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$2,999,000
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Property Description
NOT RENT-STABILIZED. NOT RENT-CONTROLLED. FULLY FREE-MARKET BUILDING. Introducing a prime opportunity nestled in the heart of Sunset Park: a versatile mixed-use building featuring 6 residential units and 2 commercial units newly built in 2009. This property offers 4 stories and a basement. The 1st floor and basement, each spanning 20 × 80, serve as 2 community office spaces, providing ample room for various businesses. There is an elevator available between the 1st floor and the basement. The upper floors, measuring 20 × 58 each, have 2 units per floor at the front and rear, each unit has 2 bedrooms and 1 bathroom. The rear unit on the 2nd floor features an expansive 500 sqft terrace, ideal for relaxation and enjoying the neighborhood surroundings. Additionally, the units on the 3rd and 4th floors all feature balconies. Each unit enjoys separate utilities, ensuring convenience and efficiency for residents and commercial occupants alike. The property's location is ideal, situated near the vibrant business district of 5th Avenue and just minutes away from the lively 8th Avenue Chinatown, and enjoy easy access to a diverse array of amenities, including shopping, restaurants, hospitals, banks, and more. Transportation is a breeze, with access to the N and R trains, as well as the B63, B11, and B9 buses. Don't miss out on this outstanding opportunity to invest in a well-appointed mixed-use building in one of Brooklyn's most dynamic neighborhoods.
Full Property Details
Full Property Details for 519 53rd St
General
- Price: $2,999,000
- Taxes: $14,078
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 829740
- Updated: 2/28/2025
- Added to Site: 326 day(s) ago
Business
- Business Type: Mixed
Location
- County: Kings (Brooklyn)
- Cross Streets: 5th Av
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Other
- Water: Other
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 6680
- Square Feet: 6,680
- Year Built: 1901
Lot Features
- Lot Size (Sq. Ft.): 2,003
- Zoning: R6B
Financial Considerations
- Tax Amount: $14,078
Disclosures and Reports
- Special Conditions: None
- Property ID: 00808-0068
- Block: 808
- Lot Number: 68
Listed by RE/MAX Edge
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Schools
Schools serving 519 53rd St
School District:New York City Geographic School District 15
| Name | Grades | Distance |
|---|---|---|
Ps 94 The Henry Longfellow 5010 6th Avenue, Brooklyn, NY 11220 | K-5 | 0.1 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 519 53rd St
Date
Details
Price
Change
Source
2/28/2025
Listed
$2,999,000
265.99%
MLS
5/23/2018
Sold
$819,416
—
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 519 53rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,202
8%
$121,616
-63%
2024
$14,078
—
$327,600
-20%
2023
$14,078
5%
$409,500
-20%
2022
$13,385
8%
$511,650
9%
2021
$12,394
6%
$470,700
-8%
2020
$11,669
8%
$513,450
-1%
2019
$10,804
1%
$518,850
499%
2017
$10,676
—
$86,621
3%
2017
$10,676
7%
$83,935
8%
2016
$10,019
8%
$77,718
8%
2015
$9,271
6%
$71,962
8%
2014
$8,759
-2%
$66,632
—
2013
$8,951
—
$66,632
—
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 519 53rd St
519 53rd Street, Brooklyn, NY 11220 (MLS# 829740) is a Commercial property. 519 53rd Street is currently listed for $2,999,000 and was received on February 28, 2025. Want to learn more about 519 53rd Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

