# 723 51st Street, Brooklyn, NY 11220

> **TL;DR:** 8bd/4ba residential multi family, $1,665,000 ($1041/sqft), built 1940, 1,600 sqft.
> A/C. Est. $7,215/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,665,000 |
| Price/sqft | $1041 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 1,600 |
| Year Built | 1940 |
| Lot Size | 1,516 sqft (0.03 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,215 |
| **Total** | **$7,215** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1940
- 0.03 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 723 51st Street, Brooklyn, NY 11220
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.641636, -74.005698
- **Google Maps:** https://www.google.com/maps?q=40.641636,-74.005698

## Listing Agent

- **Name:** Yan Mei (Jamie) Zheng
- **Brokerage:** Tiger Realty
- **Phone:** (917) 708-9966
- **Email:** jamiemovesyou33@gmail.com

## Primary Photo

![723 51st Street - Primary Photo](http://lh.rdcpix.com/92f1236fba416dc4538ba7961302805al-f3292479232r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/723-51st-street-brooklyn-ny-11220-y502050)*

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**MLS#:** 502050 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/723-51st-street-brooklyn-ny-11220-y502050)

---

## Structured Data

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  "description": "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. ",
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