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Nine-Unit Apartment Building
For Sale
$1,850,000

529 51st Street, Brooklyn, NY 11220

MULTI_FAMILY - Brooklyn, NY

Property Size7,140 SF
Lot Size0.06 Acres
Price / SF$259.10
Days on Market296

Property Features for 529 51st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 9, Bathroom 7, Bathroom 4, Bathroom 6, Bathroom 8, Bathroom 3
Interior features A/C Unit - Window, Refrigerator, Stove
Basement Finished
Subdivision Sunset Park
Standard status Active
Size 7,140 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 22028

Building Details

Year built 1931
Floors in Building 4
Number of units 9
Flooring type Tile, Hardwood
Building materials Brick
Roof type Flat, Asphalt
Listing Agency: Gama Group LLC
Listed By: Ameer Hamdan
Added: Oct 20, 2025 Changed: Aug 3 Last Checked: Aug 11 at 5:06AM
MLS# 496729

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.

Investment Insights

Based on property information with market context.

This nine-unit residential apartment building is offered in Brooklyn, NY and built in 1931. The property includes nine rent-stabilized residential units and features a brick exterior with a flat asphalt roof. Interior finishes include hardwood and tile flooring, and the building has window A/C units plus appliances such as a refrigerator and stove.

The property sits on a 0.0575-acre lot with a listed total property size of 7,140 square feet. Zoning is R6B.

With professional management and a consistent tenant base described, the building is positioned for steady residential use in Sunset Park, close to local shopping, dining, and transportation options.

Key Highlights

  • Nine rent‑stabilized units
  • R6B zoning
  • 0.0575‑acre lot with 7,140 SF total property size

Property Analytics

Current Use

Apartment buildings

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

6,917
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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 - Nine rent-stabilized units in an R6B brick building with window A/C and hardwood and tile flooring.
Where is this apartment building located?
The property is located at 529 51st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Nine rent‑stabilized units; R6B zoning; 0.0575‑acre lot with 7,140 SF total property size
More about this property
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