702 E 51St St, Brooklyn, NY 11203
For Sale
This exceptional three-family home, located at 702 E 51st St in Brooklyn, NY 11203, presents a lucrative investment opportunity. Priced at $1,199,999, this property boasts a desirable location in the heart of East Flatbush, offering convenient access to public transportation and nearby shopping areas. The building features three apartments; one with three bedrooms, another with three bedrooms, and a third with two bedrooms. All units are enhanced by attractive hardwood floors throughout. A significant advantage is the expansive backyard, perfect for outdoor entertaining and relaxation. This property is situated in Kings County, New York, and its coordinates are 40.644048 latitude and -73.9287947 longitude. The multifamily nature of this property makes it an ideal investment for those seeking strong rental income potential. Its excellent location and desirable features make it a highly attractive prospect for both seasoned investors and those new to the market. The property's solid construction and well-maintained condition further enhance its appeal. This is a rare opportunity to acquire a substantial multifamily property in a thriving Brooklyn neighborhood. Don't miss out on this chance to own a piece of East Flatbush.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.