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    538 54Th St Brooklyn, NY 11220

    For Sale
    $1,690,000

    Four-family home in vibrant Sunset Park, Brooklyn with income potential.

    Lot size:
    0.05 Acres

    Property Features for 538 54Th St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1910

    Source: RE/MAX Edge Agent Renzhang Danny Dong

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sunset Park Four-Family Home

    Located in Sunset Park, Brooklyn, this attached, solid brick four-family home is set on a 20x100 lot with a 20x46 building footprint. The property offers flexibility and income potential. The top floor features two apartments, front and rear, suitable for rental opportunities. The second floor contains a 3-bedroom, 1-bath unit with a layout. The first floor includes a 2-bedroom, 1-bath apartment with interior access to an unfinished full basement, suitable for storage, recreation, or future possibilities. The property is located minutes from 8th Avenue and 5th Avenue, surrounded by shopping, restaurants, supermarkets, and essential services, with access to the subway and multiple bus lines. This four-family property is located in a dynamic and fast-growing neighborhood.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.01186
    Latitude
    40.642113

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    FAQs

    What type of property is this?
    Quadplex - Four-family home in vibrant Sunset Park, Brooklyn with income potential.
    Where is this quadplex located?
    The property is located at 538 54Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - Four-family home in Sunset Park, Brooklyn, offering strong income potential.; - Prime location near 8th and 5th Avenues, providing convenient access to shopping, restaurants, and transportation.; - Spacious 3-bedroom, 1-bath unit on the second floor, suitable for both end-users and investors.
    (718) 612-3088
    Request Owner's contact information
    538 54Th St Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    538 54Th St Brooklyn, NY 11220
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