$1,850,000

559 50th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $11,174/month

Total Views 1,723
16 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Back Yard

About This Home

Location!Location!Location! Sunset Park Great Investment. 6 families with huge 7% return. 4 units will be delivered vacant. 2 units tenant occupied paying rent on time. Each floor has 2 units. 1st floor and 3rd floor units are 3 beds 1bath. 2nd floor units are 2 beds 1 bath.

Listing Agent

Ying Zhang

Ashford Homes LLC Listed on: 07/16/2025

Co-Listing Agent

Ray Wu

Ashford Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,804

Year Built

  • Built in 1907

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 784

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $6,000
  • Insurance Expense $6,500
  • Utility Expense $500
  • Gross Income $158,400
  • Net Operating Income $125,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,804

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 7.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Beds Total Level1: 6
  • Beds Total Level2: 4
  • Beds Total Level3: 6
  • Borough: Brooklyn
  • Co List Office Mls Id: 119810
  • Co List Office Phone: (929) 364-1301
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th ave
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Alarm, Refrigerator, Stove
  • Rooms Total Level1: 6
  • Rooms Total Level2: 4
  • Rooms Total Level3: 6
  • Building Stories: 3
  • Street Name I D X: 50th
  • Street Number I D X: 559
  • Year Built: 1907
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 7
  • Total Bedrooms: 16
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2500
  • Total Rooms: 6

Exterior Features

  • Yard: Back, Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 53
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 6000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 33304.00
  • Annual Gross Income: 158400
  • Insurance Expense: 6500.00
  • Property Net Operating Income: 125096.00
  • Unit Count: 6
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 15804.00

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 Change Sq Ft Price
07/16/2025 07/16/25 For Sale $1,850,000 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494263

Brooklyn Board of REALTORS®

APN: 00784-0053

New York Kings County Brooklyn 11220 Sunset Park

559 50th St, Brooklyn, NY

This home is located at 559 50th St, Brooklyn, NY 11220 and is currently priced at $1,850,000. This property was built in 1907. 559 50th St is a home located in Kings County with nearby schools including P.S. 94 The Henry Longfellow School, Leep Dual Language Academy Charter School, and Our Lady Of Perpetual Help Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® 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.

Nearby Homes
Listing Agent
Ying Zhang
Section Image
Ashford Homes LLC
(347) 970-5653