$999,999
- 13 Beds
- 7 Baths
- 6,000 sqft
350 E 51st St, Brooklyn, NY 11203
Est. Mortgage $5,705/mo*
Get Pre-QualifiedHome Highlights
HOA
None
Price/Sqft
$167
Listed
5 days ago
Local Information
-- mins to
About this House
350 E 51st St – Listing Description
Investment Opportunity – Legal 6-Unit Building in Brooklyn
Welcome to 350 E 51st Street, a legal six-unit multifamily property offering an excellent opportunity to acquire an established income-producing asset in a highly active Brooklyn rental market.
The building consists of six residential apartments, including one one-bedroom unit and five two-bedroom units, providing a strong and diversified rent roll. The property is rent stabilized and is currently occupied, making it well suited for an investor looking for an existing multifamily asset with consistent in-place income.
The building is in good overall condition and also features an unfinished basement currently utilized for storage, providing additional functional space for the property.
Conveniently located in Brooklyn with access to neighborhood shopping, restaurants, schools, parks, public transportation, and major roadways, the property benefits from the consistent rental demand and accessibility that make this area attractive to long-term multifamily investors.
Property Highlights:
Legal 6-unit multifamily building
Rent stabilized
1 one-bedroom apartment
5 two-bedroom apartments
Strong existing rent roll
Property currently occupied
Good overall condition
Unfinished basement utilized for storage
Established Brooklyn rental location
Excellent opportunity for a long-term multifamily investor
Private showings only.
Income & Expense Overview – 350 E 51st St
Current Rent Roll:
1F – 1 Bedroom: $1,200/month
1B – 2 Bedroom: $1,400/month
2F – 2 Bedroom: $1,578/month
2B – 2 Bedroom: $1,360/month
3F – 2 Bedroom (Family Occupied): $500/month
3B – 2 Bedroom: $1,430/month
Current Monthly Gross Income: $7,468
Current Annual Gross Income: $89,616
Estimated Annual Operating Expenses:
Real Estate Taxes: Approximately $12,000
Insurance: $3,800
Fuel: $5,000
Other Expenses: $3,000
Total Estimated Annual Expenses: $23,800
Estimated Net Operating Income (NOI): $65,816 annually
Income and expenses are based on information provided by ownership and are subject to independent verification by prospective purchasers.
Investment Opportunity – Legal 6-Unit Building in Brooklyn
Welcome to 350 E 51st Street, a legal six-unit multifamily property offering an excellent opportunity to acquire an established income-producing asset in a highly active Brooklyn rental market.
The building consists of six residential apartments, including one one-bedroom unit and five two-bedroom units, providing a strong and diversified rent roll. The property is rent stabilized and is currently occupied, making it well suited for an investor looking for an existing multifamily asset with consistent in-place income.
The building is in good overall condition and also features an unfinished basement currently utilized for storage, providing additional functional space for the property.
Conveniently located in Brooklyn with access to neighborhood shopping, restaurants, schools, parks, public transportation, and major roadways, the property benefits from the consistent rental demand and accessibility that make this area attractive to long-term multifamily investors.
Property Highlights:
Legal 6-unit multifamily building
Rent stabilized
1 one-bedroom apartment
5 two-bedroom apartments
Strong existing rent roll
Property currently occupied
Good overall condition
Unfinished basement utilized for storage
Established Brooklyn rental location
Excellent opportunity for a long-term multifamily investor
Private showings only.
Income & Expense Overview – 350 E 51st St
Current Rent Roll:
1F – 1 Bedroom: $1,200/month
1B – 2 Bedroom: $1,400/month
2F – 2 Bedroom: $1,578/month
2B – 2 Bedroom: $1,360/month
3F – 2 Bedroom (Family Occupied): $500/month
3B – 2 Bedroom: $1,430/month
Current Monthly Gross Income: $7,468
Current Annual Gross Income: $89,616
Estimated Annual Operating Expenses:
Real Estate Taxes: Approximately $12,000
Insurance: $3,800
Fuel: $5,000
Other Expenses: $3,000
Total Estimated Annual Expenses: $23,800
Estimated Net Operating Income (NOI): $65,816 annually
Income and expenses are based on information provided by ownership and are subject to independent verification by prospective purchasers.
