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    243 E 51St St Brooklyn, NY 11203

    Picture of Apartment buildings at E 51St St 243, Brooklyn, NY
    For Sale
    $999,999

    Multi-Unit (5+) - Brooklyn, NY

    Property size:
    5,330 SF
    Days on Market:
    145
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 243 E 51St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    6
    Parking features
    Garage
    Basement Y/N
    1
    Size
    5,330 SF

    Utilities

    Heating system
    Natural Gas, Steam

    Building Details

    Year built
    1931
    Year renovated
    1931
    Floors in Building
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    REMAX REAL ESTATE PROFESSIONALS (718) 887-5708

    Listing agent Vito Angelo (718) 887-5708

    Listing date Jul 15, 2025

    MLS# 11536392 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Six-Family Investment Opportunity

    Located in East Flatbush, Brooklyn, this well-maintained 6-family brick building features six identical units. Each unit includes 2 bedrooms and 4 spacious rooms. The property is situated on a 2,667 sq ft lot and has a total building size of 5,330 sq ft. This property presents a strong opportunity for steady rental income. The building is conveniently located near restaurants and public transportation, offering both livability and location appeal in one of Brooklyn's rising residential corridors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.929571
    Latitude
    40.656094

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained six-family brick building in East Flatbush, Brooklyn.
    Where is this apartment building located?
    The property is located at 243 E 51St St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Solid 6-family brick building, ideal for investment.; - Six identical units, each with 2 bedrooms and 4 spacious rooms.; - Located in East Flatbush, a rising residential corridor in Brooklyn.
    (718) 887-5708
    Request Owner's contact information
    243 E 51St St Brooklyn, NY 11203
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    Brooklyn, NY 11203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 E 51St St Brooklyn, NY 11203
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