Building Details

Year built 1907

Floors in Building 3

Number of units 6

Flooring type Tile, Hardwood

Building materials Brick

Roof type Flat

Listing Agency: Tiger Realty

Listed By: Hang (Tyler) Chen · License #HC3855 Show Phone

Added: Oct 12 Last Checked: Oct 12 at 8:06PM

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MLS# 505269

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 attached brick apartment property contains six residential units and 4,640 square feet. The building measures 20 by 58 feet on a 20-by-100-foot lot, or 0.046 acres. A finished basement is accessible through a separate entrance. Interior features include wall-mounted air-conditioning units, refrigerators, stoves, and hardwood and tile flooring.

The property is zoned R6B and was built in 1907. Shopping, dining, and public transportation are nearby.

Key Highlights

• Six residential units; all are vacant
• 4,640 square feet in an attached brick building
• Building dimensions: 2058; lot dimensions: 20100

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 (±1% cap)

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 (±1% cap)

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

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - All six residences are vacant, and the finished basement has its own entrance.

Where is this apartment building located?

The property is located at 759 52nd Street 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; 4,640 square feet in an attached brick building; Building dimensions: 20*58; lot dimensions: 20*100