861 E 51st St
Brooklyn, NY 11203
East Flatbush- 11 Beds
- 8 Baths
- 3,888 sqft
11 Beds
8 Baths
3,888 sqft
Local Information
-- mins to
Description
Two-of-a-kind, extraordinarily large legal Three Family in East Flatbush is a perfect option for the end user or investor buyer. Aside from the attached twin building, no other three family property of this size exists in this neighborhood! Each apartment is almost 1300 square feet and features three bedrooms and two bathrooms, including a king sized Master Bedroom with ensuite bathroom. With hardwood floors throughout, the layouts are identical across the three floors, with variations in the entrance to the spacious living rooms, all brightened by oversized panel windows. A formal dining area opens to a windowed kitchen, offering convenience and flow, whether entertaining friends or multi-tasking with family. The finished basement and the 1st floor apartment share an exterior entryway and foyer. The basement stairs lead to two bedrooms and two bathrooms, one of them ensuite, along with a laundry room, utility room and living space. In addition to a narrow backyard, this incredible property offers a three car driveway. Imagine... private parking in East Flatbush!
This home is conveniently located a block from the B7, B8, and B46 Select Bus stop, making it only 4 stops to the 3 and 4 trains, and 5 stops to the A and C train lines. Conveniences like eateries, dry cleaners, and supermarkets are within blocks. The current monthly rent roll is $7600. The net operating [after expenses] income is $69,260 per year. The first and second floor units will be delivered occupied by great tenants, neither of w hom have a lease, and the light-filled third floor will be delivered vacant. If an accepted buyer wanted the vacant unit to be rented before closing, it can be arranged. Property is well maintained and has a 1.5 year old roof, and relatively brand new water heater. Here's a rare opportunity to own an investment property in a steadily appreciating neighborhood with high rental demand, or to move into a spacious home that pays for itself. Come see for yourself, what the fuss is all about! Showing by Appointment Only during open house on Sunday, Sept 27. Please contact listing agent to make appointment.
Note: Listing agent has an equity interest in this property.
This home is conveniently located a block from the B7, B8, and B46 Select Bus stop, making it only 4 stops to the 3 and 4 trains, and 5 stops to the A and C train lines. Conveniences like eateries, dry cleaners, and supermarkets are within blocks. The current monthly rent roll is $7600. The net operating [after expenses] income is $69,260 per year. The first and second floor units will be delivered occupied by great tenants, neither of w hom have a lease, and the light-filled third floor will be delivered vacant. If an accepted buyer wanted the vacant unit to be rented before closing, it can be arranged. Property is well maintained and has a 1.5 year old roof, and relatively brand new water heater. Here's a rare opportunity to own an investment property in a steadily appreciating neighborhood with high rental demand, or to move into a spacious home that pays for itself. Come see for yourself, what the fuss is all about! Showing by Appointment Only during open house on Sunday, Sept 27. Please contact listing agent to make appointment.
Note: Listing agent has an equity interest in this property.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 861 E 51st St
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Levels, Entrance, & Accessibility Stories: 3 |
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Year Built Year Built: 1991 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
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Lot Area: 2940 sqft |
Price History for 861 E 51st St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/24/2024 | $1,185,000 | ListingRemoved | BNYMLS #443545 |
| 07/22/2021 | $1,185,000 | Sold | N/A |
| 10/27/2020 | $1,150,000 | Pending | BNYMLS #443545 |
| 05/16/2014 | $705,000 | ListingRemoved | Agent Provided |
| 11/26/2013 | $705,000 | Listed For Sale | Agent Provided |
| 12/22/2011 | $799,000 | ListingRemoved | Agent Provided |
| 11/12/2011 | $799,000 | Listed For Sale | Agent Provided |
Market trends in New York
Last updated May 2026
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,501 |
| Assessment | $560,000 |
Home facts updated by county records
Comparable Sales for 861 E 51st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $1,150,000 | 04/15/26 | 5 | 3 | 3,105 | |
0.50 | Multi-Family Home | $750,000 | 10/27/25 | 8 | 5 | 3,892 | |
0.66 | Multi-Family Home | $1,160,000 | 12/16/25 | 8 | 4 | 3,706 | |
0.40 | Multi-Family Home | $999,000 | 11/10/25 | 5 | 3 | 3,946 | |
0.59 | Multi-Family Home | $999,999 | 02/19/26 | 7 | 4 | 3,300 | |
0.46 | Multi-Family Home | $990,000 | 02/24/26 | 6 | 4.5 | 2,700 | |
0.81 | Multi-Family Home | $1,257,000 | 02/04/26 | 8 | 5 | 4,320 | |
0.87 | Multi-Family Home | $1,420,000 | 02/02/26 | 10 | 6 | 3,600 | |
0.49 | Multi-Family Home | $955,000 | 02/27/26 | 6 | 3 | 3,128 | |
0.58 | Multi-Family Home | $980,000 | 03/03/26 | 7 | 4 | 4,000 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 861 E 51st St.
What Locals Say about East Flatbush
At least 1258 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.
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Apartments for Rent
Homes for sale near 861 E 51st St
Off Market Homes Near 861 E 51st St
861 E 51st St, Brooklyn, NY 11203 is a 11 bedroom, 8 bathroom, 3,888 sqft multi-family built in 1991. 861 E 51st St is located in East Flatbush, Brooklyn. This property is not currently available for sale. 861 E 51st St was last sold on Jul 22, 2021 for $1,185,000. The current Trulia Estimate for 861 E 51st St is $1,281,200.