The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$885,000
1226 E 51st St
Brooklyn, NY, 11234
View more Brooklyn, NY property pages4Beds
3Baths
2,118Sqft
$418$/sqft
Market Insights
Below nearby median-15%
$418/sqft vs a nearby median of $490/sqft.
Nearby median$490/sqft
Nearby properties12
Property size2,118 sqft
- -15% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,118 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$926k$843k – $1.01M · 50% confidence
vs ask $885k−$41k (−4.6%)
Asking price is about 4.6% below the fair value — likely to draw competing offers if it's still on market.
$473/sqft median across 10 tight comps × 2,118 sqft= $1.00M
- Transit access−$30k −3.0%
- Days-on-market gravity−$30k −3.0%
- Pre-war character+$25k +2.5%
- Visible condition issues−$25k −2.5%
- Sparse street life−$15k −1.5%
Cumulative NYC adjustments−$75k−7.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 274 days
- Last price change
- No change recorded
- Listed
- Aug 11, 2025
- Photos
- 33 photos
- Property type
- multi family
- Status
- for sale
Photos
Building Facts
- Year built
- 1945
- Stories
- 1
- Total units
- 2
- Residential units
- 2
- Building area
- 2,118 sqft
- Lot size
- 2,250 sqft
- Land use
- One and two family buildings
- Building class
- B1
From NYC public records where available.
Price History
May 4, 2026Initial record
$885,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents19
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)30,595
Top: illegal parking
Top complaint types in ZIP 11234
- Illegal Parking6,515
- Blocked Driveway2,777
- Noise - Residential2,275
- Abandoned Vehicle2,045
- Water System1,098
Recent Transfers (ACRIS)
- Jan 28, 1997DEED
- Feb 15, 1984DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.