See Home Value
$911,746*
Co-op - Off Market

650 51st Street #1

Brooklyn, NY 11220
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1000 Sqft
$752,000 - $918,000
Reference Base Price*
9.19%
Since Apr 1, 2022
NY-New York
Primary Model

About This Property

Unit # 1 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 one full studio unit with 1 bedroom and 1 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. Unit # 1 will allow having some shared basement storage area and half of the backyard to grow summer vegetables or quiet enjoyment. This home is located in the Sunset Park area of Brooklyn. It is in the area of Maimonides Medical Center, also within a short distance of shopping, restaurants, and good schools. There are several methods of transportation nearby.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 the both minimum and maximum income requirements as per 120% AMI listed on HPD website. Each share holder 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.

The manager has listed the unit size as 1000 square feet.
Unit Size
1,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$835
Property Type
Co-op
Property Taxes
$242
HOA Dues
-
Year Built
1905

Price History

Date / Event Date Event Price
Mar 2, 2022 No longer available -
No longer available
Feb 17, 2022 No longer available -
No longer available
Feb 16, 2022 Listed $835,000
Listed
Jan 19, 2022 Price Increased $1,435,000
↑ $600K (71.9%)
Price Increased
Jan 8, 2022 Price Decreased $835,000
↓ $100K (10.7%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
3 Beds
1 Bath
970 ft²
$719/ft²
$697,500 Oct 6, 2021
$697,500 Feb 28, 2022
$900/mo
Co-op
3 Beds
1 Bath
970 ft²
$706/ft²
$685,000 Jun 9, 2017
$685,000 Sep 28, 2017
$680/mo
Co-op
3 Beds
1 Bath
950 ft²
$711/ft²
$675,000 May 31, 2021
$675,000 Sep 22, 2021
$900/mo
Co-op
3 Beds
1 Bath
900 ft²
$421/ft²
$379,000 May 12, 2021
$379,000 Dec 22, 2014
$912/mo
Co-op
3 Beds
1 Bath
850 ft²
$940/ft²
$799,000 Mar 14, 2022
$799,000 Aug 4, 2022
$798/mo
Condo
3 Beds
2 Baths
906 ft²
$762/ft²
$690,000 Nov 6, 2015
$690,000 Jul 16, 2016
$364/mo
Condo
3 Beds
1 Bath
959 ft²
$886/ft²
$850,000 Jan 25, 2022
-
$395/mo
Condo
3 Beds
2 Baths
885 ft²
$869/ft²
$769,000 Jul 27, 2023
-
$1,331/mo
Condo
3 Beds
2 Baths
906 ft²
$800/ft²
$724,999 May 25, 2023
-
$584/mo
Townhouse
3 Beds
2 Baths
1,072 ft²
$835/ft²
$895,000 Jul 14, 2023
-
-
Condo
2 Beds
2 Baths
1,147 ft²
$811/ft²
$930,000 Jan 3, 2023
-
$736/mo
Condo
2 Beds
2 Baths
802 ft²
$898/ft²
$720,000 Oct 14, 2022
-
$2,109/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211221 Unit 2
12/21/2021
2
3 Bed
1 Bath
-
$600,000
bedrooms
3 Bed
bathrooms
1 Bath
-
-
-
Shanjida Khatun
Real Broker NY LLC
20211216 Unit 1
12/16/2021
1
6 Bed
3 Bath
2128 ft²
$935,000
bedrooms
6 Bed
bathrooms
3 Bath
square feet
2128 ft²
-
-
-
Shanjida Khatun
Real Broker NY LLC

Building Info

650 51st Street 650 51st Street, Brooklyn, NY 11220
  • 2 Units
  • 1 Unit for Sale
More about this Building
650 51st Street
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