Address
538 51st Street, Brooklyn, NY
Price
$ 1,950,000
Property Attributes
- MLS#503939
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodSunset Park
- Zip11220
- StyleMulti-Family
- Year Built1905
- Taxes$ 4768
- Price$ 1,950,000
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2892
- Lot Size0.04713 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Prime Real Estate Investment! 3-family brick house boasting 3.5 above-grade levels, with a building size of 20.5x47 on a 20.5x100 lot. Features separate utilities with 3 electric meters and 4 gas meters. Ideally located in the heart of Sunset Park, with convenient access to neighborhood shopping, restaurants, schools, parks, and everyday amenities. Excellent transportation, making commuting throughout Brooklyn and into Manhattan convenient. Can be delivered vacant!
| Price History | |
|---|---|
| 8/20/2026 | Listed $1,990,000 |
| 8/20/2026 | 3$1,950,000 |
General Features
| Net Operating Income | 68292.00 |
|---|---|
| Roof | Flat |
| Zoning | R6B |
| Electric | 110 V |
| Stories Count | 3 |
| Property Type | Residential |
| Block | 800 |
| Cap Rate | 0.04 |
| Lot Number | 22 |
| Yearly Taxes | 4768.00 |
| Transaction Type | Sale |
| Insurance Expense | 3300.00 |
| Utility Expense | 840.00 |
| Gross Expense | 18108.00 |
| Financing | Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 86400 |
| Status | Active |
| Fuel Expense | 4800.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 31 |
| MLS Area | Sunset Park |
| Sub Type | Multi-Family |
| Year Built | 1905 |
| City | Brooklyn |
| Borough | Brooklyn |
| Residential Features | Refrigerator,Stove |
| DOM | 31 |
| Sale Type | Arm's Length |
| # Families | 3 |
| Public Remarks | Prime Real Estate Investment! 3-family brick house boasting 3.5 above-grade levels,with a building size of 20.5x47 on a 20.5x100 lot. Features separate utilities with 3 electric meters and 4 gas mete |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Ceramic,Hardwood,Tile |
| Hot Water | Gas |
| Full Baths | 3 |
| Unit Count | 3 |
| Building Amenities | NONE |
| Sq Ft Total | 2892 |
| Basement Amenities | Unfinished,Other |
| Total Baths | 3.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back,Front |
| Foundation | Poured Concrete |
| Lot Sq Ft | 2053 |
| Building Length | 47.00 |
| Building Width | 21.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 21 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 11220
Price
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Brooklyn
$ 1,399,000
- Type
- Multi-Family
- Size
- 5,100 SqFt
- Rooms
- 17 Beds + 6 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,659,000
- Type
- Multi-Family
- Size
- 2,820 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Tiger Realty
Brooklyn
$ 2,099,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 3.5 Baths
Listed by: Real Estate Top Sales LLC
Brooklyn
$ 2,899,000
- Type
- Multi-Family
- Size
- 2,840 SqFt
- Rooms
- 8 Beds + 5 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 2,495,000
- Type
- Multi-Family
- Size
- 7,140 SqFt
- Rooms
- 0 Beds + 11 Baths
Listed by: Momentum Real Estate LLC
Brooklyn
$ 2,495,000
- Type
- Multi-Family
- Size
- 7,140 SqFt
- Rooms
- 0 Beds + 9 Baths
Listed by: Momentum Real Estate LLC
Brooklyn
$ 1,595,000
- Type
- Multi-Family
- Size
- 4,400 SqFt
- Rooms
- 14 Beds + 7 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 2,350,000
- Type
- Multi-Family
- Size
- 1,922 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,300,000
- Type
- Multi-Family
- Size
- 4,250 SqFt
- Rooms
- 0 Beds + 6 Baths
Listed by: Tiger Realty
Brooklyn
$ 1,325,000
- Type
- Multi-Family
- Size
- 2,352 SqFt
- Rooms
- 5 Beds + 4 Baths
Listed by: Tiger Realty
Brooklyn
$ 2,499,900
- Type
- Multi-Family
- Size
- 12,460 SqFt
- Rooms
- 36 Beds + 16 Baths
Listed by: E House Realty & Mgt. Inc.
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
Staten Island Board of REALTORS® (SIBOR)
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
OneKey® MLS required Copyright, Source of Data and Disclaimer for IDX display
Information Copyright 2026, OneKey® MLS. All Rights Reserved.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers' personal, non-commercial use.
The data relating to real estate for sale on this website comes in part from the
