Brooklyn Multifamily Investment
469 52nd Street Brooklyn, NY 11220
469 52nd Street, Brooklyn, NY, 11220
$1,650,000
For Sale
$1,650,000
MULTI_FAMILY - Brooklyn, NY
Property Size5,625 SF
Lot Size0.06 Acres
Price / SF$293.33
Days on Market133
Property Features for 469 52nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 3
- Interior features
- Alarm
- Basement
- Finished
- Standard status
- Active
- Size
- 5,625 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12722
Building Details
- Year built
- 1906
- Number of units
- 6
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Bungalow
Listing Agency
E House Realty & Mgt. Inc.
(718) 680-2776
6005 7th Avenue, Brooklyn, NY
Listed by
FengZhen (Cindy) Chen
(718) 680-2776
Added: Mar 11 Updated: Jul 11 at 6:35 pm Checked: Jul 21 at 2:06 am
MLS# 499560
Listing URL
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.
Investment Insights
Based on property information with market context.
Located in Brooklyn, New York, this multifamily property at 469 52nd Street features six units. The three-story building has front and rear tiers and contains six apartments, each with three bedrooms and one bathroom. The building dimensions are 25 feet by 75 feet, situated on a lot measuring 25 feet by 100 feet, which is approximately 0.0574 acres. The property offers stable rental income from each unit, presenting excellent investment returns. It is suitable for both owner-occupancy and investment, with rental income potentially covering mortgage payments. The location provides easy access to amenities. The property is zoned R6B.
Key Highlights
- 6‑unit three‑story brick building with tiled floors and asphalt roof
- Lot size 25x100; building dimensions 25x75
- Year built 1906 bungalow architectural style
Local Financial Insights For Apartment 5plus
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 | $283.5k | $50.40 |
| − Vacancy | −$10.8k | −$1.92 |
| EGI | $272.7k | $48.48 |
| − OpEx | −$122.7k | −$21.82 |
| NOI | $150.0k | $26.67 |
5,625 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.14M
$1.88M – $2.50M
NOI $150,000 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.65M
$3.19M – $4.25M
NOI $255,258 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit building in prime Brooklyn location with stable rental income.
Where is this apartment building located?
The property is located at 469 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6‑unit three‑story brick building with tiled floors and asphalt roof; Lot size 25x100; building dimensions 25x75; Year built 1906 bungalow architectural style
