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350 E 51st Street

Brooklyn, NY 11203 · Brooklyn

Status
Active
On site
47 days

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About this home

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 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

Listed with 1st American One NYC LTD · Jackson Cortez · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 12:09 PM ET. ©2026 One Key MLS.

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$5,985.54Total / mo

Estimated monthly payment

Principal & interest
$4,186.87(69.9%)
Taxes
$1,598.67(26.7%)
Insurance
$200.00(3.3%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Brooklyn, NY

Current listings

New in the last 30 days

232

Nov 2026

Average price

Active listings

$1,309,399

Nov 2026

Average days on market

Active listings

181 days

Nov 2026

Computed from 1,594 active OneKey MLS listings in Brooklyn, NY.

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