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505 E 54th St, Brooklyn, NY, 11203

6beds
3baths
1,894sqft
$968,000
$511price/sqft
$5,993/moest. monthly cost
$239,720/yrincome needed

About This Home

Prime East Flatbush. Welcome to this Huge 1-Family “Rare Find” sitting on 40 x 100. Spacious Victorian/Colonial-style home, blending timeless charm with modern updates. Welcoming open foyer, formal living and dining rooms, beautiful parquet and hardwood floors thru out, and a flexible first-floor front bedroom or office. Stunning "Brand New" white kitchen with quartz countertops, stainless steel appliances, and abundant cabinetry. Expansive rear family room with the option to serve as a first-floor primary suite, plus a full bath and access to the side patio and beautiful private backyard, perfect for entertaining and family gatherings. The second floor features a spacious primary bedroom, two additional bedrooms, and a full bath. Finished walk-up attic offers two additional rooms for bedrooms, offices, or guests. Finished basement has a recreation/guest space with a full bath adding exceptional versatility w/ side entrance. Laundry and utility room. Flexible floor plan accommodates 5–7 bedrooms depending on your needs. Complete with a private driveway for two cars, detached rear garage, and beautifully landscaped backyard. Truly must see. By Appointment Only. 24-48 hr. Notice *Photos digitally enhanced, lighting and organization purposes* Subject to E&O. All Information Deemed Accurate, Not Guaranteed. Vacant at Closing. As Is. All Mechanics in Working Order.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

6/10
Ps 244 Richard R GreenGrades PK-50.1 mi
5/10
Is 285 Meyer LevinGrades 6-80.3 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,894
  • Total interior livable area: 1,894 sqft

Property

Details

  • Parcel number: 047650063
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $4,894$58,728
Home Insurance *$335$4,020
Property Taxes $451$5,412
Electricity $313$3,756
Total$5,993$71,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,474/yr
40% on housing$179,790/yr
45% on housing$159,813/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

$511This listing

vs Other Active Listings

Avg $/sqft

ZIP 11203$494
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11203$481
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
2026-06-30Listed for sale$968,000
2026-06-15Listing removed$1,075,000
2025-04-23Contingent$1,075,000
2025-04-23Pending sale$1,075,000
2025-04-22Listed for sale$1,075,000
2006-02-09Sold$565,000

For Sale by Agent

AgentBarbara Horan
BrokerageRemax Edge

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