Sunset Park Multifamily Investment
826 52nd St Brooklyn, NY 11220
For Sale
$2,520,000
Three-family investment property in Sunset Park with a 6% return.
Property Size3,702 SF
Lot Size0.05 Acres
Price / SF$680.71
Days on Market136
Property Features for 826 52nd St
General Information
- Standard status
- Active
- Size
- 3,702 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Ying (Jasmine) Zhang
(929) 364-1301
Source:
Elliman
Added: Mar 12
Changed: Jul 6
Last Checked: Jul 25 at 11:09AM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This multifamily property is located in Sunset Park. The building has dimensions of 20x56 feet, totaling 3702 square feet. It is configured as a three-family building. The first floor features 5 bedrooms and 2 bathrooms. The second floor includes 6 bedrooms and 2 bathrooms. The third floor contains 4 bedrooms and 2 bathrooms. The combined monthly income for the property is $12,600.
Key Highlights
- High 6% return rate on investment
- Located in the heart of Sunset Park
- Generates a combined monthly income of $12,600
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 | $186.6k | $50.40 |
| − Vacancy | −$7.1k | −$1.92 |
| EGI | $179.5k | $48.48 |
| − OpEx | −$80.8k | −$21.82 |
| NOI | $98.7k | $26.67 |
3,702 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.23M – $1.65M
NOI $98,720 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,994 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Three-family investment property in Sunset Park with a 6% return.
Where is this apartment building located?
The property is located at 826 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,520,000.
What are key features of this property?
This property features: High 6% return rate on investment; Located in the heart of Sunset Park; Generates a combined monthly income of $12,600
