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174 Bay 53rd St, Brooklyn, NY, 11214

4beds
2baths
960sqft
$1,250,000
$1,302price/sqft
$7,560/moest. monthly cost
$302,400/yrincome needed

About This Home

Newly Renovated Single-Family Home with Exceptional Development Potential. This beautifully updated single-family residence features 4 bedrooms and 2 full bathrooms. The property is being sold together with an adjoining irregularly shaped lot, offering a combined land footprint of approximately 20 × 100 ft plus an adjacent 37 × 100 ft lot. This rare offering provides the perfect opportunity to redevelop or design an expansive, private outdoor retreat. The home is situated directly across the street from Six Diamonds Park, offering convenient access to open green space, sports fields, and community events. It is a perfect combination of comfort, convenience, and vibrant outdoor proximity. As evening falls, unwind in your own expansive outdoor sanctuary, which offers endless possibilities for relaxation, entertainment, and privacy. In addition to its outstanding development potential, the adjoining lot offers excellent rental or income-producing potential, providing added financial flexibility to help offset future ownership costs. Whether you choose to maintain the existing usage or redevelop the property, this unique offering combines strong investment value with exceptional lifestyle potential—a rare opportunity for both immediate utility and long-term appreciation.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
67
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: 1930

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 960
  • Total interior livable area: 960 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 $6,320$75,840
Home Insurance *$411$4,932
Property Taxes $583$6,996
Electricity $246$2,954
Total$7,560$90,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$259,200/yr
40% on housing$226,800/yr
45% on housing$201,600/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

$1,302This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$622
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
2026-07-13Listed for sale$1,250,000
2026-01-17Listing removed$3,000
2025-12-16Listed for rent$3,000
2025-11-04Sold$700,000
2025-08-25Pending sale$975,000
2025-07-21Listed for sale$975,000

For Sale by Agent

AgentCuie Wu
BrokerageRemax Edge

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