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154 Bay 53rd St, Brooklyn, NY, 11214

5beds
3baths
2,590sqft
$1,550,000
$598price/sqft
$9,498/moest. monthly cost
$379,920/yrincome needed

About This Home

EXCEPTIONAL NEW CONSTRUCTION IN PRIME GRAVESEND — EACH RESIDENCE FEATURES ITS OWN PRIVATE ELEVATOR! Nestled on a quiet residential block, this modern designed luxury Semi-Attached 2-family brick residence featuring a private driveway, built-in garage, and additional carport parking for more parking spaces. Built on a generous 30×100 lot with an 20×51 building footprint, elevator access from the ground level to the first floor, presenting an extraordinary opportunity for both luxury end-users and investors. The lower level offers a completely separate private entrance and showcases an open-concept layout adorned with tile flooring throughout. This versatile space includes a dedicated laundry area and direct access to a private backyard oasis, creating the perfect setting for indoor-outdoor living and entertaining. Ideal as a recreation room, private home office, fitness studio, or additional entertainment space, offers endless possibilities tailored to today’s lifestyle. The upper residences offering bright, airy interiors and thoughtfully curated finishes throughout. Each unit features expansive living and dining areas, modern kitchens with premium cabinetry and granite countertops, 3 generously proportioned bedrooms, and 2 beautifully appointed full bathrooms. The top-floor residence is further enhanced by two private balconies, offering tranquil outdoor retreats and an abundance of natural light. Elegant bay windows, engineered wood flooring, and premium ductless heating and cooling systems elevate the home with both comfort and sophistication. Defined by modern finishes inside and out, this exceptional new construction delivers the perfect balance of style, comfort, and practicality. Ideally situated near Six Diamonds Park, renowned local dining, shopping, banks, public transportation, major highways, and Brooklyn’s beaches, this is a truly rare opportunity to own a modern residence in the heart of Gravesend. Experience elevated Brooklyn living at its finest — schedule your private showing today.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

8/10
Ps 212 Lady Deborah MoodyGrades PK-50.3 mi
9/10
--
Liberation Diploma PlusGrades 9-120.4 mi

Construction

Condition

  • Year built: 2022

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,590 sqft

Property

Details

  • Special condition: Resale

Parking

  • Parking features: Garage
  • Has garage: 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
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 $7,837$94,044
Home Insurance *$510$6,120
Property Taxes $723$8,676
Electricity $428$5,136
Total$9,498$113,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$325,645/yr
40% on housing$284,940/yr
45% on housing$253,280/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

$598This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$624
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11214$568
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
2026-06-11Price change$1,550,000
2026-05-12Listed for sale$1,650,000
2026-01-13Listing removed$1,790,000
2025-09-18Listed for sale$1,790,000
2025-04-30Listing removed$1,650,000
2024-12-06Listed for sale$1,650,000
2024-12-02Listing removed$1,650,000
2022-04-18Listed for sale$1,650,000

For Sale by Agent

AgentPing Chen
BrokerageRemax Edge

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