Detached Single-Family
1531 E 54th Street Brooklyn, NY 11234
For Sale
$725,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,302 SF
Lot Size0.05 Acres
Price / SF$556.84
Days on Market133
Property Features for 1531 E 54th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,302 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6412
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Parquet Wood, Laminate
- Building materials
- Wood Frame
- Architectural style
- Other
Listing Agency:
Pride Estates
(718) 569-2888
Listed By:
Alice Lee
(718) 569-2888
Added: Mar 16
Changed: Jul 11
Last Checked: Jul 26 at 9:06PM
MLS# 499642
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully detached single-family home offers generous interior space across three floors, including a living room, formal dining area, and an eat-in kitchen with granite countertops and stainless steel appliances. The half bath is located on the main level, and the upper floor includes three bedrooms with an additional 3/4 bathroom. A finished basement is accessible from the kitchen and provides two bonus rooms, an open laundry/utility area, and another 3/4 bathroom with flexible space for guests, a home office, or recreation.
The home features brand-new Pella windows installed throughout and includes a private carport plus a backyard. It is located near Avenue N shopping, dining, and transportation, with access to the B41 and Flatbush Avenue bus lines.
Set on a 20' x 100' lot, the main level is described as an extra-deep 14' x 47', adding to the home’s layout and room proportions.
The home features brand-new Pella windows installed throughout and includes a private carport plus a backyard. It is located near Avenue N shopping, dining, and transportation, with access to the B41 and Flatbush Avenue bus lines.
Set on a 20' x 100' lot, the main level is described as an extra-deep 14' x 47', adding to the home’s layout and room proportions.
Key Highlights
- Fully detached single‑family home built in 1920 with 3 bedrooms and multiple finished living areas
- 3 bathrooms total, including one on every floor (plus a 3/4 bath upstairs and another 3/4 bath in the finished basement)
- Private carport and an extra‑deep main level measuring 14' x 47' on a 20' x 100' lot
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $56.64 |
| − Vacancy | −$1.5k | −$1.13 |
| EGI | $72.3k | $55.51 |
| − OpEx | −$32.5k | −$24.98 |
| NOI | $39.7k | $30.53 |
1,302 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$567.8K
$496.9K – $662.5K
NOI $39,749 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.08M
$943.3K – $1.26M
NOI $75,464 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Fully detached home with three bathrooms, brand-new Pella windows, a private carport, and a finished basement with additional rooms.
Where is this single family property located?
The property is located at 1531 E 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Fully detached single‑family home built in 1920 with 3 bedrooms and multiple finished living areas; 3 bathrooms total, including one on every floor (plus a 3/4 bath upstairs and another 3/4 bath in the finished basement); Private carport and an extra‑deep main level measuring 14' x 47' on a 20' x 100' lot
