490 E 51st St, Brooklyn, NY 11203
FOR SALE

$990,000

  • 13 Beds
  • 6.5 Baths
  • 5,412 sqft

490 E 51st St, Brooklyn, NY 11203

East Flatbush
Est. Mortgage $5,938/mo*
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We estimate this home will sell faster than 88% nearby.

Home Highlights

Single-Family Home
Built in 1920
$183/sqft

Local Information

  • Map ViewExplore the area around 490 E 51st St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

490 E 51st Street

Investment Opportunity - Legal 6 - Unit Building in Brooklyn

Excellent opportunity to acquire an income-producing asset in a highly desirable part of Brooklyn.

The property is 100% occupied, strong rent roll, rent stablized building. Perfect asset for an investor looking for an existing multifamily asset with strong cash flow.

Building has been very well maintained. Major systems have been updated throughout ownership.

Conveniently located near neighborhood shopping, restaurants, schools parks, public transportation, major roadways. This property benefits from consistent and strong rental demand which make this property and area very attractive to long-term multifamily investors.

Income & Expenses:

Rent Roll:

1F - 2 bedroom: $1,442/month
1R - 2 bedroom: $971.60/month
2F - 2 bedroom: $1,333.08/month
2R - 3 bedroom: $1,719.41/month
3F - 2 bedroom: $1,827/month
3R - 2 bedroom: $1,330.58/month

Monthly Gross income: $8,623.67
Annual Gross income: $103,484.04

Estimated Annual Operating Expenses:

Real Estate Taxes: $19,786
Insurance: $3,800
Water/ Sewer: $8,475.60
Common Electric: $1,440

Estimated Net Operating Income (NOI): $69,982/ year

Income and expenses are based on information provided by ownership and are subject to independent verification by prospective purchasers.
Contact this Building
Property Website
We estimate this home will sell faster than 88% nearby.
Last check for updates: about 9 hours ago
Listing by: SERHANT., (212) 258-1022
Benjamin Hedden
Abigail Palanca
Source: StreetEasy, MLS#S1845990

Home Details for 490 E 51st St

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 20
Beds & Baths
Number of Bedrooms: 13Number of Bathrooms: 7Number of Bathrooms (full): 6Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5412 Square Feet
Heating & Cooling
No Cooling
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: OtherExterior: Courtyard
Parking & Garage
No Garage

