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Brooklyn Multifamily Investment Opportunity

529 51st Street Brooklyn, NY 11220

529 51st Street, Brooklyn, NY, 11220
$1,850,000
For Sale
$1,850,000

MULTI_FAMILY - Brooklyn, NY

Property Size7,140 SF
Lot Size0.06 Acres
Price / SF$259.10
Days on Market271

Property Features for 529 51st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
9
Rooms
Bathroom 4, Bathroom 3, Bathroom 6, Bathroom 9, Bathroom 5, Bathroom 8, Bathroom 2, Bathroom 7, Bathroom 1
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished
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
Asphalt, Flat
Listing Agency Gama Group LLC
9723 3rd Ave, Brooklyn, NY
Listed by Ameer Hamdan
Added: Oct 20, 2025 Checked: Jul 17 at 12:06 pm
MLS# 496729 Listing URL

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.

Located in the heart of Sunset Park, Brooklyn, 529 51st Street is a nine-unit residential building presenting an investment opportunity. The well-maintained building features nine rent-stabilized residential units. The gross annual rent roll is $166,435. The property is professionally managed and has strong tenancy with consistent income. The building's size is 7,140 square feet, situated on a lot of 0.0575 acres. The zoning is R6B. The property is conveniently located near local shopping, dining, and transportation options. This asset offers stable cash flow and long-term upside in a desirable and evolving Brooklyn neighborhood.

Key Highlights

  • 9‑unit residential building in Brooklyn’s Sunset Park
  • Gross annual rent roll of $166,435 from nine rent‑stabilized units
  • Built in 1931 with brick construction and a roof with asphalt and flat sections

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Nursing Home Pet Grooming Service Veterinary Clinic Tanning Salon Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Nine-unit residential building in Sunset Park with stable income.
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: 9‑unit residential building in Brooklyn’s Sunset Park; Gross annual rent roll of $166,435 from nine rent‑stabilized units; Built in 1931 with brick construction and a roof with asphalt and flat sections
Contact an agent
More about this property
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