352 63rd St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $9,235/month
Total Views
127
12
Beds
6
Baths
5,549
Sq Ft
$250
Price per Sq Ft
Highlights
- Wood Flooring
- 5-minute walk to 59 Street (N,R Line)
- Heating System Uses Steam
- Junior High School 227 Edward B Shallow Rated A-
- Multiple cooling system units
- 3-minute walk to John Allen Payne Playground
About This Home
Welcome to this rare, oversized six-family brick home located in the heart of Sunset Park, Brooklyn, offering an impressive cap rate of up to 7%! This well-maintained three-story building with a semi-finished basement features six spacious units, all with practical two-bedroom layouts and separate living rooms and kitchens. Every room—including bedrooms, living rooms, kitchens, and bathrooms—has windows, providing excellent natural light and ventilation throughout. Projected annual rental income is approximately $138,179 with low operating expenses and strong cash flow. Two units are currently vacant; rents were around $1,950 and can be adjusted to $2,000+ based on current DHCR registration and market conditions, offering value-add potential for investors or owner-occupiers. The building measures approx. 22.8 x 81 ft and sits on a 22.83 x 100 ft lot. Located just minutes from supermarkets, restaurants, N/R subway lines, multiple bus routes, and major highways—an unbeatable location for both convenience and future appreciation. This is an ideal opportunity for end-users, investors, or those looking to complete a 1031 exchange. Don’t miss out—schedule your private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,615
Year Built
- Built in 1927
Lot Details
- 2,283 Sq Ft Lot
- Lot Dimensions are 100 x 23
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 5,549 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5808
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $4,664
- Insurance Expense $4,000
- Utility Expense $1,007
- Gross Income $138,179
- Net Operating Income $7
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $1,388,000 | -- | $250 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Similar Homes in Brooklyn, NY
Source: Brooklyn Board of REALTORS®
MLS Number: 494877
APN: 05808-0025
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