The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,380,000
531 51st St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages15Beds
7.5Baths
3,937Sqft
$605$/sqft
Market Insights
Below nearby median-28%
$605/sqft vs a nearby median of $841/sqft.
Nearby median$841/sqft
Nearby properties12
Property size3,937 sqft
- -28% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,937 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.37M$3.07M – $3.68M · 50% confidence
vs ask $2.38M−$994k (−41.8%)
Asking price is about 41.8% below the fair value — likely to draw competing offers if it's still on market.
$828/sqft median across 9 tight comps × 3,937 sqft= $3.26M
- Transit access+$82k +2.5%
- Pre-war character+$82k +2.5%
- Days-on-market gravity−$49k −1.5%
Cumulative NYC adjustments+$114k+3.5%
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.
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Listing Details
- Days on market
- 110 days
- Last price change
- No change recorded
- Listed
- Jan 22, 2026
- Photos
- 14 photos
- Property type
- multi family
- Status
- for sale
Photos
Building Facts
- Year built
- 1899
- Stories
- 2
- Total units
- 3
- Residential units
- 3
- Building area
- 3,937 sqft
- Lot size
- 2,504 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,380,000for sale
Public Records
DOB violations0 open
2 total recorded against the building
HPD violations0 open
6 total recorded
ACRIS documents23
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,299
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,358
- Blocked Driveway2,422
- Noise - Residential2,079
- HEAT/HOT WATER1,695
- Noise - Street/Sidewalk1,479
Recent DOB
- Jan 28, 2011V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Jan 28, 2011V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Apr 8, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Feb 22, 2022Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 6, 2021Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 6, 2021Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- Mar 11, 1988DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.