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527 49th Street, Brooklyn, NY, 11220
Brick Six-Unit Multifamily Building

527 49th Street Brooklyn, NY 11220

For Sale
$1,880,000

MULTI_FAMILY - Brooklyn, NY

Property Size4,875 SF
Lot Size0.06 Acres
Price / SF$385.64
Days on Market213

Property Features for 527 49th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
6
Rooms
Bathroom 4, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
4,875 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
14205

Building Details

Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Shu Yan (Helen) Lin · License #SYL5656
Added: Dec 22, 2025 Changed: Jul 11 Last Checked: Jul 23 at 9:06PM
MLS# 497965

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.

This well-maintained brick six-family offers six residential units, each featuring 3 bedrooms and 1 full bath. Interiors include hardwood and tile floors, with a layout that provides convenient access from the first floor to a backyard.

A finished basement adds additional functional space, including large playrooms and ample storage, and it includes a separate exit to the street and backyard. The property sits on a 20x100 lot with a 25x65 building size.

The asset is zoned R6B and is located at 527 49th Street in Brooklyn, NY 11220.

Key Highlights

  • Six‑family brick building in Brooklyn’s Sunset Park neighborhood, built in 1905
  • 20x100 lot with a 25x65 building size
  • Each unit features 3 bedrooms and 1 full bathroom

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 $216.5k $44.40
− Vacancy −$9.1k −$1.86
EGI $207.4k $42.54
− OpEx −$62.2k −$12.76
NOI $145.2k $29.77
4,875 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $145,151 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,000 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M (±1% cap)
NOI $221,224 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Nursing Home Veterinary Clinic Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained brick six-family with 3-bedroom/1-bath units, hardwood and tile floors, and a finished basement with separate exit.
Where is this duplex located?
The property is located at 527 49th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Six‑family brick building in Brooklyn’s Sunset Park neighborhood, built in 1905; 20x100 lot with a 25x65 building size; Each unit features 3 bedrooms and 1 full bathroom
More about this property
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