RealtyLens
for saleRealtyLens property overview
$1,025,000

197 E 52nd St

Brooklyn, NY, 11203
View more Brooklyn, NY property pages
11Beds
6Baths
5,796Sqft
$177$/sqft

Listing Notes

East Flatbush 6 Family Semi Detached Brick, Excellent Condition, Great Investment, Two Apartments will be delivered Vacant at closing. Actual Rent Roll $6,238 Plus two Vacant Apartments can be rented for $3,250. This property can produce a yearly income over $113,856.

Market Insights

Below nearby median-73%

$177/sqft vs a nearby median of $663/sqft.

Nearby median$663/sqft
Nearby properties8
Property size5,796 sqft
  • -73% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 5,796 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.48M$3.21M$3.74M · 64% confidence
vs ask $1.02M−$2.45M (−239.0%)

Asking price is about 239.0% below the fair value — likely to draw competing offers if it's still on market.

$663/sqft median across 4 tight comps × 5,796 sqft= $3.84M
  • Open Class C HPD violations−$230k −6.0%
  • Days-on-market gravity−$115k −3.0%
  • Pre-war character+$96k +2.5%
  • Transit access−$58k −1.5%
  • Sparse street life−$58k −1.5%
Cumulative NYC adjustments−$365k−9.5%

Property Read

FreshnessVerification recommended

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

Market Position-73% 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 Read2 items 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
760 days
Last price change
No change recorded
Listed
Apr 12, 2024
Photos
3 photos
Property type
multi family
Status
for sale
Garage
1 space

Features & Amenities

Hardwood FloorsTwo Or More StoriesGarage 1 Or MoreRental Property

Building Facts

Year built
1931
Stories
3
Total units
6
Residential units
6
Building area
5,712 sqft
Lot size
3,000 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,025,000for sale

Public Records

DOB violations15 open

15 total recorded against the building

HPD violations135 open

39 class C (immediately hazardous)

ACRIS documents25

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

Recent DOB

  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Sep 23, 2024V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Apr 25, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • May 4, 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 9, 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 25, 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...

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.