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559 51st St 6 Unit Apartment Building $2,880,000 ($480,000/Unit) Brooklyn, NY 11220
Executive Summary
Rare Detached 6-Family Brick Building in Prime Sunset Park, Brooklyn! Incredible investment opportunity! Features five spacious 2-bedroom units and one 1-bedroom unit, providing strong and consistent rental income in a high-demand area. Three floors plus a full basement, this solid brick building includes a shared driveway with a locked gate and private parking for 2+ cars in the rear. Located near schools, supermarkets, restaurants, just a short walk to the N train subway -- this property offers convenience for tenants. Zoned R6B with C2 overlay, giving you optional use for retail or commercial stores on the first floor—perfect for future mixed-use development or additional income potential. Don't miss this exceptional opportunity to own a turnkey property in one of Brooklyn’s most desirable and growing neighborhoods! LOCATION!!
Property Facts
| Price | $2,880,000 | Building Class | B |
| Price Per Unit | $480,000 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 4,400 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1922 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R6B - Medium density residential district | ||
| Price | $2,880,000 |
| Price Per Unit | $480,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
| Zoning | R6B - Medium density residential district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 686 |
| 2+1 | 5 | - | 945 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00792-0044 | Improvements Assessment | $544,050 |
| Land Assessment | $5,850 | Total Assessment | $549,900 |
Property Taxes
Parcel Number
00792-0044
Land Assessment
$5,850
Improvements Assessment
$544,050
Total Assessment
$549,900
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559 51st St