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Sunset Park Four-Family Property

727 53rd St Brooklyn, NY 11220

727 53rd St, Brooklyn, NY, 11220
$1,898,000
For Sale
$1,898,000

Four-family property in the heart of Sunset Park.

Days on Market99

Property Features for 727 53rd St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1908
Listing agency Empire State Realty Group
Listed by Aldo Iemma · License #10311208950
Source Elliman
Added: Apr 15 Updated: Jul 10 at 12:37PM Checked: Jul 21 at 6:21AM

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 Empire State Realty Group


Investment Insights

Based on property information with market context.

Offered for sale for the first time in 40 years, this four-family property was built in 1908 and is located in the heart of Sunset Park. The property has undergone many upgrades over the years, including a boiler that is one year old. The building is fully occupied and generates a monthly income of $5250. Zoned R6B, the property has an actual FAR of 1.20. The maximum residential FAR is 2.0, allowing for a maximum residential square footage of 4006. There is a buildable square footage of 1,606. The property's zoning allows for much higher buildable square footage for mixed-use or community purposes. The location is considered a Walker's Paradise with a score of 95 and a Rider's Paradise with a transit score of 95. It is also Very Bikeable, with a bike score of 76.

Key Highlights

  • Excellent Transit Score (95): Rider's Paradise
  • Prime Location: Heart of Sunset Park
  • High Walk Score (95): Walker's Paradise

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic Acupuncture Nursing Home Pet Grooming Service Skin Care Clinic

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

FAQs

What type of property is this?
Quadplex - Four-family property in the heart of Sunset Park.
Where is this quadplex located?
The property is located at 727 53rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Excellent Transit Score (95): Rider's Paradise; Prime Location: Heart of Sunset Park; High Walk Score (95): Walker's Paradise
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