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!
For sale
$1,150,000
354 54th St Street, Brooklyn, NY 11220
4beds
3,000sqft
Duplex, Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$383/sqft
$-- HOA
What's special
Original stone wallsFour spacious bedroomsWell-proportioned bedroomsUrban oasisExtended backyardBonus storage roomRecreation room
- 30 days
- on Zillow |
- 1,155 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 02:01am
Listing by:
Douglas Elliman Real Estate 516-432-3400,
Glen Fox 516-850-6437,
Kristin Altfather 818-679-8014,
Douglas Elliman Real Estate
Source: OneKey® MLS,MLS#: 848552

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
Heating
- Steam
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Natural Woodwork
- Flooring: Hardwood
- Basement: Partial
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Exterior features: Courtyard
- Fencing: Back Yard
- Has view: Yes
- View description: City
Lot
- Size: 1,669 Square Feet
- Dimensions: 16.67 x 100.17
- Features: Back Yard, Garden, Near Public Transit, Near School, Near Shops
Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Batts Insulation
Condition
- Actual
- Year built: 1901
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $383/sqft
- Annual tax amount: $4,576
- Date on market: 4/15/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Electric utility on property: Yes
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