Three-Family Residence – Exceptional Investment Opportunity This well-maintained, three-dwelling brick property offers a total of 9 bedrooms and 5 bathrooms, providing both space and flexibility for end-users or investors.
Lot Size: 20 ft x 127.75 ft Building Dimensions: 20 ft x 60 ft Total Living Space: Approx. 4,800 sq ft (1,200 sq ft per unit) Utilities: Each unit is individually metered with 3 separate gas boilers Basement: Full basement offering ample storage and potential for various uses Construction: Solid brick exterior – highly durable and well-suited for future conversions Zoning: R6 – allowing for a range of redevelopment or expansion possibilities Parking: Private driveway provides convenient, off-street parking Location: Prime Brooklyn location just steps from Rockaway Boulevard and Atlantic Avenue, close to major transit lines, shopping, dining, and everyday amenities Year Built: Constructed in 2002, offering a more modern infrastructure compared to surrounding properties
This is a rare opportunity to own a newer-construction, multi-family property in a high-demand area with significant upside potential.
Listed by Jordan Khani
·
Douglas Elliman Real Estate
·
516-627-2800
Listed by Nikola Cejic
·
Douglas Elliman Real Estate
Last updated October 12, 2025
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Source: OneKey #913467
Listing Facts
TypeMulti-family
NeighborhoodOcean Hill
Bedrooms9
Bathrooms5
Days on Prevu28
Taxes$10,498.84/year
Location
Mortgage Calculator
Listing History
09/25/2025
Listed by Douglas Elliman Real Estate
$1,300,000
Estimated Closing Costs
Total
$48,370
Attorney Fees
$4,000
NYC Mansion Tax
$13,000
Title Insurance
$5,850
Bank Attorney
$1,500
Mortgage Recording Tax
$20,020
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,300,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 1554 Saint Marks Avenue
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Year Built: 2003
Architectural Style: Other
Construction Materials: Brick
Measurements
Building Area Total: 4,800
Building Area Units: Square Feet
Lot Features: Back Yard
Lot Size Acres: 0.05
Lot Size Dimensions: 20,127
Lot Size Square Feet: 2,555
Financial
Taxes
Parcel Number: 01459-0022
Tax Annual Amount: $10,498.84
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Washer/Dryer Hookup
Rooms
Basement: Full, Unfinished, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 9
Other
Location
Tax Block: 1459
Tax Lot: 22
Parking
Parking
Garage Spaces: 1
Parking Features: Driveway, On Street
Schools
Elementary School
Elementary School District: Brooklyn 23
High School
High School District: Brooklyn 23
Middle or Junior School
Middle Or Junior School District: Brooklyn 23
Utilities
Equipment
Heating: Natural Gas
Sewer: Other
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
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