Milton Coste

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(917) 416-7433

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823 54th Street

Pending · Listing by Compass

823 54th Street

Sunset Park, Brooklyn

$2,000,000

Pending For Sale • Multi Family

$2,000,000

$943 per sq ft

823 54th Street

Sunset Park, Brooklyn

MLS® #RLS20103475

RLS at REBNY

Listing by Compass

5
Bedrooms
2
Baths
2,120
Sq. Ft.
1905
Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Living Area 2,120 sq ft
Lot Size 2,003 sq ft
Year Built 1905
Ownership None
Property Taxes $8,040/yr
Neighborhood Sunset Park
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1905)

Property Details

Type Multi Family
Ownership None
Total Rooms 4
Baths 2 Full
Floor 1 of 2
Pets Yes
Year Built 1905
Living Area 2,120 sq ft
Structure Type MultiFamily
Furnished Partially
Lot Size 2,003 sq ft
Parcel # 05665-0069
Block/Lot 05665/0069

Listing History

Event Date Price Change
Listed May 17, 2026 $2,000,000 -
Currently Sep 25, 2026 $2,000,000 -

Description

This 2 family brick building is located in one of the most desirable neighborhoods in Brooklyn. Conveniently close to the N train, B9 MTA bus line, restaurants, and supermarkets. Featuring R6 Zoning, this property offers great potential for developers, investors, or end users looking to create their dream home. A rare opportunity in a prime location.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure MultiFamily

Financial Details

RE Taxes $8,040/yr ($670/mo)

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

12

Median Asking Price

$895K

Median $/Sqft

$687

Avg Days on Market

N/A

New This Week

1

Price Reduced

8%

Sold (30 Days)

3

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 9/25/26, 9:29 AM EST

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Location

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823 54th Street, Sunset Park, Kings County

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
2
Floors
3
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $103,620
Land Value: $23,760
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,003 SF
Building Area: 2,168 SF
Built FAR: 1.08
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $8,040, or roughly $670 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 2 full bathrooms.

The listed interior living area is 2,120 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1905, making it approximately 121 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $2,000,000 for 2,120 sq ft, the asking price per square foot is approximately $943. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20103475
First Listed: 7/14/2026
On Market: 5/17/2026
Price Changed: 7/14/2026
Pending Since: 7/30/2026
Contract Date: 5/15/2026

Listing Courtesy of Compass - Hui Yu

Listing Contact: (917) 292-9995

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/25/2026 at 1:29 PM UTC

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Sunset Park Market Update

3 sales last 30 days · $895K median · 4 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending
Type Multi Family Neighborhood Sunset Park Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1905
First Listed 7/14/2026
Living Area 2,120 sqft
Annual Tax $8,040

Monthly Costs Estimate

Down Payment 20%

$400,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $670
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$25,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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