SoldSep 21, 2026

Listed and Bought with Yan Mei Zheng from Tiger Realty

Source: Brooklyn Board of REALTORS® #502050

723 51st St, New York, NY, 11220

$1,393,000

8
4
1600 sq. ft.
1517 sq. ft.

MultiFam

•

30+ days on the market

Sold: Sep 21, 2026

What's around 723 51st St

About this property

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.

Looking for more information on 723 51st St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldApr 13, 2026
$1,230,000
719 Bay Ridge Avenue
New York NY 11220
8
4
Multi-Family
Listing courtesy of Ben Bay Rlty Co of Ave U LLC
SoldApr 8, 2026
$930,000
345 46th Street
New York NY 11220
8
3
Multi-Family
Listing courtesy of Tiger Realty
SoldMar 23, 2026
$1,550,000
764 45th Street
New York NY 11220
8
4
Multi-Family
Listing courtesy of ProBase Real Estate

Other properties sold by Tiger Realty

SoldOct 30, 2026
$1,300,000
1540 64th Street
New York NY 11219
5
3
Multi-Family
Listing courtesy of Tiger Realty and Robert DeFalco Realty Inc
SoldOct 30, 2026
$1,480,000
2125 77th Street
New York NY 11214
10
6
Multi-Family
Listing courtesy of Tiger Realty
SoldOct 29, 2026
$890,000
8865 19th Avenue
New York NY 11214
3
2
Single-Family
Listing courtesy of REMAX Edge | Brooklyn and Tiger Realty

Browse properties sold in nearby areas

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent