8,452

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,103

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NMLS#3030

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-397022
7
/10

  • P.S. 160 William T. Sampson School

  • 5105 Fort Hamilton Pkwy

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-397023
8
/10

  • P.S. 105 Blythebourne School

  • 1031 59th St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-397024
9
/10

  • The School for Future Leaders

  • 942 62nd St

  • 0.40 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,037. The majority of Brooklyn, NY residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11219›974 54th St

This home is located at 974 54th St in Brooklyn, NY and zip code 11219 in the Sunset Park neighborhood. Features: 6 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $1,680,000.

While more than 50 listings in Brooklyn, NY in October 2024 were sold above asking price, there were more than 217 listings sold at asking price, and more than 169 were sold below. Between September 2024 and October 2024, Brooklyn, NY real estate market has seen increase in the number of listings by 0.1%. In October 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $984,431.

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

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