529 51st Street #1

$1,850,000

For Sale

7,140 ft²

$259 per ft²

30 rooms

23 beds

9 baths

Rental unit
Sunset Park
Resale

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Listing by Gama Group, Limited Liability Broker, 9726 3rd Avenue, Brooklyn, NY 11209

Common charges

Not applicable

Estimated payment

$9,477/mo

Taxes

No info

Tax abatement

No info

About

Seller’s agent

Gama Team

Licensed Real Estate Broker

Gama Group

description

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.

Policies

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Home features

Hardwood floors

Building amenities

Services and facilities

Live-in super

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

529 51st Street

529 51st Street, Brooklyn, NY 11220

Rental building inSunset Park

9 units

4 stories

1931 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

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Learn more about 529 51st Street

Property history

Price Change: ↓ $100,000 (-5.1%) on 11/3/25
Days on market: 45 days

Date	Price	Event
11/3/2025	$1,850,000	Price decreased by 5%
10/20/2025	$1,950,000	Listed by Gama Group

Explore Sunset Park

Transit

Location	Distance
at 53rd St	0.23 miles
at 45th St	0.35 miles
at 5th Av/59th St	0.43 miles
at 8th Av	0.67 miles
at 36th St	0.76 miles

View transit on Google Maps

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About Sunset Park

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

23 beds

$1.85M

Tucked between Park Slope and Bay Ridge, Sunset Park is a bit of a hike from Manhattan and Downtown Brooklyn. Relative obscurity has kept rents low for decades, although that appears to be slowly changing as brownstone families are priced out of Park Slope and Carroll Gardens. A new hipster wave is beginning here: Industry City, a cluster of 16 warehouses on cobblestone streets, now hosts Smorgasburg, The Brooklyn Flea, and Mister Sunday, a day dance party in the summer. The galleries, tech conferences, rooftop movie screenings, and countless artisan shops in that complex are slowly putting Sunset Park on the map for young people.

Learn more about Sunset Park