346 52nd St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $8,828/month
Highlights
- Wood Flooring
- 2-minute walk to 53 Street
- Back Yard
- Heating System Uses Steam
About This Home
Prime Investment Opportunity: This solid 2-family home is a high-yield asset in a rapidly appreciating neighborhood. The property features a 3-bedroom, 1-bath unit on the 1st floor and a 3-bedroom, 1-bath unit on the 2nd floor. The financials are the standout here: the property generates $10,900 in total monthly income with remarkably low overhead and property taxes of just $4,617 a year. Ideally located near local transit and major hubs, this is a turnkey-style addition to any portfolio with significant rental upside. Priced to move and ready for its next owner—don’t miss this deal.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,617
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Vinyl Siding
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Additional Features
- Wood Flooring
- 3 Full Bathrooms
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tax Block 806
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $5,500
- Insurance Expense $5,000
- Utility Expense $1,200
- Gross Income $130,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,617 | $81,180 | $16,500 | $64,680 |
| 2024 | $4,617 | $88,800 | $16,500 | $72,300 |
| 2023 | $4,632 | $93,720 | $16,500 | $77,220 |
| 2022 | $4,367 | $94,980 | $16,500 | $78,480 |
| 2021 | $4,423 | $87,420 | $16,500 | $70,920 |
| 2020 | $2,088 | $85,140 | $16,500 | $68,640 |
| 2019 | $4,007 | $85,320 | $16,500 | $68,820 |
| 2018 | $3,875 | $19,008 | $5,323 | $13,685 |
| 2017 | $3,716 | $18,230 | $5,018 | $13,212 |
| 2016 | $3,501 | $17,514 | $5,700 | $11,814 |
| 2015 | $1,855 | $16,635 | $6,654 | $9,981 |
| 2014 | $1,855 | $15,963 | $5,955 | $10,008 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $1,580,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,500 | -- | |
| Deed | $999,500 | -- | |
| Deed | $999,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $140,000 | Chicago Title Insurance Co | |
| Deed | $140,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $795,000 | Purchase Money Mortgage | |
| Closed | $795,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 500031
APN: 00806-0025
- 342 53rd St Unit 3-F
- 368 54th St
- 5407 4th Ave
- 5411 4th Ave
- 422 54th St
- 5001 4th Ave
- 5505 4th Ave
- 445 53rd St
- 416 50th St
- 314 49th St
- 326 56th St Unit TH
- 338 56th St
- 211 E 53rd St Unit 10F
- 211 E 53rd St Unit PHD
- 211 E 53rd St Unit 12C
- 211 E 53rd St Unit 6-A
- 229 55th St Unit 3A
- 229 55th St Unit 2A
- 247 50th St
- 462 52nd St Unit 2D
- 5201 4th Ave
- 5010 4th Ave
- 434 55th St Unit 2
- 211 E 53rd St Unit 3M
- 211 E 53rd St Unit 14A
- 229 55th St Unit C1
- 522 51st St Unit 1
- 318 45th St Unit 2
- 5101 6th Ave Unit 1F
- 6020 3rd Ave
- 422 61st St
- 250 61st St
- 5813 6th Ave
- 354 62nd St Unit 1R
- 5301 7th Ave
- 561 61st St Unit 2R
- 5915 7th Ave
- 766 55th St
- 761 58th St Unit B
- 763 58th St Unit CU2
Ask me questions while you tour the home.