Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed January 28, 2025

1550 New York Avenue
Closed For Sale Duplex

$1,300,000

$576 per sq ft

1550 New York Avenue

Flatbush, Brooklyn

MLS® #RLS10973300

RLS at REBNY

Listing by Compass

6

Bedrooms

3

Baths

2,255

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Living Area 2,255 sq ft
Year Built 1920
Ownership None
Property Taxes $7,140/yr
Neighborhood Flatbush
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1920)

Property Details

Type Duplex
Ownership None
Total Rooms 13
Baths 3 Full
Floor 1 of 2
Pets Yes
Year Built 1920
Living Area 2,255 sq ft
Structure Type Duplex,Townhouse
Furnished Unfurnished
Parcel # 05007-0066
Block/Lot 05007/66

Listing History

Event Date Price Change
Listed Jun 24, 2024 $1,650,000 -
Currently May 7, 2026 $1,300,000 -21.2%

Description

DEVELOPMENT SITE FOR SALE Lot sqft 4,100 Lot dimensions 40 ft x 102.5 ft Floor Area Ratio (FAR) Residential FAR 2.43 Facility FAR 4.8 FAR as built 0.55 Maximum usable floor area 9,963 Usable floor area as built 2,255 Unused FAR 7,708 ALL SHOWINGS BY APPOINTMENT All information to be confirmed by buyer

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Duplex,Townhouse

Financial Details

RE Taxes $7,140/yr ($595/mo)
Original Price $1,650,000
Sale Price $1,300,000
Previous Price $1,650,000

Flatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.

Flatbush Live Market Data

View Neighborhood

Active Listings

50

Median Asking Price

$537K

Median $/Sqft

$741

Avg Days on Market

N/A

New This Week

0

Price Reduced

22%

Sold (30 Days)

3

Median Sale Price

$443K

Live data from RLS at REBNY • Updated 5/7/26, 5:02 PM EST

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Location

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1550 New York Avenue, Flatbush, Kings County

Building Information

Official NYC property records for this building

R6
Zoning District

Tax & Assessment

Assessed Value: $23,400
Land Value: $23,400
Exemptions: $0

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

Lot Area: 4,100 SF
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 the listing broker before making an offer.

The current listed annual property tax is $7,140, or roughly $595 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 3 full bathrooms.

The listed interior living area is 2,255 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $1,300,000 for 2,255 sq ft, the asking price per square foot is approximately $576. 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: RLS10973300
First Listed: 6/23/2024
On Market: 6/24/2024
Price Changed: 1/29/2025
Closed: 1/28/2025
Contract Date: 5/22/2024

Listing Courtesy of Compass - Hiram Borrero

Listing Contact: (347) 688-2368

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 5/7/2026 at 9:02 PM UTC

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