RealtyLens
for saleRealtyLens property overview
$1,089,000

551 Euclid Ave Unit 4

Brooklyn, NY, 11208
View more Brooklyn, NY property pages
N/ABeds
5Baths
3,485Sqft
$312$/sqft

Listing Notes

Great investment opportunity in prime location! Huge 4-family with high rent roll, currently at 6% cap rate. javascript:__doPostBack('m_lbSubmit','')

Market Insights

Below nearby median-47%

$312/sqft vs a nearby median of $593/sqft.

Nearby median$593/sqft
Nearby properties8
Property size3,485 sqft
  • -47% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,485 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.05M$1.83M$2.27M · 33% confidence
vs ask $1.09M−$957k (−87.9%)

Asking price is about 87.9% below the fair value — likely to draw competing offers if it's still on market.

$593/sqft median across 4 tight comps × 3,485 sqft= $2.07M
  • Days-on-market gravity−$62k −3.0%
  • Transit access+$52k +2.5%
  • Pre-war character+$52k +2.5%
  • Sparse street life−$31k −1.5%
  • Visible condition issues−$31k −1.5%
Cumulative NYC adjustments−$21k−1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-47% 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

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
1,818 days
Last price change
No change recorded
Listed
May 20, 2021
Photos
2 photos
Property type
multi family
Status
for sale
Last sold
Oct 4, 2023 · $85,000

Features & Amenities

Hardwood FloorsTwo Or More StoriesRental PropertyInvestment Opportunity

Building Facts

Year built
1925
Stories
2
Total units
4
Residential units
4
Building area
3,485 sqft
Lot size
2,614 sqft
Land use
Multi-family walk-up buildings
Building class
C3

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,089,000for sale

Public Records

DOB violations2 open

2 total recorded against the building

HPD violations18 open

25 total recorded

ACRIS documents25

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

311 calls (12 mo)40,788

Top: illegal parking

Top complaint types in ZIP 11208

  • Illegal Parking7,750
  • Noise - Residential4,811
  • HEAT/HOT WATER3,756
  • Blocked Driveway3,675
  • UNSANITARY CONDITION1,520

Recent DOB

  • Sep 2, 2020V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Sep 7, 1999VW-VIOLATION WORK WITHOUT PERMIT - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL

Recent HPD

  • May 7, 2026Class 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...
  • Nov 18, 2025Class 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...
  • Jun 12, 2025Class 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 16, 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...

Recent Transfers (ACRIS)

  • Nov 3, 2023DEEDO
  • Oct 4, 2023DEED$85,000

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.