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for saleRealtyLens property overview
$2,500,000
1553 39th St
Brooklyn, NY, 11218
View more Brooklyn, NY property pages7Beds
6Baths
3,256Sqft
$768$/sqft
Listing Notes
Four-Family Homes for Sale in Borough Park/Kensington. Prime location with strong potential! rental and development. Building includes 3 apartments with 2 bedrooms, kitchen, and dining room and 1 apartment with 1 bedroom, kitchen, and dining room, Finished basement, good condition. Lot size: 20' x 100', building size: 20' x 80', R6 zoning. Ideal for investors, developers, or end-users. Next house also available, Buy one or both as a package deal - both properties have the same layout and development potential. Great opportunity in the heart of Borough Park - don't miss out!
Market Insights
Below nearby median-17%
$768/sqft vs a nearby median of $924/sqft.
Nearby median$924/sqft
Nearby properties12
Property size3,256 sqft
- -17% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,256 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.11M$2.83M – $3.39M · 50% confidence
vs ask $2.50M−$614k (−24.6%)
Asking price is about 24.6% below the fair value — likely to draw competing offers if it's still on market.
$924/sqft median across 11 tight comps × 3,256 sqft= $3.01M
- Transit access+$120k +4.0%
- Days-on-market gravity−$90k −3.0%
- Pre-war character+$75k +2.5%
Cumulative NYC adjustments+$105k+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.
Diligence Read3 items to check
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Listing Details
- Days on market
- 386 days
- Last price change
- No change recorded
- Listed
- Apr 22, 2025
- Photos
- 2 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Central AirHardwood FloorsTwo Or More StoriesBasementRental Property
Building Facts
- Year built
- 1930
- Stories
- 2
- Total units
- 4
- Residential units
- 4
- Building area
- 3,256 sqft
- Lot size
- 1,903 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C3
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,500,000for sale
Public Records
DOB violations2 open
2 total recorded against the building
HPD violations13 open
21 total recorded
ACRIS documents27
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)30,160
Top: illegal parking
Top complaint types in ZIP 11218
- Illegal Parking7,698
- HEAT/HOT WATER3,083
- Blocked Driveway1,950
- Noise - Residential1,755
- Street Condition857
Recent DOB
- Dec 3, 1999VW-VIOLATION WORK WITHOUT PERMIT - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Nov 5, 1999VW-VIOLATION WORK WITHOUT PERMIT - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- May 1, 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...
- Jun 6, 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...
- Nov 27, 2024Class 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...
- Apr 3, 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)
- Jan 23, 2023DEED$10
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.