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    649 47Th St Brooklyn, NY 11220

    For Sale
    $1,160,000

    Six-family building in Sunset Park with convenient transportation.

    Lot size:
    0.05 Acres

    Property Features for 649 47Th St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1930

    Source: E House Realty & Mgt. Inc. Agent Selyna D. Eng

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sunset Park Six-Family Building

    This is a six-family building located in Sunset Park. The property is situated on a 20x100 lot and features a 21x73 building. The building consists of three floors and includes five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The location offers excellent surrounding amenities and convenient transportation options, with close proximity to the N and R subway lines and the B11 bus. Sunset Park is also nearby, providing a peaceful living environment. This property is an ideal investment opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.004933
    Latitude
    40.644884

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    FAQs

    What type of property is this?
    Apartment building - Six-family building in Sunset Park with convenient transportation.
    Where is this apartment building located?
    The property is located at 649 47Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,160,000.
    What are key features of this property?
    This property features: - Six-family building in Sunset Park; - Prime location with excellent amenities; - Close proximity to N and R subway lines and bus B11
    (718) 680-2776
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    649 47Th St Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    649 47Th St Brooklyn, NY 11220
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