RealtyLens
for saleRealtyLens property overview
$694,900

524 E 56th St

Brooklyn, NY, 11203
View more Brooklyn, NY property pages
3Beds
2.5Baths
1,703Sqft
$408$/sqft

Market Insights

Below nearby median-40%

$408/sqft vs a nearby median of $678/sqft.

Nearby median$678/sqft
Nearby properties8
Property size1,703 sqft
  • -40% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,703 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.14M$1.02M$1.26M · 33% confidence
vs ask $695k−$448k (−64.5%)

Asking price is about 64.5% below the fair value — likely to draw competing offers if it's still on market.

$678/sqft median across 4 tight comps × 1,703 sqft= $1.16M
  • Transit access−$35k −3.0%
  • Pre-war character+$29k +2.5%
  • Days-on-market gravity−$6k −0.5%
Cumulative NYC adjustments−$12k−1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-40% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
70 days
Last price change
No change recorded
Listed
Mar 3, 2026
Photos
2 photos
Property type
multi family
Status
for sale

Building Facts

Year built
1940
Stories
1
Total units
2
Residential units
2
Building area
1,703 sqft
Lot size
2,633 sqft
Land use
One and two family buildings
Building class
B1

From NYC public records where available.

Price History

May 4, 2026Initial record
$694,900for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents13

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)29,095

Top: heat/hot water

Top complaint types in ZIP 11203

  • HEAT/HOT WATER3,472
  • Illegal Parking2,928
  • Noise - Residential2,634
  • Blocked Driveway2,570
  • UNSANITARY CONDITION1,366

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.