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$1,099,000
Property Description
All Photos have been digitally enhanced to represent your renovation. Located in the highly sought-after Old Mill Basin section of Brooklyn, this legal 3-family brick semi-detached home offers exceptional space, versatility, and income-producing potential. Situated on a beautiful tree-lined block, this property features three separate units, making it ideal for investors, or owner-occupants looking to offset expenses with rental income. Property highlights include: "¢ Legal 3-Family "¢ Solid Brick Semi-Detached Construction "¢ Prime Old Mill Basin Location "¢ Quiet, Tree-Lined Residential Block "¢ Two Private Driveways with Ample Off-Street Parking "¢ Excellent Opportunity for Investment or Multi-Generational Living "¢ Convenient Access to Shopping, Schools, Parks, Transportation, and Major Roadways Whether you're looking to expand your investment portfolio or secure a spacious multi-family property in one of Brooklyn's most desirable neighborhoods, this is an opportunity not to be missed. Bring your vision and make this legal 3-family brick home your masterpiece! Design the kitchen you've always wanted, create beautiful new bathrooms, update the finishes, and customize every space to fit your lifestyle. With great bones, a prime Old Mill Basin location, and endless potential, this is your chance to create something truly special.
Full Property Details
Full Property Details for 1261 E 54th St
General
- Price: $1,099,000
- Taxes: $9,339
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1020452
- Updated: 7/2/2026
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Original Details
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 2
- Parking Features: Private
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 22
- Elementary School: Ps 203 Floyd Bennett School
- Middle School: James Madison High School
- High School: Midwood High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 2680
- Square Feet: 2,680
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Dimensions: 25 x 100
Financial Considerations
- Tax Amount: $9,339.68
Disclosures and Reports
- Special Conditions: None
- Property ID: 07802-0021
Listed by Douglas Elliman Real Estate
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Schools
Schools serving 1261 E 54th St
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 203 Floyd Bennett 5101 Avenue M, Brooklyn, NY 11234 | K-5 | 0.4 mi |
Jhs 78 Roy H Mann 1420 East 68 Street, Brooklyn, NY 11234 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1261 E 54th St
Date
Details
Price
Change
Source
6/30/2026
Listed
$1,099,000
55.07%
MLS
4/09/2025
Sold
$708,702
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1261 E 54th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,570
—
$76,680
61%
2025
$9,570
6%
$47,649
-29%
2024
$9,029
6%
$67,260
-9%
2023
$8,518
—
$73,560
15%
2022
$8,530
-51%
$63,720
12%
2021
$17,274
106%
$56,700
34%
2020
$8,405
6%
$42,240
—
2019
$7,929
11%
$42,240
20%
2017
$7,135
—
$35,340
1%
2017
$7,135
4%
$35,001
2%
2016
$6,837
2%
$34,200
—
2015
$6,687
7%
$34,200
4%
2015
$6,278
25%
$32,770
6%
2013
$5,017
—
$30,916
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1261 E 54th St
1261 E 54th Street, Brooklyn, NY 11234 (MLS# 1020452) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 1261 E 54th Street is currently listed for $1,099,000 and was received on June 30, 2026. Want to learn more about 1261 E 54th Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.
