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6-Unit Apartment Building
For Sale
$999,999

350 E 51st St, Brooklyn, NY 11203

The occupied, rent-stabilized property includes an unfinished basement used for storage.

Property Size6,150 SF
Price / SF$162.60
Days on Market24

Property Features for 350 E 51st St

General Information

Standard status Active
Size 6,150 SF
Property subtype Commercial

Units

Unit Mix 1 x 1BR, 5 x 2BR
Multifamily Units 6

Additional Details

Public Transit Yes

Building Details

Year Built 1931
Buildings 1
Listing Agency: 1st American One NYC LTD
Listed By: Jackson Cortez
Source: Jaida.mappmyhome
Added: Sep 14 Changed: Oct 6 Last Checked: Sep 19 at 7:38AM

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 1st American One NYC LTD

Investment Insights

Based on property information with market context.

This 6-unit Brooklyn apartment property dates to 1931 and contains one 1-bedroom apartment and five 2-bedroom apartments. The building is rent stabilized and occupied, with an unfinished basement serving as storage space.

The property is at 350 E 51st St in Brooklyn, NY 11203. Nearby neighborhood amenities include shopping, restaurants, schools, parks, public transportation, and major roadways.

Key Highlights

  • Legal 6‑unit residential building
  • Rent stabilized and currently occupied
  • Apartment mix: one 1‑bedroom unit and five 2‑bedroom units

Property Analytics

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Current Use

Fleming Interior Specialist ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Pet Grooming Service

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

3,393
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - The occupied, rent-stabilized property includes an unfinished basement used for storage.
Where is this apartment building located?
The property is located at 350 E 51st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Legal 6‑unit residential building; Rent stabilized and currently occupied; Apartment mix: one 1‑bedroom unit and five 2‑bedroom units
More about this property
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