1500 E 51st Street, Brooklyn, NY 11234 - Photo 1

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$827,000 Sale Pending

For Sale
Pending
Multi-Family
5 Total Beds
1 Car Garage
Updated 10 days ago

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Property Description

Opportunity knocks in Old Mill Basin! This beautifully renovated and fully occupied, two-family home in Old Mill Basin offers immediate rental income and modern comfort. The property features an open floor plan with a spacious living room and eat-in kitchen in each unit, complete with stainless steel appliances. The upper unit offers 2 bedrooms and 2 full bathrooms, while the lower unit includes 3 bedrooms and 2 full bathrooms, providing ample space and functionality. Additional highlights include: central air, a private driveway, and a backyard perfect for gatherings. All tenants are on month-to-month leases with a total monthly rent roll of $7,899. A turnkey opportunity in a desirable Brooklyn neighborhood.

Full Property Details

Full Property Details for 1500 E 51st St

General

Price: $827,000
Taxes: $6,102
Status: Pending
Type: Multi-Family
Source: Long_Island
MLS ID: 896773
Updated: 1/6/2026
Added to Site: 167 day(s) ago

Interior

Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Parking

Garage: Yes
Garage Spaces: 1

Location

County: Kings (Brooklyn)
Cross Streets: Avenue K

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Baseboard

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

Detached/Attached: Detached
Construction: Frame, Vinyl Siding
Basement: Yes
Basement Desc.: Finished, Full Basement
Building Size: 1568
Square Feet: 1,568
Year Built: 1920

Lot Features

Lot Size (Acres): 0.0555
Lot Size (Sq. Ft.): 2,267

Financial Considerations

Tax Amount: $6,102.44

Disclosures and Reports

Special Conditions: Probate Listing
Property ID: 07830-0076

Listed by Legacy Estate Realty

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— 1500 E 51st St —

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917-635-3980

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Schools

Schools serving 1500 E 51st 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	0.2 mi
Jhs 78 Roy H Mann 1420 East 68 Street, Brooklyn, NY 11234	6-8	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 E 51st St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/02/2025

Listed

$827,000

91.88%

MLS

8/20/2020

Sold

$431,000

—

Public Record

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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 1500 E 51st St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,102

6%

$30,383

-31%

2024

$5,757

1%

$43,740

-14%

2023

$5,699

4%

$51,120

19%

2022

$5,501

-51%

$43,020

-1%

2021

$11,296

111%

$43,500

—

2020

$5,359

6%

$43,320

—

2019

$5,056

10%

$43,320

83%

2017

$4,601

—

$23,644

5%

2017

$4,601

3%

$22,572

1%

2016

$4,471

8%

$22,364

6%

2015

$4,126

8%

$21,099

6%

2015

$3,813

11%

$19,905

1%

2013

$3,424

—

$19,704

—

View All

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 1500 E 51st St

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1500 E 51st Street, Brooklyn, NY 11234 (MLS# 896773) is a Multi-Family property with 2 units containing 5 bedrooms and 4 full bathrooms. 1500 E 51st Street is currently listed for $827,000 and was received on August 02, 2025. Want to learn more about 1500 E 51st 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.

1500 E 51st St Brooklyn, NY 11234