- For Sale $1,800,000
- Property Type Multi-Family
- Property Size 2,075 SF
- Units 9
- Lot Size 0.06 Acre
- Cap Rate % 0.06
- NOI / YR $106,707.00
- Taxes / YR $22,028.00
- Year Built 1931
- Date Updated Nov 6, 2026
Description
529 51st Street, Brooklyn (Sunset Park) 9-Unit Residential Building Located in the heart of Sunset Park, 529 51st Street offers an excellent investment opportunity. This well-maintained and clean building consists of nine rent-stabilized residential units with a gross annual rent roll of $166,435. The property is professionally managed and showcases strong tenancy with consistent income. Conveniently situated near local shopping, dining, and transportation options, this asset presents stable cash flow and long-term upside in one of Brooklyn s most desirable and evolving neighborhoods.
Highlights
- Resident Superintendent
- Secure Lobby
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Contacts
Ameer Hamdan
Gama Group LLC
Location
Located at 529 51st, Brooklyn, NY 11220, this property is part of the Sunset Park neighborhood and Brooklyn market.
Contact Listing Broker
Ameer Hamdan
Gama Group LLC
