Six-Family Residential Income
819 49th Street Brooklyn, NY 11220
For Sale
$2,199,000
MULTI_FAMILY - Brooklyn, NY
Property Size5,280 SF
Lot Size0.07 Acres
Price / SF$416.48
Days on Market19
Property Features for 819 49th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bedroom 9, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 6, Bedroom 8, Bedroom 11, Bedroom 10, Bedroom 4
- 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
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Peter Pan · License #PP5383
(917) 708-9966
Added: Jul 6
Changed: Jul 12
Last Checked: Jul 24 at 6:06PM
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.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
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
NOI $239,602 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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
