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    Six-Family Residential Income Building Title is generated by Realmo AI

    819 49th Street, Brooklyn, NY 11220

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    Claim this Listing
    New
    For Sale
    $2,199,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    5,280 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $416/SF
    Added:
    Jul 6, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 8 at 11:06 pm

    Property Features for 819 49th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    11
    Bathrooms
    6
    Rooms
    Bedroom 7, Bedroom 10, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 11, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 6, Bedroom 3, Bedroom 8, Bedroom 9, Bedroom 4, Bathroom 4, Bathroom 5
    Interior features
    Stove
    Standard status
    Active
    Size
    5,280 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    19820

    Building Details

    Number of units
    6
    Flooring type
    Tile
    Roof type
    Tile

    We can help!

    Contact an agent
    Peter Pan

    Listing agent Peter Pan License #10401215383

    Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

    Listing date Jul 6, 2026

    MLS# 502823 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

    • 6‑family property on a 30 ft x 100.17 ft lot with a 22 ft x 80 ft building footprint
    • R6 zoning with FAR of 3.0 (please consult a licensed architect for precise FAR usage)
    • 11 bedrooms and 6 bathrooms across the home’s listed room layout
    • Tile flooring throughout
    • Kitchen includes a stove
    • Tile roof

    Overview

    This for-sale six-family residential income building is situated on a 30 ft x 100.17 ft lot, with a building footprint measuring 22 ft x 80 ft. The property is being presented as a multifamily investment with configuration suited to a six-unit setup, and it includes zoning information for planning purposes. The listing notes the property is R6 zoned with a FAR of 3.0; buyers should consult a licensed architect for precise and accurate FAR usage.

    The building is located at 819 49th Street in Brooklyn, NY 11220, and the remarks place it near 8th Avenue in the Sunset Park area. This area is described as a business corridor with neighborhood retail and community amenities, and the property is positioned for tenants and operators looking to be within an active commercial-residential environment.

    For investors or operators seeking a value-driven multifamily acquisition, this asset offers a clear six-family residential structure combined with R6 zoning parameters to support planning conversations. The property size is provided as 5,280 square feet, and the lot area is listed at 0.0689 acres. As with any redevelopment or expansion discussion, zoning limits should be verified through appropriate professional review before making final decisions.

    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 $266.1k $50.40
    − Vacancy −$10.1k −$1.92
    EGI $256.0k $48.48
    − OpEx −$115.2k −$21.82
    NOI $140.8k $26.67
    5,280 SF · lease $50.40/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.01M
    $1.76M – $2.35M (±1% cap)
    NOI $140,800 @ 7.0% cap · market cap 6.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.42M
    $3.00M – $3.99M (±1% cap)
    NOI $239,602 @ 7.0% cap · market cap 10.90%
    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 Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store Nursing Home Acupuncture Pet Grooming Service 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
    -74.002373
    Latitude
    40.641476

    FAQs

    What type of property is this?
    Apartment building - Six-unit residential income building on a 49th Street lot, offered with R6 zoning and FAR 3.0.
    Where is this apartment building located?
    The property is located at 819 49th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: 6‑family property on a 30 ft x 100.17 ft lot with a 22 ft x 80 ft building footprint; R6 zoning with FAR of 3.0 (please consult a licensed architect for precise FAR usage); 11 bedrooms and 6 bathrooms across the home’s listed room layout
    More about this property
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