1226 E 51st Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
- Added:
- Aug 11, 2025
- Days on Market:
- 307
- Last Refresh:
- Jun 13 at 4:06 am
Property Features for 1226 E 51st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
- Parking features
- Offsite
- Interior features
- Refrigerator, Stove, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,118 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6676
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Flooring type
- Hardwood, Carpet
- Building materials
- Brick
- Roof type
- Flat
Listing agent Yan Byshevsky (646) 828-6378
Listing office Remax Top Nest Real Estate 2303 Avenue Z, Brooklyn, NY (646) 828-6378
Listing date Aug 11, 2025
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Delivered Fully Vacant: Ideal for immediate occupancy or rental income generation.
- Two Spacious Units Plus Finished Basement: Offers multiple living arrangements.
- Private Backyard with Fruit‑Bearing Trees: Provides a serene outdoor retreat.
- Well‑Maintained Condition: Indicates move‑in readiness.
- Hardwood Floors Under Carpet: Presents an opportunity to restore original flooring.
- Convenient Location in Flatlands/East Flatbush: Provides access to local amenities and transportation.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $51.00 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $106.0k | $50.03 |
| − OpEx | −$31.8k | −$15.01 |
| NOI | $74.2k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.927454
- Latitude
- 40.631103
