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    FOR SALE
    Commercial real estate

    702 E 51St St, Brooklyn, NY 11203

    Property ID
    US63-5148295
    702 E 51St St, Brooklyn, NY 11203 For Sale
    $1,199,999
    702 E 51St St, Brooklyn, NY 11203
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-5148295
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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