Renovated 5-Unit Brick
For Sale
$2,500,000
759 52nd St, Brooklyn, NY 11220
Renovated five-family brick attached property with five units, each with a full bathroom and finished basement space.
Lot Size0.05 Acres
Days on Market9
Property Features for 759 52nd St
General Information
Standard status
Active
Lot size
0.05 Acres
Property subtype
Multi Family
Additional Details
Utilities to Site
Yes
Multifamily Units
5
Building Details
Building Size
4,640 SF
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
WaiPing (Tammy) Chan
(718) 382-0001
Source:
Elliman
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 1 at 7:42AM
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 Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This renovated five-family brick attached house offers five residential units with flexible bedroom layouts, including 3-bedroom, 2-bedroom, and 1-bedroom configurations. Each unit includes a full bathroom, and every unit also features a finished basement with additional space and two bathrooms. The property was renovated from the roof to the basement about a year ago, and utilities are newly updated.
The building is located in the heart of Sunset Park and is described as being convenient to major shopping, restaurants, schools, and public transportation.
The property is listed as a 20-by-58 building over a 20-by-100 lot and will be delivered vacant at closing.
The building is located in the heart of Sunset Park and is described as being convenient to major shopping, restaurants, schools, and public transportation.
The property is listed as a 20-by-58 building over a 20-by-100 lot and will be delivered vacant at closing.
Key Highlights
- Renovated 5‑family brick attached building on a 20x100 lot; building size 20x58
- 5 residential units with flexible layouts: 3‑bedroom, 2‑bedroom, and 1‑bedroom configurations
- Each unit has a full bathroom and finished basement space with additional bathrooms
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 | $233.9k | $50.40 |
| − Vacancy | −$8.9k | −$1.92 |
| EGI | $225.0k | $48.48 |
| − OpEx | −$101.2k | −$21.82 |
| NOI | $123.7k | $26.67 |
4,640 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.06M
NOI $123,733 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,559 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,625
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated five-family brick attached property with five units, each with a full bathroom and finished basement space.
Where is this apartment building located?
The property is located at 759 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Renovated 5‑family brick attached building on a 20x100 lot; building size 20x58; 5 residential units with flexible layouts: 3‑bedroom, 2‑bedroom, and 1‑bedroom configurations; Each unit has a full bathroom and finished basement space with additional bathrooms
