The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$1,850,000
529 51st St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages23Beds
9Baths
7,140Sqft
$259$/sqft
Listing Notes
529 51st Street, Brooklyn (Sunset Park) 9-Unit Residential Building Located in the heart of Sunset Park, 529 51st Street offers an excellent investment opportunity. This well-maintained and clean building consists of nine rent-stabilized residential units with a gross annual rent roll of $166,435. The property is professionally managed and showcases strong tenancy with consistent income. Conveniently situated near local shopping, dining, and transportation options, this asset presents stable cash flow and long-term upside in one of Brooklyn's most desirable and evolving neighborhoods.
Market Insights
Below nearby median-67%
$259/sqft vs a nearby median of $775/sqft.
Nearby median$775/sqft
Nearby properties12
Property size7,140 sqft
- -67% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 7,140 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.84M$5.31M – $6.36M · 50% confidence
vs ask $1.85M−$3.99M (−215.5%)
Asking price is about 215.5% below the fair value — likely to draw competing offers if it's still on market.
$802/sqft median across 10 tight comps × 7,140 sqft= $5.72M
- Days-on-market gravity−$172k −3.0%
- Transit access+$143k +2.5%
- Pre-war character+$143k +2.5%
Cumulative NYC adjustments+$114k+2.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 204 days
- Last price change
- No change recorded
- Listed
- Oct 20, 2025
- Photos
- 7 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Hardwood FloorsTwo Or More StoriesRental PropertyInvestment OpportunityShopping
Photos
Building Facts
- Year built
- 1931
- Stories
- 4
- Total units
- 9
- Residential units
- 9
- Building area
- 7,140 sqft
- Lot size
- 2,504 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C1
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,850,000for sale
Public Records
DOB violations1 open
6 total recorded against the building
HPD violations0 open
72 total recorded
ACRIS documents24
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,299
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,358
- Blocked Driveway2,422
- Noise - Residential2,079
- HEAT/HOT WATER1,695
- Noise - Street/Sidewalk1,479
Recent DOB
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Dec 31, 2009V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jan 31, 2005V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Recent HPD
- Oct 5, 2022Class A · § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING. AT PUBLI...
- Oct 5, 2022Class A · § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLLOWED WHEN A GAS L...
- Jul 3, 2022Class C · § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE BULKHEAD TO ROOF AT PUBLIC HALL, 4th STORY
- Jul 3, 2022Class B · § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF KEY OPERATED LOCK AT DOOR LEADING TO FIRE ESCAPE IN THE 4th ROOM FROM NORTH AT WEST LOCATED AT APT 8, 4th STORY
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.