350 E 51st Street, Brooklyn, NY 11203

$999,999

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List Price
$999,999
Status
ACTIVE
MLS#
1051701
Year Built
1931
Days on Market
1
Acres
0.06
County
Brooklyn
City Orig
Brooklyn
Neighborhood
Brooklyn
Lot Size
2500

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

Additional Information

Heating
Baseboard, Oil
Cooling
None
Sewer
Public Sewer
Elementary School
Ps 268 Emma Lazarus
Middle School
Middle School Of Media Law And Fine Arts (The)
High School
Brooklyn Bridge Academy
School District
Brooklyn 18
Sq Ft
2500
Taxes
$19,184
Parking
Off Street
Water
Public

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Listing courtesy of Listing Agent: Jackson Cortez (Jackson1stAmericanProperties@gmail.com) from Listing Office: 1st American One NYC LTD.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.