Days on Market

Days on Market: 9

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Rental Unit

Price & Status

Price
List Price: $990,000Price Per Sqft: $183

Location

Direction & Address
City: BrooklynCommunity: East Flatbush

Agent Information

Listing Agent
Listing ID: S1845990

Building

Building Area
Building Area: 5412 Square Feet

HOA

HOA Fee: No HOA Fee

Listing Info

Special Conditions: Resale

Miscellaneous

Mls Number: S1845990Listing Url

Additional Information

STREETEASY Property ID: 9620655STREETEASY Building ID: 6574544

Around this home

Neighborhood Overview

East Flatbush
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Cindyreneem12
    "My neighbor is Flatbush area. You’ll be able to find transportation easily. There’s buses, trains, citi bikes, cabs and dollar cabs"
    0
    Flag
  • Trulia User
    "Lovely community that keeps on grounded. The garbage streets is improved as it seems more landlords are cleaning the street but there are spots that remain gross especially adjacent to empty lots or building construction areas. Most people are friendly to newcomers. Prospect park is a huge asset. I am impressed and pleased that NYC is taking care of and improving the park especially south of Lincoln ave. "
    0
    Flag
  • Will Thompson
    "It depends on the time of day but for the most part it’s smooth. Centrally located from banks, major shopping and the subway "
    0
    Flag
  • Vaina Cayo-Augustin
    "Block party annual gatherings. Parties as everyone is familiar with everyone, neighborhood are safe and neighbors are nice"
    0
    Flag
  • Barbara J
    "excellent commute great restaurants and parks & Brooklyn museum 👍 im looking to move back to neighborhood looking for two bedroom building with elevator. My grandmother live in neighborhood for 55 years have an auntie that still live in neighborhood. "
    0
    Flag
  • Slowttt
    "Dogs are here, but no dog parks are readily available in the neighborhood. You have to travel a good distance to get to a dog park."
    0
    Flag
  • Dionne Franco-williams
    "Pretty safe area where children can play and travel to school on their own. Fairly clean sidewalks and friendly neighbors."
    0
    Flag
  • Swb8hyjqdh
    "Great neighborhood walking distance from parks, schools , grocery store ,doctor’s office etc. Family oriented."
    0
    Flag
  • Felicia Cummings
    "Nothing really. The neighborhood is a friendly neighborhood for dogs and their owners. A lot of space"
    0
    Flag
  • Therevolution1985
    "What it represents first off it’s Brooklyn Ny the biggest borough ,most known Globally, and it just elevates the passion you show when referencing where you from and it’s the home of biggie smalls "
    1
    Flag
  • Affection Johnson
    "What makes this neighborhood unique is that no matter what you need you definitely could find it it’s all type Of stores for whatever you need .This area is also great as far as transportation the bus and train is within walking distance "
    1
    Flag
  • CRYSTAL RAHMING
    "Everyone is very friendly and I get along with everyone in the community we have block parties and they be very nice everyone is just nice been living in the same house for 30 years "
    1
    Flag
  • Nancy Augustin
    "I’m here will with son just very vulnerable visiting appreciate aprt get paperwork new year 2025 thank heavens help bless do it "
    12
    Flag
  • Trulia User
    "Everyone has respect for each other, and the community knows when to shut down the music. I don't think that I should be forced to expand on the matter."
    4
    Flag
  • Trulia User
    " nice neighborhood , well manners and stores are nearby. Also transportation is near by. schools are also nearby"
    2
    Flag
  • Trulia User
    " Nothing to dislike about the neighborhood.it is safe to walk your dog anytime of day. The are is generally safe."
    3
    Flag
  • Trulia User
    "You see people walking their dogs all the time however they aren’t any dog parks near by which makes it a lot harder "
    4
    Flag
  • Trulia User
    "There some small parks and prospect park is an option for longer walks but there are some people who have dogs off leash"
    1
    Flag
  • Trulia User
    "its quite safe people looking out clean sidewalk, clean neighborhood, churches, school busses fruit stand safe fir kids to walk mostly elderly live not much young folks they grew older now "
    3
    Flag
  • Trulia User
    "Local park events during the summer. YMCA, Aviators, Brooklyn College programs, shopping and transit accessibility. "
    2
    Flag
  • Trulia User
    "The people in the neighborhood the surrounding streets And the stores that surround their playgrounds ounce church's laundry places to take the children"
    1
    Flag
  • Trulia User
    "My neighborhood is a great area to raise your kids and walk your dog . Everyone is mostly friendly or stay to themselves "
    0
    Flag
  • Trulia User
    "I've lived in the neighborhood for a year, quite and friendly neighbours. Great environment, peaceful and clean "
    7
    Flag
  • Trulia User
    "They would like everything. The community is a paradise to live in.if you are fortunate to live here your lucky "
    0
    Flag
  • Trulia User
    "People are very friendly and help others in the community. It’s a great and a loving neighborhood. Everyone are very welcome here. "
    0
    Flag
  • Trulia User
    "Great neighborhood …not too much activity and not too little. A good medium. I would advise any family settings to go and live here "
    0
    Flag
  • Trulia User
    "Central to all necessities (transportation, parks, shopping, food, etc.). Most neighbors are friendly. "
    3
    Flag
  • Trulia User
    "Great transportation accessibility. There are buses and trains close by. There are buses that take you directly to manhattan."
    0
    Flag
  • Trulia User
    "Walking distance to shopping and grocery. Many activities in the summer time. Close to prospect park with lots of fun activities for kids."
    0
    Flag
  • Trulia User
    "It’s a good school area walking distance to corner stores and food stores well lit areas and quiet neighborhood "
    0
    Flag
  • Trulia User
    "gentrification is underway so maybe it'll be more safer, new buildings are popping up but with these changes, it will be more expensive. schools and amenities to make the neighborhood more kid-oriented might take awhile"
    0
    Flag
  • Trulia User
    "There are a lot of public parks to walk your 4-legged bestie. Since many people own dogs everyone takes care to pick up after them. The one thing that a dog owner might not like is that the area is very flat. So there isn’t very challenging terrain."
    1
    Flag
  • Trulia User
    "I only come out for necessities ,nice shopping area and great transportation hub.Great schools but not so friendly. "
    0
    Flag
  • Trulia User
    "I lived in this neighborhood for 9 years. Friendly neighborhs clean streets and sidewalks. very quiet."
    2
    Flag
  • Trulia User
    "Long-standing homeowners, close knit community. Elderly neighbors watch out for kids. Safe streets, lots of good, inexpensive takeout."
    0
    Flag
  • Trulia User
    "I’ve been living in this area for over 8 years and I like the fact that there are trees. More homes than buildings "
    0
    Flag
  • Trulia User
    "Carnival each Labor Day is celebrated by this majority West Indian community. Noise levels are high."
    0
    Flag
  • Steve P.
    "Sometimes at the park they have festival and park party. This will make people meet other people in the neighborhood "
    13
    Flag
  • Alyssadams21
    "Nothing really Maybe the parks, there is wimbate park where we go to run have picnics , exercise , And on church avenue there lots of Caribbean spots"
    0
    Flag
  • Dwayne M.
    "Block parties are really big during the summer. Also we are close to the 2 and 5 train which gets you into manhattan in 30 minutes. "
    0
    Flag

