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Sunset Park 6-Family Brick House
For Sale
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827 49th Street, New York, NY 11220

Well-maintained 6-unit building with development potential in Sunset Park.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market101

Property Features for 827 49th Street

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Multifamily
Zoning R6

Building Details

Year Built 1926
Units 6
Listing Agency: REMAX EDGE
Listed By: Kelly Wu · License #New York
Source: Crexi
Added: May 14 Changed: Aug 17 Last Checked: Aug 21 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX EDGE

Investment Insights

Based on property information with market context.

Located in the heart of Sunset Park, this semi-detached brick house features six residential units. Each unit offers a flexible 2-bedroom layout, along with one bathroom. The building also includes an additional bathroom in the full, finished basement. The building itself measures 22x80 and sits 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, suggesting future development possibilities. The approximate maximum buildable area is 6,611 sq. ft. for residential use and up to 14,424 sq. ft. for community facility use. The property includes separate utility meters and a private driveway with multiple parking spaces. The property is near shopping, restaurants, schools, and public transportation, including the B11 and B70 buses, as well as the D, N, and Q trains. This property may be suitable for investors, developers, or end users seeking rental income and long-term growth.

Key Highlights

  • Rare 6‑family brick building in the heart of Sunset Park.
  • Excellent condition with six spacious units, each featuring flexible 2‑bedroom layouts.
  • Significant future development potential due to R6 zoning with high FAR: Residential FAR of 2.2, Facility FAR of 4.8.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

7,195
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 6-unit building with development potential in Sunset Park.
Where is this apartment building located?
The property is located at 827 49th Street New York, 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: Rare 6‑family brick building in the heart of Sunset Park.; Excellent condition with six spacious units, each featuring flexible 2‑bedroom layouts.; Significant future development potential due to R6 zoning with high FAR: Residential FAR of 2.2, Facility FAR of 4.8.
More about this property
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