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Sunset Park Six-Family House

827 49th Street Brooklyn, NY 11220

Claim this Listing
For Sale
$2,800,000

MULTI_FAMILY - Brooklyn, NY

Property size:
5,280 SF
Lot size:
0.07 Acres
Price / SF:
$530/SF
Added:
May 13, 2026
Days on Market:
61
Last Refresh:
Jul 12 at 4:06 am

Property Features for 827 49th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
12
Bathrooms
7
Rooms
Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 10, Bedroom 2, Bathroom 5, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 1
Interior features
A/C Unit - Window, Central Air - Split, Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
5,280 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
19903

Building Details

Year built
1926
Floors in Building
3
Number of units
6
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat

Listing agent Kelly Wu

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date May 13, 2026

MLS# 501354 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.


Investment Insights

Based on property information with market context.

Located in the heart of Sunset Park, Brooklyn, this is a rare six-family, semi-detached brick house. The well-maintained building features six spacious residential units, each with a flexible two-bedroom layout and one bathroom. There is an additional bathroom in the full, finished basement. The building size is 22x80 on a 30x100 lot. Zoned R6, the property has a Residential FAR of 2.2, a Facility FAR of 4.8, and a current FAR of 1.76, offering future development potential. The approximate maximum buildable area is 6,611 square feet for residential use and up to 14,424 square feet for community facility use. The property includes separate utility meters and a private driveway with multiple parking spaces. It is conveniently located near major shopping corridors, restaurants, schools, and public transportation, including the B11 and B70 buses, and the D, N, and Q trains. The property size is 5,280 square feet and the lot size is 0.069 acres.

Key Highlights

  • Brick 6‑family semi‑detached home built in 1926 with six units featuring flexible 2‑bedroom layouts
  • Each unit has 1 bathroom, plus an additional bathroom in the full, finished basement
  • Building dimensions 22x80 on a 30x100 lot, with a flat roof

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 5.03%
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 8.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

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 Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained six-unit building with development potential in Sunset Park.
Where is this apartment building located?
The property is located at 827 49th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Brick 6‑family semi‑detached home built in 1926 with six units featuring flexible 2‑bedroom layouts; Each unit has 1 bathroom, plus an additional bathroom in the full, finished basement; Building dimensions 22x80 on a 30x100 lot, with a flat roof
Contact an agent
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