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Renovated Two-Family Home
For Sale
$988,000

341 E 51st St, New York, NY 10022

Two three-bedroom units, a finished basement area, and one tenant-occupied apartment support flexible owner-occupant or investment use.

Property SizeContact for details
Days on Market16

Property Features for 341 E 51st St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,020
Listing Agency: Mitra Hakimi Realty Group LLC
Listed By: Etan Hakimi · License #1014541
Source: Exprealty
Added: Sep 9 Changed: Sep 21 Last Checked: Sep 22 at 7:26PM

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 Mitra Hakimi Realty Group LLC

Investment Insights

Based on property information with market context.

Located at 341 E 51st St in Brooklyn, this renovated duplex property contains two separate three-bedroom, one-bathroom apartments. The first-floor residence has an open-concept kitchen and living area, while the second-floor apartment is occupied by a tenant. The first-floor unit will be delivered vacant, creating flexibility for an owner-occupant or a new leasing arrangement.

The first and second floors total approximately 1,692 sq. ft., with approximately 2,303 sq. ft. including the full basement. Basement space includes recreation and storage areas along with a separate boiler room. The property is situated in East Flatbush between Linden Boulevard and Church Avenue, near shopping, supermarkets, restaurants, services, neighborhood parks, and schools. Bus service includes the B35 and B46, with access to the 2, 3, 4, and 5 subway lines in the surrounding area.

Key Highlights

  • Two‑family duplex with two 3‑bedroom, 1‑bathroom apartments
  • First‑floor unit delivered vacant
  • Second‑floor apartment is currently tenant‑occupied

Property Analytics

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Current Use

53rd Street library Community Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Adult Day Care Butcher Buffet

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,305
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two three-bedroom units, a finished basement area, and one tenant-occupied apartment support flexible owner-occupant or investment use.
Where is this duplex located?
The property is located at 341 E 51st St New York, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Two‑family duplex with two 3‑bedroom, 1‑bathroom apartments; First‑floor unit delivered vacant; Second‑floor apartment is currently tenant‑occupied
More about this property
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