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1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
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1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
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1787 East 51st Street

Old Mill Basin | BK
Avenue N & Avenue O

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Sold
$ 760,000
Building For Sale
Property Type
Sold
Status
12
Rooms
6
Bedrooms
3
Bathrooms
1,980/184
ASF/ASM
$ 7,331
Real Estate Taxes [Per Annum]
  • 1787 East 51st Street
  • $ 760,000
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234

Building Details

1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
Multi-Family
Ownership
7896/6
Block/Lot
18'x55'
Building Size
27'x100'
Lot Size
R3-2
Zoning
1899
Year Built
2
Floors

Photos

1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234

Description

This property represents a promising investment opportunity in Old Mill Basin. With its legal detached two-family layout, private driveway, and garage, it offers multiple avenues for generating income and maximizing returns. For investors, the potential for rental income from two separate units presents a lucrative prospect. With some renovation and TLC, you can enhance the property's appeal to tenants, thereby increasing rental yields and long-term profitability. Furthermore, the location in Old Mill Basin provides a strong foundation for investment success. The neighborhood's amenities, proximity to transportation, and community appeal make it a desirable area for renters, ensuring a steady demand for housing. Whether you're looking to diversify your investment portfolio or establish a foothold in the Brooklyn real estate market, this property offers an attractive opportunity to generate passive income and build wealth over time.
This property represents a promising investment opportunity in Old Mill Basin. With its legal detached two-family layout, private driveway, and garage, it offers multiple avenues for generating income and maximizing returns. For investors, the potential for rental income from two separate units presents a lucrative prospect. With some renovation and TLC, you can enhance the property's appeal to tenants, thereby increasing rental yields and long-term profitability. Furthermore, the location in Old Mill Basin provides a strong foundation for investment success. The neighborhood's amenities, proximity to transportation, and community appeal make it a desirable area for renters, ensuring a steady demand for housing. Whether you're looking to diversify your investment portfolio or establish a foothold in the Brooklyn real estate market, this property offers an attractive opportunity to generate passive income and build wealth over time.

Listing Courtesy of MadisonEstates Sothebys Realty
1787 East 51st Street Old Mill Basin Brooklyn, NY 11234

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License Licensed As: Not Applicable
Coldwell Banker Reliable Real Estate

Coldwell Banker Reliable Real Estate

License Licensed As: Not Applicable
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Loan Amount

BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 455218