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    Six-Family Building in Sunset Park Title is generated by Realmo AI

    751 55th Street, Brooklyn, NY 11220

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    For Sale
    $1,950,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Triplex
    Property size:
    3,855 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $505/SF
    Added:
    Aug 6, 2025
    Days on Market:
    321
    Last Refresh:
    Jun 22 at 1:06 pm

    Property Features for 751 55th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    R6B
    Bedrooms
    11
    Bathrooms
    6
    Rooms
    Bedroom 10, Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 3, Bathroom 6, Bedroom 9, Bathroom 5, Bedroom 11, Bathroom 3
    Interior features
    Stove
    Basement
    Unfinished
    Standard status
    Active
    Size
    3,855 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    18165

    Building Details

    Year built
    1917
    Floors in Building
    3
    Number of units
    6
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Rui (Nancy) L Wu
    Rui (Nancy) L Wu

    Listing agent Rui (Nancy) L Wu

    Listing office Exit Realty Professionals 6203 18th Avenue, Brooklyn, NY

    Listing date Aug 6, 2025

    MLS# 494855 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.

    HighLights

    • Solid brick six‑family building built in 1917
    • Five units have been renovated recently with modern kitchens and bathrooms
    • Hardwood flooring throughout
    • Each room includes at least one window
    • Current annual collected income is $133k+; estimated net is $102k+

    Overview

    This solid brick six-family building is located in the Sunset Park neighborhood of Brooklyn, New York. Five of the units have been recently renovated with modern kitchens and bathrooms, and hardwood floors throughout. Each room features at least one window. The property is situated just a half block from the 8th Avenue business district, offering convenient access to local amenities. The building has a great potential for investment. The lot size is 0.046 acres. The property size is 3855 square feet. The zoning is R6B.

    Local Financial Insights For Apartment 5plus

    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 $194.3k $50.40
    − Vacancy −$7.4k −$1.92
    EGI $186.9k $48.48
    − OpEx −$84.1k −$21.82
    NOI $102.8k $26.67
    3,855 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.47M
    $1.29M – $1.71M (±1% cap)
    NOI $102,800 @ 7.0% cap · market cap 5.27%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.50M
    $2.19M – $2.92M (±1% cap)
    NOI $174,937 @ 7.0% cap · market cap 8.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.007318
    Latitude
    40.639017

    FAQs

    What type of property is this?
    Apartment building - Solid brick building near 8th Avenue business district.
    Where is this apartment building located?
    The property is located at 751 55th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Solid brick six‑family building built in 1917; Five units have been renovated recently with modern kitchens and bathrooms; Hardwood flooring throughout
    More about this property
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