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  • Price cut: $300K (4/20)
    $3,400,000

    816 51st St, Brooklyn, NY 11220

    3beds
    5,280sqft
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    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $644/sqft
    $-- HOA

    What's special

    Good natural lightFunctional layouts
    814–816 51st Street presents a rare opportunity to acquire a well-maintained 4-story mixed-use property offered at $6,800,000. The building features four (4) stores and four (4) residential apartments, including two (2) 2-bedroom units and two (2) 1-bedroom units. The residential units offer functional layouts with good natural light and consistent rental demand. The retail component provides additional income and diversification. The property has been well maintained and offers stable cash flow with potential for future upside. Conveniently located near shopping, schools, and public transportation, providing easy access to neighborhood amenities and commuting options. Ideal for investors seeking a solid income-producing asset in a desirable and accessible location. AGENT/BROKER INFO
    39 days
    |
    157
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tiger Realty 646-239-5999,

    Tyler Hang Chen

    Source: StreetEasy,MLS#: S1832370

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 5,280
      • Total interior livable area: 5,280 sqft

      Property

      Details
      • Parcel number: 056510013
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Sunset Park
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $644/sqft
      • Tax assessed value: $859,000
      • Annual tax amount: $43,602
      • Date on market: 6/6/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,154/mo

        Price history

        DateEventPrice
        4/20/2026Price change$3,400,000-8.1%$644/sqft
        Source: BNYMLS #500682 Report a problem
        8/18/2025Listed for sale$3,700,000$701/sqft
        Source: BNYMLS #495126 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$43,602 -1.3%$386,550 -0.2%
        2024$44,156 $387,450 -9.7%
        2023-- $428,850 +5.2%
        2022-- $407,700 +133.5%
        2021-- $174,600 +136.6%
        2020$17,634 +107.6%$73,800
        2019$8,494 +6.9%$73,800 +94.3%
        2018$7,944 +8.8%$37,977 +6%
        2017$7,304 +7.7%$35,830 +3.3%
        2016$6,779 $34,669
        2015$6,779 +75.8%$34,669 +3.7%
        2014$3,857 $33,440 +5.7%
        2013-- $31,648 +6%
        2012-- $29,859 +3.4%
        2011-- $28,891
        2010-- $28,891 +3.7%
        2009-- $27,867 +5.7%
        2008-- $26,374 +6%
        2007-- $24,883 +3.4%
        2006-- $24,076
        2005-- $24,076 +3.7%
        2004-- $23,223 +5.7%
        2003-- $21,979 +6%
        2002-- $20,736 +3.3%
        2001-- $20,064
        2000-- $20,064
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        91 / 100
        Walker's Paradise
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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