Brick Six-Family Apartment
751 55th Street Brooklyn, NY 11220
751 55th Street, Brooklyn, NY, 11220
$1,950,000
For Sale
$1,950,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,855 SF
Lot Size0.05 Acres
Price / SF$505.84
Days on Market345
Property Features for 751 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R6B
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 10, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 11, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 9, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 3, Bedroom 8
- Interior features
- Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 3,855 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 18165
Building Details
- Year built
- 1917
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Metro Realty Professionals
(718) 838-2600
6203 18th Avenue, Brooklyn, NY
Listed by
Rui (Nancy) L Wu
(718) 838-2600
Added: Aug 6, 2025 Checked: Jul 16 at 11:06 pm
MLS# 494855
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.
This is a solid brick six-family apartment building. The property features five units that were renovated recently, each with modern kitchens and bathrooms and hardwood floors throughout. Every room includes at least one window.
The building is in Sunset Park, and it is located about a half block from the 8th Avenue business district, with access to nearby amenities.
With a total of six units, the configuration provides multiple rental units within one residential income property.
The building is in Sunset Park, and it is located about a half block from the 8th Avenue business district, with access to nearby amenities.
With a total of six units, the configuration provides multiple rental units within one residential income property.
Key Highlights
- Brick 6‑family building built in 1917
- Renovations completed in five units with modern kitchens and bathrooms
- Hardwood flooring throughout
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 | $194.3k | $50.40 |
| − Vacancy | −$7.4k | −$1.92 |
| EGI | $186.9k | $48.48 |
| − OpEx | −$84.1k | −$21.82 |
| NOI | $102.8k | $26.67 |
3,855 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.47M
$1.29M – $1.71M
NOI $102,800 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $174,937 @ 7.0% cap · market cap 8.97%
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 - Solid brick six-family building with five recently renovated units featuring updated kitchens and bathrooms.
Where is this apartment building located?
The property is located at 751 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Brick 6‑family building built in 1917; Renovations completed in five units with modern kitchens and bathrooms; Hardwood flooring throughout
