Six-Unit Brick Apartment
New
For Sale
$2,198,000
759 52nd St, Brooklyn, NY 11220
The finished basement has a dedicated entrance, and all six apartments are vacant.
Property Size4,640 SF
Lot Size0.05 Acres
Days on Market3
Property Features for 759 52nd St
General Information
Standard status
Active
Size
4,640 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$15,220
Amenities
finished basement
Building Details
Building Size
4,640 SF
Year Built
1907
Buildings
1
Stories
3
Construction
attached brick
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Source:
Elliman
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:23AM
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 Tiger Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This attached brick apartment property contains six residential units and was built in 1907. The building measures 20 × 58 feet on a 20 × 100-foot lot. A finished basement, reached through a separate entrance, adds usable interior space. The property has been renovated, and all six apartments are currently vacant.
At 759 52nd St in Brooklyn, the property is near shopping, dining, and public transportation. Its reported scores are 91 for walking, 89 for transit, and 74 for biking.
At 759 52nd St in Brooklyn, the property is near shopping, dining, and public transportation. Its reported scores are 91 for walking, 89 for transit, and 74 for biking.
Key Highlights
- Six residential units; all are vacant
- Attached brick building, renovated
- Building dimensions: 20 × 58 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,733
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,474,660
$2.5M
Cap Rate 7%
$1,767,614
$1.8M
Cap Rate 9%
$1,374,811
$1.4M
Market Conditions
NOI Build-Up for 4,640 SF
Gross rent
$233.9K $50.40/SF
− Vacancy
−$8.9K −$1.92/SF
EGI
$225.0K $48.48/SF
− OpEx
−$101.2K −$21.82/SF
NOI
$123.7K $26.67/SF
Area
ZIP 11220
Vacancy
3.80%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,474,660
Cap Rate 7%
$1,767,614
Cap Rate 9%
$1,374,811
Alternative Uses
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.06M
NOI $123,733 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,559 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The finished basement has a dedicated entrance, and all six apartments are vacant.
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 $2,198,000.
What are key features of this property?
This property features: Six residential units; all are vacant; Attached brick building, renovated; Building dimensions: 20 × 58 feet
