Prevu by reAlpha
BuySellBlogBrowse Listings

551 Sutter AvenueBrooklyn, NY 11207

For Sale

$699,950

Smart Buyer Rebate $4,999

Excellent 2-story, 2-unit dwelling with partial brick construction, fully attached with 2nd floor balcony, having the charm and character consistent with its era of construction. Exceptional location providing ease of access to area stores, eateries, shops, transportation, parks, and other local amenities. This is a tremendous opportunity to get a great piece of real estate with amazing potential.

Listed by Todd Yovino

·

ISLAND ADVANTAGE REALTY LLC

·

(516) 819-7800

Last updated October 22, 2026

·

Source: REBNY #RLS20116194

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast New York
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu43
  • Taxes$2,448/year
  • Size1,200 sqft
  • Price per sqft$583

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

10/22/2026
Price Decreased
$699,950
09/18/2026
Listed by ISLAND ADVANTAGE REALTY LLC
$725,000
  1. 10/22/2026$699,950
    Price Decreased
  2. 09/18/2026$725,000
    Listed by ISLAND ADVANTAGE REALTY LLC

Estimated Closing Costs

Attorney Fees
$4,000
Title Insurance
$3,150
Bank Attorney
$1,500
Mortgage Recording Tax
$10,779
Other Closing Costs
$4,000
Total
$23,429

Estimated closing costs are based on the list price of $699,950 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 551 Sutter Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1935
  • Entry Level: 1

Measurements

  • Building Area Total: 1,200
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,200
  • Lot Size Dimensions: 80
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 03751-0034
  • Tax Annual Amount: $2,448.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 1,200
  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: East New York
  • Tax Block: 03751
  • Tax Lot: 0034

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 2 bathrooms in this multi-family home at 551 Sutter Avenue.

What are the annual taxes for 551 Sutter Avenue?

Annual taxes for this multi-family home are estimated at $2,448.

How does 551 Sutter Avenue compare to other multi-family homes in East New York?

This multi-family home is listed 32% below the average price for multi-family homes in East New York and has been on the market for 98 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,200 sqft.

551 Sutter Avenue is a 4-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11207. Available on Prevu for 43 days at $699,950. This includes a recent price decrease of $25,050. This property features 1,200 square feet of living space, located in East New York. The median listing price for multi-family homes in this area is $875,000. Additional amenities include private outdoor space. Browse more multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.