$999,999

243 E 51st St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated payment $6,706/month

Total Views 5,717
12 Beds
6 Baths
5,330 Sq Ft
$188 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard

About This Home

Solid 6-Family Brick Investment Property in East Flatbush, Brooklyn this well-maintained 6-family brick building offers six identical units, each featuring 2 bedrooms and 4 spacious rooms. With a generous lot size of 2,667 sq ft and a total building size of 5,330 sq ft, the property presents a strong opportunity for steady rental income. Conveniently situated near restaurants and public transportation, it delivers both livability and location appeal in one of Brooklyn's rising residential corridors.

Listing Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 07/15/2025

RE/MAX Real Estate Professionals

Co-Listing Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,780

Year Built

  • Built in 1931

Lot Details

  • 2,667 Sq Ft Lot
  • Lot Dimensions are 100 x 26
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,330 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4638

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $2,800
  • Utility Expense $750
  • Gross Income $180,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,780

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 82.00
  • Building Width: 22.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarkson Ave
  • Cross Street Name2: Lenox Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator
  • Rooms Total Level3: 8
  • Fill Sq Ft Total: 5330
  • Building Stories: 3
  • Street Name I D X: 51st
  • Building Style: Other
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2667

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 39
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3600.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R6

Rental Info

  • Rent Income: 15000

Multi Family

  • Annual Gross Expense: 100200.00
  • Annual Gross Income: 180000
  • Insurance Expense: 2800.00
  • Unit Count: 6
  • Annual Utility Expenses: 750.00

Tax Info

  • Flip Tax Amount: 17780.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 For Sale $999,999 -- $188 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494093

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11203 East Flatbush

243 E 51st St, Brooklyn, NY

For Sale

MultiFamily

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Vito Angelo
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Vito Angelo
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RE/MAX Real Estate Professionals
(929) 339-0960