650 51st St #1, Brooklyn, NY, 11220
About This Home
This prime Sunset Park duplex unit is about 1500 sf consisting of 3 spacious bedrooms and 2 full bathrooms which includes half portion of the basement. The 1st floor has 2 bedrooms, 1 bathroom, living, dining, laundry and kitchen. The high ceiling basement has extra space and a bathroom. There are hardwood floors throughout the unit with large Anderson Windows and 9 feet high ceilings. Whole building was gut renovated in 1996. Roof was done not long ago. This unit will allow having some shared basement storage area and half of the backyard to grow summer vegetables or quiet enjoyment. It is in the area of Maimonides Medical Center, also within a short distance of all transportation, shopping, restaurants, and great schools. Close to 8th Ave & 5th Ave. The building is operated by Housing Preservation and Development (HUD). Buyer must meet the income requirements, and the household assets must not exceed the Asset Limit (which is 175% of AMI for a household of four or $198,975 per HPD's). Please check their website (https://www1.nyc.gov/assets/hpd/downloads/pdfs/services/asset-and-property-limits.pdf) The income guidelines including minimum requirement can be found on HPD website (https://www1.nyc.gov/site/hpd/services-and-information/do-you-qualify). Please request showing if you meet both minimum and maximum income requirements as per 120% AMI listed on HPD website. Each shareholder must live in their unit as their primary residence. The building is managed by HDFC, LLC formatted by the shareholders. Future owners have to do the same.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1905
Type & Style
- Home type: Cooperative
- Property subType: Stock Cooperative
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Stove,Washer
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Details
- Special condition: Arm's Length
Parking
- Parking features: None
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
- Winter Weather
- Cold Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $190 | $2,280 |
| Property Taxes | $372 | $4,464 |
| Electricity | $247 | $2,974 |
| Total | $4,849 | $58,188 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-14 | Price change | $799,000 |
| 2025-07-23 | Price change | $825,000 |
| 2025-05-06 | Listed for sale | $850,000 |
| 2022-03-01 | Listing removed | -- |
| 2022-02-15 | Listed for sale | $835,000 |
| 2022-01-14 | Listing removed | -- |
| 2022-01-08 | Price change | $835,000 |
| 2021-12-15 | Listed for sale | $935,000 |
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