Active

829 54th Street

Brooklyn NY, 11220

$5,880,000


$2,572.18 per sqft

Active

4 Beds

2 Baths

2,286 sqft

Multi-family

Built in 1910

ATTENTION DEVELOPERS! 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. Located in a highly desirable area, this package deal presents endless possibilities for developers and investors aiming to maximize returns. Don't miss out on this unique opportunity!

488471

MLSⓇ ID

January 8, 2025

Listed

January 16, 2025

Updated

Map

829 54th Street
Brooklyn NY, 11220

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Hardwood, Tile


Appliances

Gas Water Heater, Refrigerator, Cooktop


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Area Name

Brooklyn


Taxes

$9,153


Tax Frequency

Annually


Days on Market

8


Garage

No


View

No


County

Kings


Pool

No


Zoning

R6

Listing History

Date

Event

Price

1/14/2025

Price change

$5,880,000

180%

Listed by Kelly Wu with RE/MAX Edge
Listing Contact: 7186123088 

Based on information from Brooklyn Board of REALTORS®. Data last updated 1/16/2025. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Brooklyn Board of REALTORS®. All rights reserved.

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