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8 Beds

-- Bathrooms

1,600 Building Sqft

1,742 Lot Sqft

$1,665,000

723 51st Street, Brooklyn, New York, 11220

About 723 51st Street

Active Multi-Family

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.

Features of 723 51st Street

MLS® #
502050
Bedrooms
8
Acres
0.04
Type
Residential
Price
$1,665,000
Building Sqft
1,600
Year Built
1940
Sub-Type
Multi-Family

Community Information

Address
723 51st Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11220

Listing Information

Agent Name
Yan Mei (Jamie) Zheng
Agent Office
Tiger Realty

Listing Map

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At a Glance

723 51st Street

Brooklyn, New York, 11220

$1,665,000

8 Beds

-- Bathrooms

1,600 Building Sqft

1,742 Lot Sqft

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