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543 49th St 8 Unit Apartment Building $1,550,000 ($193,750/Unit) 8% Cap Rate Brooklyn, NY 11220

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EXECUTIVE SUMMARY

Rare-Find Great Investment 8-Family Building with 8% Cap is located in Prime Sunset Park Neighborhood. It features 8 two-bedroom apartments on the four stories Over basement with front separate entrance, net operation income is over $120,000 building size 25x69' sitting on 25x100' lot and huge potential for growth. Won't Last!

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $161,422 $25.43
Other Income - -
Vacancy Loss - -
Effective Gross Income $161,422 $25.43
Taxes $16,827 $2.65
Operating Expenses $23,276 $3.67
Total Expenses $40,103 $6.32
Net Operating Income $121,319 $19.11

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $161,422
Annual Per SF $25.43
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $161,422
Annual Per SF $25.43
Taxes
Annual $16,827
Annual Per SF $2.65
Operating Expenses
Annual $23,276
Annual Per SF $3.67
Total Expenses
Annual $40,103
Annual Per SF $6.32
Net Operating Income
Annual $121,319
Annual Per SF $19.11

PROPERTY FACTS Under Contract

Price $1,550,000
Price Per Unit $193,750
Sale Type Investment
Cap Rate 8%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,348 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Opportunity Zone Yes
Zoning R6B - Medium density residential district

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00775-0068
Land Assessment
$13,500 (2025)
Improvements Assessment
$660,600 (2025)
Total Assessment
$674,100 (2025)
Annual Taxes
$16,827 ($2.65/SF)
Tax Year
2024
  • Listing ID: 35349674

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 543 49th St, Brooklyn, NY 11220

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