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.
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