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Rent-Stabilized 6-Family Residence
For Sale
$649,000
Pending

522 E 51st Street, Brooklyn, NY 11203

MULTI_FAMILY - Brooklyn, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market207

Property Features for 522 E 51st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Rooms Basement
Special listing conditions In Foreclosure, Real Estate Owned
Standard status Pending
APN 04722-0028
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19753

Building Details

Year built 1920
Number of units 6
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Michael J. Kenduck
Added: Jan 19 Changed: Aug 1 Last Checked: Aug 14 at 2:06AM
MLS# 953221

Copyright © 2026 OneKey MLS. 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.

522 E 51st Street is a rent-stabilized six-family residence in Brooklyn, NY. The property is identified as having a basement and was built in 1920. The site sits on a 0.0689-acre lot and is zoned R5.

The building’s for-sale positioning centers on its rent-stabilized status, which can be attractive to investors seeking long-term residential income. The property is located at 522 E 51st Street, Brooklyn, NY 11203, in Kings (Brooklyn) County.

Additional details such as unit mix beyond the six-family count are not specified here, but the core underwriting focus is the combination of R5 zoning and rent-stabilized operations within a multi-family structure.

Key Highlights

  • Rent‑stabilized six‑family residence
  • Zoned R5
  • Built in 1920

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,884
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Rent-stabilized six-family building in Brooklyn zoned R5, built in 1920 on a 0.0689-acre lot.
Where is this apartment building located?
The property is located at 522 E 51st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Rent‑stabilized six‑family residence; Zoned R5; Built in 1920
More about this property
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