5514 Fort Hamilton Pkwy, Brooklyn, NY, 11219
About This Home
Prime Boro Park and Sunset Park three-family residential investment property, perfectly positioned for builders, developers, and long-term investors. Zoning highlight: R6 residential zoning with C1-3 commercial overlay, allows mixed residential + commercial usage, higher floor area ratio, flexible new construction, renovation & expansion options, huge development potential with easy approval for builder plans. Rare find oversized lot size 20×117.82, extra deep and wide lot layout, abundant open land for new ground-up development, multi-unit new build, home expansion. Solid, well-maintained 3-family house layout, great steady rental income flow right now. Excellent location on Fort Hamilton Parkway, prime Boro Park neighborhood, close to all shops, restaurants, public transportation, highway, schools, and daily amenities. Rare great zoning + extra large lot combination, perfect and ready to go for all builders & developers. Great value, won’t last long!
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1915
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 3,036
- Total interior livable area: 3,036 sqft
Property
Details
- Parcel number: 056800047
- Special condition: Resale
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
- Cold Wave
- Strong Wind
- Winter Weather
- 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 | $10,102 | $121,224 |
| Home Insurance * | $779 | $9,348 |
| Property Taxes | $932 | $11,184 |
| Electricity | $501 | $6,020 |
| Total | $12,314 | $147,768 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Listed for sale | $1,998,000 |
| 1995-10-31 | Sold | $225,000 |
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