Search
Brooklyn Multifamily Investment Opportunity
For Sale
$1,850,000

529 51st St, Brooklyn, NY 11220

Nine-unit residential building in Sunset Park with stable income.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market154

Property Features for 529 51st St

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Multi Family

Building Details

Year Built 1931
Listing Agency: Gama Group LLC
Listed By: Ameer Hamdan
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Aug 10 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gama Group LLC

Investment Insights

Based on property information with market context.

Located in Sunset Park, Brooklyn, 529 51st Street is a nine-unit residential building. The property is professionally managed and well-maintained. The building consists of nine rent-stabilized residential units. The gross annual rent roll is $166,435. The property is situated near local shopping, dining, and transportation options. This asset offers stable cash flow and long-term upside in a desirable neighborhood.

Key Highlights

  • 9‑Unit Residential Building in Sunset Park, Brooklyn
  • Gross Annual Rent Roll of $166,435
  • Rent‑Stabilized Units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,917
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Nine-unit residential building in Sunset Park with stable income.
Where is this apartment building located?
The property is located at 529 51st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 9‑Unit Residential Building in Sunset Park, Brooklyn; Gross Annual Rent Roll of $166,435; Rent‑Stabilized Units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message