350 E 51st Street, Brooklyn, NY 11203

• 6,150 sqft

Property Description

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

Listing Status:

Active

Data Last Updated:

October 8, 2026 at 7:20AM

Listing Office:

1st American One NYC LTD : 516-376-9720

MLS ID:

1051701

Interior

• Basement: Partially FinishedWalk-Out Access
• A/C: None
• Heating: BaseboardOil

Exterior

• Parking: Off Street

Location

• Originating MLS: onekey2
• School District: Brooklyn 18
• County: Kings (Brooklyn)

Lot

• Zoning: R504676-0011

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2