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Six-Family Residential Income Building

819 49th Street Brooklyn, NY 11220

Claim this Listing
For Sale
$2,199,000

MULTI_FAMILY - Brooklyn, NY

Property size:
5,280 SF
Lot size:
0.07 Acres
Price / SF:
$416.48/SF
Added:
Jul 6, 2026
Days on Market:
8
Last Refresh:
Jul 13 at 9:06 pm

Property Features for 819 49th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
6
Rooms
Bathroom 1, Bedroom 9, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 6, Bedroom 8, Bedroom 11, Bedroom 10, Bedroom 4
Interior features
Stove
Standard status
Active
Size
5,280 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
19820

Building Details

Number of units
6
Flooring type
Tile
Roof type
Tile

Listing agent Peter Pan License #10401215383

Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

Listing date Jul 6, 2026

MLS# 502823 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 for-sale six-family residential income building is situated on a 30 ft x 100.17 ft lot, with a building footprint measuring 22 ft x 80 ft. The property is being presented as a multifamily investment with configuration suited to a six-unit setup, and it includes zoning information for planning purposes. The listing notes the property is R6 zoned with a FAR of 3.0; buyers should consult a licensed architect for precise and accurate FAR usage.

The building is located at 819 49th Street in Brooklyn, NY 11220, and the remarks place it near 8th Avenue in the Sunset Park area. This area is described as a business corridor with neighborhood retail and community amenities, and the property is positioned for tenants and operators looking to be within an active commercial-residential environment.

For investors or operators seeking a value-driven multifamily acquisition, this asset offers a clear six-family residential structure combined with R6 zoning parameters to support planning conversations. The property size is provided as 5,280 square feet, and the lot area is listed at 0.0689 acres. As with any redevelopment or expansion discussion, zoning limits should be verified through appropriate professional review before making final decisions.

Key Highlights

  • 6‑family property on a 30 ft x 100.17 ft lot with a 22 ft x 80 ft building footprint
  • R6 zoning with FAR of 3.0 (please consult a licensed architect for precise FAR usage)
  • 11 bedrooms and 6 bathrooms across the home’s listed room layout

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 $266.1k $50.40
− Vacancy −$10.1k −$1.92
EGI $256.0k $48.48
− OpEx −$115.2k −$21.82
NOI $140.8k $26.67
5,280 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $140,800 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.42M
$3.00M – $3.99M (±1% cap)
NOI $239,602 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - Six-unit residential income building on a 49th Street lot, offered with R6 zoning and FAR 3.0.
Where is this apartment building located?
The property is located at 819 49th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 6‑family property on a 30 ft x 100.17 ft lot with a 22 ft x 80 ft building footprint; R6 zoning with FAR of 3.0 (please consult a licensed architect for precise FAR usage); 11 bedrooms and 6 bathrooms across the home’s listed room layout
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