723 51st Street
Brooklyn, NY 11220
8
Bed
4
Bath
1,600Sqft
0.03Acre(Lot)
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 ex
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Full Baths: 4Room Information
Has Basement: Yes Basement: Finished, Full -
Flooring Information
Other -
Roofing Information
Tile -
Interior Features
Roof: Tile Appliances: Gas Water Heater, Refrigerator, Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Natural Gas
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Building Information
Year Built: 1940 Building Area Total: 1600 Construction Materials: Brick, Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 80 x 20 Lot Size Acres: 0.03 Lot Size Square Feet: 1517
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Listing Price Information
Listing Price: $1665000
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Tax Information
Tax Lot: 71 Tax Block: 794 Annual Tax: $5885
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Parking Information
Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 277 7th Street, Brooklyn, NY, 11220 | $4,200,000 | 42 | 20 | 15,708 | 15,708 SqFt |
| 1433 Bay Ridge Parkway, Brooklyn, NY, 11220 | $1,650,000 | -- | 3 | -- | |
| 766 45th Street, Brooklyn, NY, 11220 | $2,200,000 | 10 | 5 | 2,288 | 2,288 SqFt |
| 827 49th Street, Brooklyn, NY, 11220 | $2,800,000 | 12 | 7 | 5,280 | 5,280 SqFt |
| 819 49th Street, Brooklyn, NY, 11220 | $2,249,000 | 11 | 6 | 5,280 | 5,280 SqFt |
| 775 48th Street, Brooklyn, NY, 11220 | $2,680,000 | 8 | 3 | 3,840 | 3,840 SqFt |
| 855 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 853 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 865 55th Street, Brooklyn, NY, 11220 | $2,480,000 | 7 | 2.5 | 2,080 | 2,080 SqFt |
| 729 47th Street, Brooklyn, NY, 11220 | $1,680,000 | -- | 2.5 | 2,146 | 2,146 SqFt |
Similar Multifamily To 723 51st Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.
ByOwner last updated this listing 06/10/2026 @ 23:00
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