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

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
243 E 51st St #6, Brooklyn, NY
0.45
Single-Family Home
$950,000
03/06/26
12
6
5,330
763 Lenox Rd, Brooklyn, NY
0.42
Single-Family Home
$1,860,000
10/30/25
18
7
7,289
452 E 46th Street #4, Brooklyn, NY
0.27
Single-Family Home
$1,075,000
05/08/26
7
4
3,120
617 E 52nd St #1, Brooklyn, NY
0.31
Single-Family Home
$880,000
04/30/26
5
3
2,352
435 East 51 Strret, Brooklyn, NY
0.10
Single-Family Home
$850,000
09/11/26
5
2.5
1,350
284 E 57th Street, Brooklyn, NY
0.31
Single-Family Home
$700,000
05/27/26
4
2
3,196
824 Troy Avenue, Brooklyn, NY
0.44
Single-Family Home
$985,000
12/17/25
6
4
2,448
557 E 51st St, Brooklyn, NY
0.13
Single-Family Home
$740,000
07/09/26
3
1.5
2,625
540 E 52nd St #1, Brooklyn, NY
0.16
Single-Family Home
$750,000
08/13/26
3
2.5
2,000

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
5011 Snyder Ave, Brooklyn, NY 11203
0.05
$815,200
2
2
-
Off Market
441 E 52nd Street, Brooklyn, NY 11203
0.08
$1,275,400
8
4
-
Off Market
449 E 52nd St, Brooklyn, NY 11203
0.08
$1,010,000
6
4
2,600
Recently Sold
510 E 51st Street, Brooklyn, NY 11203
0.03
$749,999
4
2.5
1,980
For Sale
470 E 52nd Street, Brooklyn, NY 11203
0.06
-
4
3
-
Off Market
474 E 52nd Street, Brooklyn, NY 11203
0.06
$1,023,300
6
3
1,960
Off Market
435 East 51 Strret, Brooklyn, NY 11203
0.10
$850,000
5
2.5
1,350
Recently Sold
977 Utica Ave, Brooklyn, NY 11203
0.04
$1,070,200
8
5
2,000
Off Market
436 E 51st St, Brooklyn, NY 11203
0.10
$810,000
5
2.5
-
Recently Sold
394 E 52nd St, Brooklyn, NY 11203
0.11
$846,300
3
2
-
Off Market
5221 Snyder Ave, Brooklyn, NY 11203
0.12
$1,196,000
8
3
2,720
Off Market

Price and Tax history

DateEventPrice
Sep 9, 2026
Source: StreetEasy #S1845990
Listed For Sale
$990,000

LGBTQ Local Legal Protections

Benjamin Hedden, SERHANT., (212) 258-1022

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Frequently asked questions about 490 E 51st St

  • What is the estimated monthly payment for 490 E 51st St?
    Based on a $990,000 list price with 20% down at today's rates, the estimated monthly payment for 490 E 51st St in Brooklyn, NY is approximately $5,957 (about $5,288 principal & interest, $594 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 490 E 51st St compare to homes in Brooklyn?
    490 E 51st St in Brooklyn, NY is listed at $990,000, about 21% above the $818K 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 490 E 51st St?
    The closest schools to 490 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 244 Richard R Green (Pre-K/Elementary, rated 6/10).
490 E 51st St, Brooklyn, NY 11203 is a 13 bedroom, 7 bathroom, 5,412 sqft single-family home built in 1920. 490 E 51st St is located in East Flatbush, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Sep 9, 2026. The MLS # for this home is MLS# S1845990.