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341 E 51st St 2 Unit Apartment Building $1,175,000 ($587,500/Unit) 7% Cap Rate Brooklyn, NY 11203
Executive Summary
Safdie Realty Group has been exclusively retained to sell 341 East 51st Street. The subject property is located between Linden Boulevard & Church Avenue in East Flatbush, Brooklyn. The property is a 3 story legal 2 family built 20 ft x 35 ft on a 20 ft x 100 ft.
Unit 2: The second floor unit consists of 3 Bedroom 1 Bathroom that can be delivered rented at $3,753. This unit has private rooftop access.
Unit 1: The first floor unit, owners unit, consists of 3 Bedrooms 1 Bathroom. This unit has private access to the backyard. Basement has a separate entrance - Can be rented to tenant for additional income.
The property has 1 Private On-Site Parking in the front driveway.
Ideal For FHA Buyers!
Unit 2: The second floor unit consists of 3 Bedroom 1 Bathroom that can be delivered rented at $3,753. This unit has private rooftop access.
Unit 1: The first floor unit, owners unit, consists of 3 Bedrooms 1 Bathroom. This unit has private access to the backyard. Basement has a separate entrance - Can be rented to tenant for additional income.
The property has 1 Private On-Site Parking in the front driveway.
Ideal For FHA Buyers!
Property Facts
| Price | $1,175,000 | Building Class | C |
| Price Per Unit | $587,500 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 2,100 SF |
| Cap Rate | 7% | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1910/2026 |
| Property Subtype | Apartment | ||
| Zoning | R5 | ||
| Price | $1,175,000 |
| Price Per Unit | $587,500 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,100 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2026 |
| Zoning | R5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | 1,000 |
| 3+1 | 2 | - | 1,000 |
1 1
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04677-0063 | Improvements Assessment | $38,400 |
| Land Assessment | $14,820 | Total Assessment | $53,220 |
Property Taxes
Parcel Number
04677-0063
Land Assessment
$14,820
Improvements Assessment
$38,400
Total Assessment
$53,220
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341 E 51st St