341 E 51ST ST, Brooklyn, NY 11203
Renovated two-family home offering two separate units in a Brooklyn rental property format.
- Added:
- Jun 1, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 2:10 am
Property Features for 341 E 51ST ST
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing agent Roni Yaghoobzar License #NY 10401324145
Listing office Safdie Realty Group
Listing date Jun 1, 2026
Source Crexi
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 Safdie Realty Group
HighLights
- Renovated two‑family home with two separate units in a Brooklyn rental property format
- Built in 1910
Overview
Located at 341 E 51ST ST in Brooklyn’s East Flatbush area, the property is listed for sale at $1,175,000. The total property size is identified as 2,100 square feet, providing a clear basis for evaluating unit layout, financing, and future operating considerations.
For tenant or owner needs, the two-family format can support flexible living and rental arrangements by providing an additional unit versus a single-family home. Buyers can also evaluate the renovated condition and the duplex’s unit separation when planning occupancy, property management, and budget alignment. As presented, this is a renovated two-family duplex focused on delivering a practical, residential income setup in Brooklyn.
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 | $107.1k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $105.1k | $50.03 |
| − OpEx | −$31.5k | −$15.01 |
| NOI | $73.5k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.01402
- Latitude
- 40.646725
