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723 51st Street
Brooklyn NY 11220 US

$1,665,000

Active Listing ID 502050
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.03 Acres
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Other

$1,665,000

Active Listing ID 502050
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723 51st Street 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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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Roof Type: Tile
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1665000
  • unparsedaddress: 723 51st Street
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11220
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0348
  • lotsizeunits: Acres
  • lotsizearea: 0.0348
  • livingarea: 1600
  • livingareaunits: Square Feet
  • latitude: 40.641636
  • longitude: -74.005698
  • listagentfullname: Yan Mei (Jamie) Zheng
  • listagentemail: jamiemovesyou33@gmail.com
  • listagentkey: 3yd-BMLSNY-ymz0101
  • listagentmlsid: ymz0101
  • listagentpreferredphone: (917) 708-9966
  • listofficekey: 3yd-BMLSNY-120260
  • listofficemlsid: 120260
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1940
  • listingcontractdate: 2026-06-05
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Tile
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Refrigerator, Stove
  • rooms: Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.0057, 40.641636
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Tiger Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jamiemovesyou33@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Tiger Realty", "ListBrokeragePhone":"(917) 708-9966", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1484 86th St", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1484 86th Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"120260", "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"tigerrealtygroup@gmail.com", "ListOfficePostalCode":"11228", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/723-51st-St_Brooklyn_NY_11220_M48555-28572?f=listhub&s=BMLSNY&m=502050&c=rexren", "MLSModificationTimestamp":"2026-06-06 01:01:47", "Neighborhoods":[{"Description":null, "Name":"Sunset Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5885, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/8/2026 8:30:32 PM GMT
Source Updated Date: 6/11/2026 12:47:41 AM GMT

Courtesy of: Yan Mei (Jamie) Zheng, Tiger Realty, jamiemovesyou33@gmail.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.