723 51st Street, Brooklyn, NY 11220
Local realty services provided by:ERA Top Service Realty
723 51st Street,Brooklyn, NY 11220
$1,665,000
- 8 Beds
- 4 Baths
- 1,600 sq. ft.
- Multi-family
- Active
Listed by: yan mei (jamie) zheng
Office: tiger realty
MLS#:502050
Source:BROOKLYN
Price summary
- Price:$1,665,000
- Price per sq. ft.:$1,040.63
About this home
Prime Sunset Park Investment Opportunity! Situated on a 20' x 80' lot with a 20' x 45' building footprint, this vacant two-family property is located in an R6B zoning district, offering excellent long-term value and potential for future development opportunities.
The property features a total of 8 bedrooms and 4 full bathrooms. The first-floor unit offers 4 bedrooms and 2 full bathrooms, while the second-floor unit features 4 bedrooms, 2 full bathrooms, and access to a spacious private terrace. A fully finished basement and a large backyard provide additional flexibility and usable space.
Delivered vacant at closing, this home presents a rare opportunity for investors, end-users, and developers alike. Whether you're looking to generate rental income, renovate to maximize value, or explore future development possibilities, this property offers tremendous potential.
Conveniently located in the heart of Sunset Park, just minutes from shopping, supermarkets, restaurants, schools, parks, and public transportation. A rare chance to acquire a versatile property in one of Brooklyn's most desirable and rapidly growing neighborhoods. Buyers are encouraged to perform their own due diligence regarding zoning and development potential....
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Home facts
- Year built:1940
- Listing ID #:502050
- Added:1 day(s) ago
- Updated:June 06, 2026 at 11:15 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Bathrooms Description:2 Bathroom(s) on Level 1, 2 Bathroom(s) on Level 2
- Kitchen Description:Refrigerator, Stove
- Bedroom Description:4 Bedroom(s) on Level 1, 4 Bedroom(s) on Level 2
- Basement Description:Finished, Full
- Living area:1,600 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Tile
- Year built:1940
- Building area:1,600 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Back Yard
- Foundation Description:Poured Concrete
- Levels:2 Stories
Finances and disclosures
- Price:$1,665,000
- Price per sq. ft.:$1,040.63
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