Contact this Building
Last check for updates: about 9 hours ago
Listing by: 1st American One NYC Ltd, (347) 466-1221
Jackson Cortez
Source: StreetEasy, MLS#S1843647
Home Details for 350 E 51st St
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MLS Status: Active |
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Interior Details Number of Rooms: 34 |
Beds & Baths Number of Bedrooms: 13Number of Bathrooms: 7Number of Bathrooms (full): 7 |
Dimensions and Layout Living Area: 6000 Square Feet |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage No Garage |
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Days on Market: 5 |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $999,999Price Per Sqft: $167 |
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Direction & Address City: BrooklynCommunity: East Flatbush |
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Listing Agent Listing ID: S1843647 |
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Building Area Building Area: 6000 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1843647Listing Url |
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STREETEASY Property ID: 9503997STREETEASY Building ID: 6457934 |
Around this home
What Locals Say about East Flatbush
At least 1261 Trulia users voted on each feature.
91 % Say it's walkable to grocery stores
91 % Say there are sidewalks
79 % Say it's walkable to restaurants
78 % Say streets are well-lit
73 % Say it's dog friendly
65 % Say yards are well-kept
58 % Say people would walk alone at night
58 % Say kids play outside
57 % Say there's holiday spirit
51 % Say neighbors are friendly
51 % Say they plan to stay for at least 5 years
44 % Say car is needed
44 % Say there are community events
41 % Say it's quiet
36 % Say parking is easy
26 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $1,257,000 | 02/04/26 | 8 | 5 | 4,320 | |
0.33 | Multi-Family Home | $13,100,000 | 12/04/25 | 9 | 6 | 3,240 | |
0.37 | Multi-Family Home | $1,160,000 | 12/16/25 | 8 | 4 | 3,706 | |
0.12 | Multi-Family Home | $1,102,000 | 06/01/26 | 7 | 2 | 2,706 | |
0.26 | Multi-Family Home | $1,010,000 | 01/30/26 | 6 | 4 | 2,600 | |
0.12 | Multi-Family Home | $1,075,000 | 09/17/25 | 6 | 1 | 2,900 | |
0.23 | Multi-Family Home | $1,500,000 | 05/04/26 | 5 | 3 | 2,936 | |
0.31 | Multi-Family Home | $100 | 12/01/25 | 6 | 2 | 4,000 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $2,350,000 | 20 | 16 | 14,400 | For Sale | |
0.03 | $600,000 | 3 | 3 | 1,540 | Recently Sold | |
0.03 | $1,000,000 | 6 | 2 | 2,100 | For Sale | |
0.04 | $900,000 | Studio | - | - | Recently Sold | |
0.09 | $1,100,000 | Studio | 4 | - | For Sale | |
0.07 | $826,800 | 3 | 2.5 | - | Off Market | |
0.12 | $1,135,100 | 6 | 1 | 2,900 | Off Market | |
0.09 | $950,000 | Studio | 2 | - | Recently Sold | |
0.09 | $812,700 | 1 | - | - | Off Market | |
0.12 | $760,000 | 3 | 1.5 | 1,414 | Foreclosure | |
0.10 | $1,250,600 | 6 | 2 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 26, 2026 Source: StreetEasy #S1843647 | Listed For Sale | $999,999 |
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Frequently asked questions about 350 E 51st St
- What is the estimated monthly payment for 350 E 51st St?Based on a $999,999 list price with 20% down at today's rates, the estimated monthly payment for 350 E 51st St in Brooklyn, NY is approximately $5,843 (about $5,168 principal & interest, $600 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 350 E 51st St compare to homes in Brooklyn?350 E 51st St in Brooklyn, NY is listed at $999,999, about 26% above the $794K median sale price in Brooklyn.
- What do residents say about the East Flatbush neighborhood?Residents describe the East Flatbush neighborhood in Brooklyn, NY as walkable to grocery stores, pedestrian-friendly, and walkable to restaurants. See homes for sale in East Flatbush, Brooklyn.
- What are the closest schools to 350 E 51st St?The closest schools to 350 E 51st St in Brooklyn, NY are Kurt Hahn Expeditionary Learning School (High, rated 8/10), Middle School of Media Law and Fine Arts (The) (rated 8/10), Ps 268 Emma Lazarus (Pre-K/Elementary, rated 5/10).
350 E 51st St, Brooklyn, NY 11203 is a 13 bedroom, 7 bathroom, 6,000 sqft multi-family built in 1931. 350 E 51st St is located in East Flatbush, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Aug 26, 2026. The MLS # for this home is MLS# S1843647.