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Rent-Stabilized Six-Family Residence
For Sale
$649,000
Pending

522 E 51st St, Brooklyn, NY 11203

For sale, rent-stabilized 6-family residence with strong walk and transit accessibility.

Property Size5,712 SF
Days on Market109

Property Features for 522 E 51st St

General Information

Standard status Pending
Size 5,712 SF
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $19,752

Building Details

Building Size 5,712 SF
Year Built 1920
Units 6
Listing Agency: Coldwell Banker American Homes
Listed By: Michael J. Kenduck
Source: Elliman
Added: Apr 28 Changed: Aug 8 Last Checked: Aug 13 at 9:32AM

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 Coldwell Banker American Homes

Investment Insights

Based on property information with market context.

522 E 51st St in Brooklyn, NY 11203 is a rent-stabilized 6-family residential property offered for sale. The building is presented as a multi-unit income asset with rent stabilization in place.

According to the provided information, the area scores include BikeScore 64 (Bikeable), WalkScore 80 (Very Walkable), and transitScore 79 (Excellent Transit).

This configuration makes the property a straightforward option for buyers looking for a well-defined multifamily structure with existing rent stabilization coverage.

Key Highlights

  • Rent‑stabilized 6‑family residence for sale
  • Built in 1920
  • BikeScore 64 (Bikeable)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,884
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale, rent-stabilized 6-family residence with strong walk and transit accessibility.
Where is this apartment building located?
The property is located at 522 E 51st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Rent‑stabilized 6‑family residence for sale; Built in 1920; BikeScore 64 (Bikeable)
More about this property
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