Brooklyn Multifamily Investment
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
(718) 717-7727
9723 3rd Ave, Brooklyn, NY
Listed by
Ameer Hamdan
(718) 717-7727
Added: Oct 20, 2025 Checked: Jul 17 at 12:06 pm
MLS# 496729
Listing URL
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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
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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