530 50th Street, Brooklyn, NY, 11220

Address

530 50th Street, Brooklyn, NY

Listing Type

Multi-Family

Price

$ 2,495,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#504438
TypeMulti-Family
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodSunset Park
Zip11220
StyleMulti-Family
Year Built1921
Taxes$ 36527
Price$ 2,495,000
Bedrooms0
Full Bathrooms9
Half Bathrooms0
Sqr Footage7140
Lot Size0.057484 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street, Brooklyn NY 11220] and [Building 2 address: 530 50th Street, Brooklyn NY 11220]. Attention investors and/or 1031 exchange buyers! Exceptional opportunity to acquire a stable, income-producing multi-family portfolio in one of Brooklyn’s most resilient rental markets. This offering feature two separate multiple-dwelling rental buildings being sold together, delivering immediate cash flow and a reliable, low-vacancy track record. This property is part of a mandatory two-building portfolio package and cannot be purchased individually. Both properties must close simultaneously under two separate, concurrent contractual agreements. These two Multi-family investment buildings feature rent-stabilized and rent-controlled units, offering a stable and highly predictable cash flow asset. Each building has 10 individual gas meter and 10 individual electric meters. Each building has 9 apartments.

Price History
9/10/2026	Listed $2,495,000

General Features

Roof	Flat
Zoning	R6B
Electric	220 V,Circuit Breakers
Stories Count	4
Property Type	Residential
Block	792
Lot Number	15
Yearly Taxes	36527.00
Transaction Type	Sale
Insurance Expense	23841.00
Utility Expense	2626.00
Gross Expense	77044.00
Financing	1031 Exchange,Bank Mortgage,Cash
Building Type	Attached
Gross Income	363060
Status	Active
Fuel Expense	25220.00
Construction Materials	Brick
Cumulative Days on Market	6
MLS Area	Sunset Park
Sub Type	Multi-Family
Year Built	1921
City	Brooklyn
Borough	Brooklyn
Residential Features	Other
DOM	6
Sale Type	Arm's Length
# Families	9
Public Remarks	PORTFOLIO PACKAGE DEAL: TWO BUILDINGS SOLD TOGETHER (NO SEPARATE SALES). The sale includes both [Building 1 address: 528 50th Street,Brooklyn NY 11220] and [Building 2 address: 530 50th Street,Brookl

Interior Features

Heating Fuel	Gas
Flooring	Hardwood
Hot Water	Gas
Full Baths	9
Unit Count	9
Building Amenities	NONE
Sq Ft Total	7140
Basement Amenities	Finished,Full

Exterior Features

Exterior	Brick
Yard	Other
Foundation	Poured Concrete
Lot Sq Ft	2504
Building Length	89.00
Building Width	25.00
Property Panorama YN	Yes
Lot Size Length	100
Lot Size Width	25