529 E 51st St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $11,995/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Back Yard
- Resident Manager or Management On Site
- Secure Lobby
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,028
Year Built
- Built in 1931
Lot Details
- 2,504 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 9 Full Bathrooms
- 7,140 Sq Ft Home
- 4-Story Property
- Stove
- Finished Basement
Flooring
- Wood
- Tile
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 792
Community Details
Building Details
- 9 Vacant Units
- Fuel Expense $8,900
- Insurance Expense $7,800
- Utility Expense $1,300
- Gross Income $166,435
- Net Operating Income $106,707
Additional Features
- 9 Units
- Secure Lobby
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,907 | $38,940 | $3,000 | $35,940 |
| 2025 | $3,674 | $44,700 | $3,000 | $41,700 |
| 2024 | $3,674 | $37,320 | $3,000 | $34,320 |
| 2023 | $3,488 | $32,700 | $3,000 | $29,700 |
| 2022 | $3,421 | $35,820 | $3,000 | $32,820 |
| 2021 | $3,584 | $33,840 | $3,000 | $30,840 |
| 2019 | $3,140 | $27,060 | $3,000 | $24,060 |
| 2018 | $2,858 | $15,480 | $2,186 | $13,294 |
| 2017 | $2,856 | $15,480 | $1,874 | $13,606 |
| 2016 | $2,761 | $15,363 | $2,027 | $13,336 |
| 2015 | $1,836 | $14,494 | $2,085 | $12,409 |
| 2014 | $1,836 | $13,674 | $2,363 | $11,311 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $1,850,000 | -5.1% | $259 / Sq Ft |
| 10/20/2025 10/20/25 | For Sale | $1,950,000 | -- | $273 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $170,000 | Fidelity National Title Ins | |
| Deed | $169,000 | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Unknown | |
| Closed | $13,407 | Unknown | |
| Closed | $85,467 | No Value Available | |
| Closed | $50,000 | No Value Available | |
| Closed | $55,829 | No Value Available | |
| Closed | $161,500 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 496729
APN: 04723-0046
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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