1654 E 51st Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
- Added:
- Nov 17, 2025
- Days on Market:
- 205
- Last Refresh:
- Jun 10 at 11:06 pm
Property Features for 1654 E 51st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
- Interior features
- Dishwasher, Laundry Area, Microwave
- Basement
- Finished
- Standard status
- Active
- Size
- 1,472 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6337
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Tile, Hardwood
- Building materials
- Wood Frame
Listing agent Joseph F. Girgenti (718) 680-6442
Listing office Ben Bay Rlty Co of Ave U LLC 8304 13th Ave, Brooklyn, NY (718) 372-6442
Listing date Nov 17, 2025
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Detached wood‑frame home built in 1920
- 3 bedrooms and 3 full bathrooms, including Bathroom 1, Bathroom 2, and Bathroom 3
- Inside features include a living room, formal dining room, and a kitchen with Corian countertops
- Hardwood floors throughout plus tile and carpet flooring
- Kitchen and laundry features include dishwasher, microwave, and a dedicated laundry area
- Shared driveway provides off‑street parking and leads to a two‑car garage
Overview
Local Financial Insights For Multifamily LT 5
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 | $75.1k | $51.00 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $73.6k | $50.03 |
| − OpEx | −$22.1k | −$15.01 |
| NOI | $51.6k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.926274
- Latitude
- 40.620038
