Six-Family Apartment
For Sale
$2,100,000
819 49th Street, Brooklyn, NY 11220
Residential, Brooklyn, NY
Property Size5,280 SF
Lot Size0.07 Acres
Price / SF$397.73
Days on Market120
Property Features for 819 49th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 10, Bedroom 2, Bedroom 5, Bedroom 9, Bedroom 7, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 8, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 1, Bedroom 11, Bathroom 6, Bedroom 3, Bedroom 6
Interior features
Stove
Subdivision
Sunset Park
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
Buildings
1
Listing Agency:
Tiger Realty
Listed By:
Peter Pan · License #10401215383
(917) 708-9966
Added: Jul 6
Changed: Oct 30
Last Checked: Nov 2 at 2:06AM
MLS# 502823
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.
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Investment Insights
Based on property information with market context.
This six-family apartment property contains 5,280 square feet on a 0.0689-acre parcel. The lot measures 30 feet by 100.17 feet, while the building measures 22 feet by 80 feet. Interior details include tile flooring and a stove, complemented by a tile roof. The property is zoned R6 with an FAR of 3.0; an architect should be consulted regarding precise FAR utilization.
Located at 819 49th Street in Brooklyn, the property is positioned near 8th Avenue in a business district with retail corridors, parks, essential amenities, and major transit options. The surrounding area includes both residential and commercial activity, supporting the property’s apartment-building classification and mixed neighborhood context.
Located at 819 49th Street in Brooklyn, the property is positioned near 8th Avenue in a business district with retail corridors, parks, essential amenities, and major transit options. The surrounding area includes both residential and commercial activity, supporting the property’s apartment-building classification and mixed neighborhood context.
Key Highlights
- Six‑family apartment property
- 5,280 square feet of property size
- 30 ft x 100.17 ft lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,728
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,914,560
$2.9M
Cap Rate 7%
$2,081,829
$2.1M
Cap Rate 9%
$1,619,200
$1.6M
Market Conditions
NOI Build-Up for 5,280 SF
Gross rent
$253.4K $48.00/SF
− Vacancy
−$20.3K −$3.84/SF
EGI
$233.2K $44.16/SF
− OpEx
−$87.4K −$16.56/SF
NOI
$145.7K $27.60/SF
Area
ZIP 11220
Vacancy
8.00%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,914,560
Cap Rate 7%
$2,081,829
Cap Rate 9%
$1,619,200
Alternative Uses
Best Use
Mixed Use
$2.08M
$1.82M – $2.43M
NOI $145,728 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$2.01M
$1.76M – $2.35M
NOI $140,800 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$3.42M
$3.00M – $3.99M
NOI $239,602 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
7,195
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Six-family residential property with R6 zoning, tile flooring, and a tile roof.
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 $2,100,000.
What are key features of this property?
This property features: Six‑family apartment property; 5,280 square feet of property size; 30 ft x 100.17 ft lot
