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$5,880,000
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Property Description
Exceptional investment opportunity in Sunset Park! This package deal includes two properties: a semi-detached 2-family brick house at 829 54th Street and the adjacent house at 833 54th Street. TOGETHER THEY OFFER A COMBINED 60x100 LOT AREA with a total buildable potential of 28,800 sq ft, making it a rare and valuable development prospect. The property at 829 54th Street offers a building size of 2,286 sq ft (20 x 66 ft) on a 20 x 100 ft lot, with 9,600 sq ft of buildable space and annual property tax of $9,153. The second property at 833 54th Street features a building size of 3,354 sq ft (20 x 51 ft) on a 40 x 100 ft lot, with R6 zoning allowing for 19,200 sq ft of buildable space. It includes a private driveway, garage, and annual property tax of $10,391. BOTH PROPERTIES WILL BE DELIVERED VACANT. Don't miss out on this unique opportunity!
Full Property Details
Full Property Details for 829-833 54th St
General
- Price: $5,880,000
- Taxes: $9,153
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 814767
- Updated: 1/17/2025
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Other
- Flooring: Hardwood
Parking
- Parking Features: None
Location
- County: Kings (Brooklyn)
- Cross Streets: 8th Ave
School Information
- High School District: Brooklyn 20
- Elementary School: Ps 160 William T Sampson
- Middle School: Jhs 220 John J Pershing
- High School: Franklin D Roosevelt High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Hot Water
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Architectural Style: Other
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Year Built: 1920
Lot Features
- Lot Size (Sq. Ft.): 2,003
- Lot Dimensions: 20 x 100.17
Financial Considerations
- Tax Amount: $9,153
Disclosures and Reports
- Special Conditions: None
- Property ID: 05665-0066
- Block: 5665
- Lot Number: 66
Listed by RE/MAX Edge
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Price & Sales History for 829-833 54th St
Date
Details
Price
Change
Source
1/17/2025
Listed
$5,880,000
553.33%
MLS
2/22/2012
Sold
$900,000
—
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 829-833 54th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,153
2%
$109,440
3%
2023
$8,996
3%
$105,780
9%
2022
$8,692
-52%
$97,080
10%
2021
$17,943
111%
$87,900
5%
2020
$8,513
6%
$83,520
—
2019
$8,039
11%
$83,520
124%
2017
$7,270
—
$37,324
5%
2017
$7,270
2%
$35,665
—
2016
$7,102
8%
$35,524
6%
2015
$6,554
22%
$33,516
6%
2014
$5,372
11%
$31,648
2%
2013
$4,826
—
$31,104
—
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 829-833 54th St
829-833 54th Street, Brooklyn, NY 11220 (MLS# 814767) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 829-833 54th Street is currently listed for $5,880,000 and was received on January 17, 2025. Want to learn more about 829-833 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.