538 54th Street

New York NY 11220

2928 sq. ft.

2003 sq. ft.

Multi-Family

Last sold for $1,660,000

Renzhang Dan Dong, last sold this property on 17 December 2025 after 154 days on market.

Overview

Welcome to a solid brick, attached 4 family home located in the heart of vibrant Sunset Park, Brooklyn. Set on a 20x100 lot with a 20x46 building footprint, this property offers excellent flexibility and strong income potential. The top floor features 2 family, front and rear apartment, perfect for rental opportunities. The second floor offers a spacious 3-bedroom, 1-bath unit with a practical layout ideal for end-users or investors. On the first floor, you’ll find a 2-bedroom, 1-bath apartment with interior access to an unfinished full basement—great for storage, recreation, or future possibilities. Conveniently located just minutes from both 8th Avenue and 5th Avenue, this property is surrounded by a wide variety of local shopping, restaurants, supermarkets, and essential services, along with easy access to the subway and multiple bus lines. This is a rare chance to own a versatile four-family property in one of Brooklyn’s most dynamic and fast-growing neighborhoods.

Features

7 bedrooms

4 bathrooms

2928 sq. ft. floor area

2003 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in New York over the last 12 months, the estimated median property value of 538 54th Street is $1.66m.

Median value

$1.66m

Estimated value range

$1.3m - $2.5m

Median days on market

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 538 54th Street

2025

Sold

$1,660,000

17 Dec 2025 by Renzhang Dan Dong, of RE/MAX Edge

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.