4 bed, 2 bath auction property at 551 Sutter Avenue, Brooklyn, NY — Kings (Brooklyn) County Long Island listing photo
    Active
    Brooklyn, NY 11207
    Township: New YorkPostalCity: Brooklyn

    551 Sutter Avenue

    4 bd
    2 ba
    Built 1935
    46 DOM
    MLS KEY1052872
    $725,000

    About this property

    Excellent 2-story, 2-unit dwelling with partial brick construction, fully attached with 2nd floor balcony, having the charm and character consistent with its era of construction. Exceptional location providing ease of access to area stores, eateries, shops, transportation, parks, schools, and other local amenities. This is a tremendous opportunity to secure a great piece of real estate with amazing potential.

    Listing details

    Property Type
    Residential Income
    Sub-Type
    Duplex
    Year Built
    1935
    Lot Size
    1,200 sqft
    County
    Kings (Brooklyn)
    MLS #
    KEY1052872
    Status
    Active

    Street view & aerial

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    HUD Fair Market Rents

    FMR for Brooklyn, NY 11207

    FY2025 · Nassau-Suffolk HUD Metro FMR Area

    4-Bedroom FMR (Subject Property)
    $3,683 /mo
    $44,196 projected annual gross

    All bedroom sizes — ZIP 11207

    Unit SizeMonthly FMRAnnual Gross
    Studio$1,900$22,800
    1 Bedroom$2,156$25,872
    2 Bedroom$2,640$31,680
    3 Bedroom$3,324$39,888
    4 BedroomSubject$3,683$44,196

    Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.

    Monthly Payment Estimate

    Mortgage calculator

    Principal & interest plus taxes, insurance, and HOA. Edit any field below.

    $145,000
    Principal & Interest
    $3,762
    Taxes
    $1,329
    Insurance
    $254
    HOA
    $0
    Estimated monthly payment$5,345

    Estimate only — actual payment depends on credit, loan program, escrow, PMI/MIP, and lender fees. Not a loan offer or commitment.

    Ask a question about this home

    Send it directly to Kristopher.

    East End Luxury Ltd. is a New York–licensed real estate brokerage. We provide brokerage services only — listing, marketing, pricing strategy, and buyer procurement — and do not provide legal, tax, or financial advice.

    551 SUTTER AVENUE, BROOKLYN, NY 11207 | KEY1052872 | Island Advantage Realty LLC, Todd A. Yovino · 631-351-6000

    Questions about this listing

    Is 551 Sutter Avenue in Brooklyn still available?

    Inventory changes daily. 551 Sutter Avenue is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.

    Can I tour a foreclosure or short sale on Long Island?

    Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.

    How do offers work on a short sale or REO listing?

    Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.

    OneKey® MLS

    Listings courtesy of OneKey® MLS as distributed by MLS GRID.

    Listing last updated: 09/23/2026, 09:47 AM ET

    Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 OneKey® MLS / MLS GRID. Equal Housing Opportunity.