Brooklyn Two-Family Brick
746 50th Street, Brooklyn, NY 11220
New
MULTI_FAMILY - Brooklyn, NY
Property size:
3,090 SFLot size:
0.05 AcresPrice / SF:
$582/SF- Added:
- May 28, 2026
- Days on Market:
- 4
- Last Refresh:
- May 31 at 1:06 am
Property Features for 746 50th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 1
- Interior features
- Dishwasher, Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 3,090 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6500
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Asphalt, Flat
Listing agent Patricia Downs License #10301202210 (718) 690-3900
Listing office RE/MAX Elite 8201 3rd Ave, Brooklyn, NY (718) 690-3900
Listing date May 28, 2026
MLS# 501800
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.
HighLights
- Two‑family brick home in prime Sunset Park location near 8th Avenue.
- Delivered vacant, ready for immediate occupancy or rental.
- R6B zoning allows for potential construction build‑up, appealing to investors and extended families.
- Spacious layout: configured as a 1‑bedroom over 3‑bedroom, with an enormous master bedroom and large living spaces.
- New aluminum roof installed in 2018.
- Generously sized backyard.
Overview
This is a two-family brick home with a full basement, situated in Sunset Park, close to 8th Avenue. The property has a typical configuration of three bedrooms over two; however, the first floor is currently used as a one-bedroom unit with extra-large dining and living rooms. The second floor features three bedrooms, including a master bedroom with built-in storage. The property is zoned R6B, offering construction build-up opportunities for investors and extended families. A new aluminum roof was installed in 2018. The property includes a generously sized backyard. The building size is 20 x 55. The lot size is 0.046 acres. The property will be delivered vacant. The property size is 3090 square feet.
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 | $137.2k | $44.40 |
| − Vacancy | −$5.8k | −$1.86 |
| EGI | $131.4k | $42.54 |
| − OpEx | −$39.4k | −$12.76 |
| NOI | $92.0k | $29.77 |
3,090 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $92,004 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,400 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,222 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.004934
- Latitude
- 40.641573
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family brick home in Sunset Park, delivered vacant.
Where is this duplex located?
The property is located at 746 50th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two‑family brick home in prime Sunset Park location near 8th Avenue.; Delivered vacant, ready for immediate occupancy or rental.; R6B zoning allows for potential construction build‑up, appealing to investors and extended families.
