Endless Potential in Prime Sunset Park – Legal Two-Family Trilevel Gem Welcome to this rare opportunity in the heart of Brooklyn’s vibrant Sunset Park! This legal two-family home offers incredible upside with available air rights, making it a true diamond in the rough for end-users, investors, or developers. Spanning four levels, this property features four spacious bedrooms and two full bathrooms. The first floor welcomes you with a street-level entry, a cozy living room, eat-in kitchen, and bonus storage room. Upstairs, the second and third floors each host two well-proportioned bedrooms and a full bath, ideal for flexible living or rental configurations. Let's not for get the 450sf basement with outside entrance. The partially finished basement is framed with original stone walls, adding character and untapped potential for a recreation room, office, or workshop. Outside, enjoy an extended backyard with plenty of space to create your own urban oasis. The property is 16.67ft x 100ft. In addition the property is zoned for (B9) & (R6B) with air rights. Located just half a block from 4th Avenue, you’re steps from shops, restaurants, and the R train station—plus minutes to major hospitals, the Belt Parkway, and bustling 8th Avenue retail corridor. School District 20 With great bones, historic charm, and tons of development potential, this property is your chance to create something truly special in one of Brooklyn’s most dynamic neighborhoods. Don't miss out—this one won't last!
Active
$1,150,000
354 51st St, Brooklyn, NY 11220
4beds
3,072sqft
Multi Family
Built in 1925
-- sqft lot
$1,144,900 Zestimate®
$374/sqft
$-- HOA
What's special
- 52 days
- on Zillow |
- 732 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 10, 2025 at 09:51am
Listing by:
Douglas Elliman 516-850-6437,
Glen Fox
Source: StreetEasy,MLS#: S1765913
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
- Has view: Yes
- View description: City
Details
- Parcel number: 007980028
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Roof Rights
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Sunset Park
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $1,351,000
- Annual tax amount: $5,447
- Date on market: 4/16/2025
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