554 E 87th St
Brooklyn, NY 11236
Canarsie- 5 Beds
- 3.5 Baths
- 2,700 sqft
5 Beds
3.5 Baths
2,700 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1965
Living Area
2,700 sqft
Price/Sqft
$431
About this House
***IN CONTRACT***Welcome to 554 East 87th Street Being offered for the first time in almost 60 years from the ORIGINAL owners! We are proud to offer this opportunity to own this amazing 2 family home ( split-level, 2 1/2 story ) in the heart of Canarsie loaded with tons of CHARM and HISTORY. The home was built on a large parcel of land that was used as part of a farm owned by family members of the original owners dating back to the early 1900s! This lovely home sits on a MASSIVE 60 x 100 lot on a picturesque, quiet street. Vintage charm awaits your imagination in this traditional home which has so much potential! The home will require some renovations and updating throughout and has been priced accordingly. An all-cash deal or approved 203K Rehab Loan is strongly preferred. Youll love the layout of this classic home. The 1st Floor features a Living Room with an original working WOOD BURNING FIREPLACE, Dining Room, Eat-In Kitchen, and a convenient ½ bath, Walk a few steps up into an ENORMOUS and GRAND great room ideal for entertaining! On the 2nd Floor, youll find 4 Large Bedrooms and 2 Full Baths. Youll enjoy having plenty of extra space in the FULL-sized basement. The 2nd unit features 1 Bedroom, Living Room, Kitchen, and Full Bath would be great for additional income and would serve as an ideal In-Law Suite! Additional features such as original hardwood floors throughout, 2 outdoor patios, original woodwork all add to the charm of this home. With a PRIVATE driveway AND GARAGE, parking is never an issue here! A BRAND-NEW ROOF was installed in 2013 and washer, dryer and hot water heater all less than 5 years old. Some renovations, updating, and personal touches will bring this classic home back to its former glory and will serve as a wonderful family home! Dont let this one pass you byOPPORTUNITY AWAITS. A MUST SEE!
Home Details for 554 E 87th St
|
|---|
Levels, Entrance, & Accessibility Stories: 3 |
Interior Details Number of Rooms: 10 |
|
|---|
Year Built Year Built: 1965Year Updated: 1965 |
Property Type / Style Property Type: Multi Family |
|
|---|
Units in Building: 2 |
|
|---|
Lot Area: 6000 sqft |
Price History for 554 E 87th St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/08/2019 | $780,000 | Sold | N/A |
| 06/26/2019 | $825,000 | Listed For Sale | Agent Provided |
| 05/09/2019 | $825,000 | ListingRemoved | Agent Provided |
| 05/09/2019 | $825,000 | Pending | Agent Provided |
| 03/18/2019 | $825,000 | Listed For Sale | Agent Provided |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,929 |
| Assessment | $1,141,000 |
Home facts updated by county records
Comparable Sales for 554 E 87th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $680,000 | 09/25/25 | 4 | 2 | 2,048 | |
0.16 | Multi-Family Home | $880,000 | 09/30/25 | 4 | 2 | 2,120 | |
0.19 | Multi-Family Home | $905,000 | 01/08/26 | 4 | 3 | 1,864 | |
0.53 | Multi-Family Home | $990,000 | 02/24/26 | 6 | 4.5 | 2,700 | |
0.25 | Multi-Family Home | $925,000 | 01/12/26 | 7 | 2 | 2,208 | |
0.28 | Multi-Family Home | $925,000 | 04/28/26 | 5 | 3 | 1,672 | |
0.27 | Multi-Family Home | $610,000 | 09/08/25 | 6 | 2 | 1,920 | |
0.38 | Multi-Family Home | $1,075,000 | 06/12/26 | 6 | 3.5 | 2,760 | |
0.52 | Multi-Family Home | $800,000 | 10/15/25 | 7 | 2.5 | 1,797 | |
0.46 | Multi-Family Home | $635,000 | 09/10/25 | 7 | 3.5 | 2,080 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 554 E 87th St.
What Locals Say about Canarsie
At least 1283 Trulia users voted on each feature.
92 % Say there are sidewalks
83 % Say it's walkable to grocery stores
74 % Say it's dog friendly
71 % Say streets are well-lit
71 % Say yards are well-kept
70 % Say it's walkable to restaurants
61 % Say kids play outside
59 % Say there's holiday spirit
57 % Say car is needed
53 % Say neighbors are friendly
53 % Say people would walk alone at night
52 % Say they plan to stay for at least 5 years
51 % Say it's quiet
43 % Say parking is easy
42 % Say there are community events
34 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 554 E 87th St
Off Market Homes Near 554 E 87th St
Frequently asked questions about 554 E 87th St
- What is 554 E 87th St estimated to be worth?Trulia's estimated value for 554 E 87th St in Brooklyn, NY is $1,163,700.
- What is the price history for 554 E 87th St?554 E 87th St in Brooklyn, NY last sold for $780,000 in October 2019.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $767K. That is up $4.33K from the prior month.

