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Brooklyn Two-Family Brick Home

746 50th Street Brooklyn, NY 11220

746 50th Street, Brooklyn, NY, 11220
$1,800,000
For Sale
Claim this Listing
$1,800,000

MULTI_FAMILY - Brooklyn, NY

Property Size3,090 SF
Lot Size0.05 Acres
Price / SF$582.52
AddedMay 28
Days on Market49
Last RefreshJul 15 at 6:06 pm

Property Features for 746 50th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Interior features
Dishwasher, Refrigerator, Stove
Basement
Full
Standard status
Active
Size
3,090 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6500

Building Details

Year built
1930
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt, Flat

Listing agent Patricia Downs License #10301202210

Listing office RE/MAX Elite 8201 3rd Ave, Brooklyn, NY

Listing date May 28, 2026

MLS# 501800 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.

This is a two-family brick home with a full basement, situated in Sunset Park, close to 8th Avenue. The property has a typical configuration of three bedrooms over two; however, the first floor is currently used as a one-bedroom unit with extra-large dining and living rooms. The second floor features three bedrooms, including a master bedroom with built-in storage. The property is zoned R6B, offering construction build-up opportunities for investors and extended families. A new aluminum roof was installed in 2018. The property includes a generously sized backyard. The building size is 20 x 55. The lot size is 0.046 acres. The property will be delivered vacant. The property size is 3090 square feet.

Key Highlights

  • 2‑family brick home with full basement and a 20 x 55 layout
  • Roof includes asphalt and flat roof surfaces; new aluminum roof installed in 2018
  • Interior features include dishwasher, refrigerator, and stove; hardwood flooring

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $137.2k $44.40
− Vacancy −$5.8k −$1.86
EGI $131.4k $42.54
− OpEx −$39.4k −$12.76
NOI $92.0k $29.77
3,090 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $92,004 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,400 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,222 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Two-family brick home in Sunset Park, delivered vacant.
Where is this duplex located?
The property is located at 746 50th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2‑family brick home with full basement and a 20 x 55 layout; Roof includes asphalt and flat roof surfaces; new aluminum roof installed in 2018; Interior features include dishwasher, refrigerator, and stove; hardwood flooring
Contact an agent
More about this property
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