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638 50th St #2B, Brooklyn, NY, 11220

2beds
1baths
614sqft
$649,000
$1,057price/sqft
$3,983/moest. monthly cost
$159,320/yrincome needed

About This Home

Welcome to this well-maintained 2-bedroom, 1-bath condo in the desirable Sunset Park neighborhood of Brooklyn. Built in 2011, this residence offers modern construction, comfortable living, and low monthly HOA fees, making it an exceptional opportunity for both homeowners and investors. The thoughtfully designed layout provides functional living space with abundant natural light. Conveniently located near shopping, restaurants, parks, schools, and public transportation, this home offers easy access to everything the neighborhood has to offer. Whether you're looking for a primary residence or a strong long-term investment, this property combines affordability, convenience, and value in one of Brooklyn's most vibrant communities.

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 2011

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Refrigerator,Stove

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: A/C Unit

Interior Area

  • Total structure area: 614
  • Total interior livable area: 614 sqft

Property

Details

  • Parcel number: 007931406
  • Special condition: Arm's Length

Parking

  • Parking features: Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Cold Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,281$39,372
Home Insurance *$154$1,848
Property Taxes $302$3,624
Electricity $246$2,954
Total$3,983$47,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,560/yr
40% on housing$119,490/yr
45% on housing$106,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,057This listing

vs Other Active Listings

Avg $/sqft

ZIP 11220$877
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11220$660
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-05Listed for sale$649,000
2012-06-12Sold$294,060

For Sale by Agent

AgentMing Hua Dong
BrokerageTiger Realty

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