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Renovated 5-Unit Brick Apartment Building
For Sale
$2,500,000

759 52nd Street, Brooklyn, NY 11220

MULTI_FAMILY - Brooklyn, NY

Property Size4,640 SF
Lot Size0.05 Acres
Price / SF$538.79
Days on Market10

Property Features for 759 52nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 5
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 5
Interior features A/C Unit - Window, Refrigerator, Stove
Basement Finished
Subdivision Sunset Park
Standard status Active
Size 4,640 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 15145

Building Details

Number of units 5
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Listing Agency: Momentum Real Estate LLC
Listed By: WaiPing (Tammy) Chan
Added: Jul 24 Changed: Jul 30 Last Checked: Aug 2 at 2:06AM
MLS# 503279

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 renovated 5-unit brick attached house offers flexible apartment layouts with 3-bedroom, 2-bedroom, and 1-bedroom configurations. Each unit includes a full bathroom. The finished basement provides additional space and includes 2 bathrooms. Interior finishes include hardwood and tile floors, and in-unit features listed include window A/C units, a refrigerator, and a stove.

The building was renovated from the top roof to the basement about a year ago, and all utilities were newly updated. Construction is brick with a flat roof. The property is built 20x58 over a 20x100 lot, sitting on 0.0459 acres.

Offered for sale with delivery vacant at closing, the home is positioned in the heart of Sunset Park with convenient access to major shopping, restaurants, schools, and public transportation.

Key Highlights

  • Renovated top to basement about a year ago with all utilities newly updated
  • Five residential units with 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts
  • Each unit includes a full bathroom

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 $233.9k $50.40
− Vacancy −$8.9k −$1.92
EGI $225.0k $48.48
− OpEx −$101.2k −$21.82
NOI $123.7k $26.67
4,640 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,733 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M (±1% cap)
NOI $210,559 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7,625
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Renovated 5-unit brick attached apartment building with finished basement and newly updated utilities in Sunset Park.
Where is this apartment building located?
The property is located at 759 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Renovated top to basement about a year ago with all utilities newly updated; Five residential units with 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts; Each unit includes a full bathroom
More about this property
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