Sunset Park Four-Family
For Sale
$1,898,000
727 53rd St, Brooklyn, NY 11220
Four-family property in the heart of Sunset Park.
Days on Market109
Property Features for 727 53rd St
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1908
Listing Agency:
Empire state Realty Group
(646) 932-4442
Listed By:
Aldo Iemma · License #10311208950
(646) 932-4442
Source:
Elliman
Added: Apr 15
Changed: Jul 10
Last Checked: Jul 31 at 7:51AM
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 Empire state Realty Group
Investment Insights
Based on property information with market context.
Offered for sale for the first time in 40 years, this four-family property was built in 1908 and is located in the heart of Sunset Park. The property has undergone many upgrades over the years, including a boiler that is one year old. The building is fully occupied and generates a monthly income of $5250. Zoned R6B, the property has an actual FAR of 1.20. The maximum residential FAR is 2.0, allowing for a maximum residential square footage of 4006. There is a buildable square footage of 1,606. The property's zoning allows for much higher buildable square footage for mixed-use or community purposes. The location is considered a Walker's Paradise with a score of 95 and a Rider's Paradise with a transit score of 95. It is also Very Bikeable, with a bike score of 76.
Key Highlights
- Excellent Transit Score (95): Rider's Paradise
- Prime Location: Heart of Sunset Park
- High Walk Score (95): Walker's Paradise
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,625
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-family property in the heart of Sunset Park.
Where is this quadplex located?
The property is located at 727 53rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Excellent Transit Score (95): Rider's Paradise; Prime Location: Heart of Sunset Park; High Walk Score (95): Walker's Paradise
