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$999,999
Est. payment /mo
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision East Flatbush
MLS Listing ID 1051701
Rental Info No
Year Built 1931
Annual Tax Amount $19,184
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
350 E 51st St – Listing Description
Investment Opportunity – Legal 6-Unit Building in Brooklyn
Welcome to 350 E 51st Street, a legal six-unit multifamily property offering an excellent opportunity to acquire an established producing asset in a highly active Brooklyn rental market.
The building consists of six residential apartments, including one one-bedroom unit and five two-bedroom units, providing a strong and diversified rent roll. The property is rent stabilized and is currently occupied, making it well suited for an investor looking for an existing multifamily asset with consistent in-place income.
The building is in good overall condition and also features an unfinished basement currently utilized for storage, providing additional functional space for the property.
Conveniently located in Brooklyn with access to neighborhood shopping, restaurants, schools, parks, public transportation, and major roadways, the property benefits from the consistent rental demand and accessibility that make this area attractive to long-term multifamily investors.
Property Highlights:
Legal 6-unit multifamily building
Rent stabilized
1 one-bedroom apartment
5 two-bedroom apartments
Strong existing rent roll
Property currently occupied
Good overall condition
Unfinished basement utilized for storage
Established Brooklyn rental location
Excellent opportunity for a long-term multifamily investor
Investment Opportunity – Legal 6-Unit Building in Brooklyn
Welcome to 350 E 51st Street, a legal six-unit multifamily property offering an excellent opportunity to acquire an established producing asset in a highly active Brooklyn rental market.
The building consists of six residential apartments, including one one-bedroom unit and five two-bedroom units, providing a strong and diversified rent roll. The property is rent stabilized and is currently occupied, making it well suited for an investor looking for an existing multifamily asset with consistent in-place income.
The building is in good overall condition and also features an unfinished basement currently utilized for storage, providing additional functional space for the property.
Conveniently located in Brooklyn with access to neighborhood shopping, restaurants, schools, parks, public transportation, and major roadways, the property benefits from the consistent rental demand and accessibility that make this area attractive to long-term multifamily investors.
Property Highlights:
Legal 6-unit multifamily building
Rent stabilized
1 one-bedroom apartment
5 two-bedroom apartments
Strong existing rent roll
Property currently occupied
Good overall condition
Unfinished basement utilized for storage
Established Brooklyn rental location
Excellent opportunity for a long-term multifamily investor
Location
State NY
County Kings (brooklyn)
Rooms
Basement Partially Finished, Walk-Out Access
Interior
Heating Baseboard, Oil
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 268 Emma Lazarus
Middle Schools Middle School Of Media Law And Fine Arts (The)
High Schools Brooklyn 18
School District Brooklyn 18
Others
Special Listing Condition None
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Listed by 1st American One NYC LTD • Jackson Cortez
NEARBY SCHOOL & BUSINESS
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