727 53rd St
Comps
Listing Notes
Offered for sale for the first time in 40 years. Heart of Sunset Park. 4 family built in 1908. Many upgrades over the years. Boiler is one year old. Fully occupied. No leases. $5250 monthly income. ZONED R6B. Actual FAR 1.20. Max Res. FAR 2.0. Max Res SQ FT 4006. Buildable SQ FT 1,606. Mixed use/Community much higher buildable SQ FT. Broker/Owner.
Analysis
Asking price is well-anchored to the comp picture (+2.9%). Negotiate on terms, not headline price.
Bid uses comp pricing, nearby pending/sold pressure when available, listing history, and public-record risk. Broad lifestyle heuristics are not allowed to move the number.
