559 51st Street, Brooklyn, NY 11220 - Photo 1

Save This Listing

Close

1/16

View All Photos

$2,700,000

For Sale
Active
Commercial

See This Home

Save This Listing

Close

1/16

Property Description

Detached 6-family brick building located in the heart of Sunset Park, Brooklyn. The property consists of five 2-bedroom units and one 1-bedroom unit, providing steady rental income in a high-demand neighborhood. This three-story building includes a full basement, a shared driveway with locked gate, and private parking for two or more vehicles at the rear. Zoned R6B with a C2 overlay, allowing for optional retail or commercial use on the first floor and future mixed-use development potential. Conveniently situated near schools, supermarkets, restaurants, and the N train, offering easy access to transportation and neighborhood amenities. An excellent opportunity for investors seeking a stable, income-producing property in a desirable Brooklyn location.

Full Property Details

Full Property Details for 559 51st St

General

Price: $2,700,000
Taxes: $17,067
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 835732
Updated: 11/13/2025
Added to Site: 308 day(s) ago

Parking

Total Spaces: 2
Parking Features: Parking Lot, Private, Shared Driveway

Location

County: Kings (Brooklyn)

School Information

High School District: Brooklyn 15

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard
Heating Zones: 1

Utilities

Sewer: Public Sewer
Water: Well
Utility Description: See Remarks

Structural Information

Detached/Attached: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement
Stories/Levels: 3
Stories in Building: 3
Building Size: 4440
Square Feet: 4,440
Year Built: 1922

Financial Considerations

Tax Amount: $17,067
Tenant Pays: Electricity, Gas

Disclosures and Reports

Special Conditions: None
Property ID: 00792-0044
Block: 792
Lot Number: 44

Listed by E Realty International Corp

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 559 51st St —

E Realty International Corp
E Realty International Corp

718-886-8110

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 559 51st St

School District:New York City Geographic School District 15

Name	Grades	Distance
Ps 94 The Henry Longfellow 5010 6th Avenue, Brooklyn, NY 11220	K-5	0 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 559 51st St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/30/2025

Price Reduced

$2,700,000

-6.25%

MLS

3/14/2025

Listed

$2,880,000

60%

MLS

4/24/2018

Sold

$1,800,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 559 51st St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$17,616

3%

$140,930

-67%

2024

$17,070

8%

$422,100

8%

2023

$15,807

10%

$391,050

-2%

2022

$14,363

8%

$398,700

11%

2021

$13,300

-2%

$359,100

-9%

2020

$13,522

3%

$393,750

-4%

2019

$13,100

14%

$409,320

321%

2017

$11,455

—

$97,255

8%

2017

$11,455

7%

$90,064

8%

2016

$10,752

—

$83,402

—

2015

$10,743

3%

$83,391

3%

2015

$10,386

12%

$80,791

8%

2013

$9,306

—

$74,812

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 559 51st St

19-30 Bleecker St, Ridgewood, NY 11385 - Photo 1

Just Listed

$1,475,000

19-30 Bleecker St Ridgewood, NY 11385

Multi-Family
Active
Updated 6 days ago

Listed by Concrete Jungle NYC Realty

60-14 Menahan St, Ridgewood, NY 11385 - Photo 1

Just Listed

$2,188,000

60-14 Menahan St Ridgewood, NY 11385

Multi-Family
Active
Updated 3 hours ago

8
Total Beds

Listed by CPRE Elite Inc

67-03 Myrtle Avenue, Glendale, NY 11385 - Photo 1

Just Listed

$1,299,999

67-03 Myrtle Avenue Glendale, NY 11385

Commercial
Active
Updated 2 days ago

Listed by Concrete Jungle NYC Realty

5900 Decatur, Ridgewood, NY 11385 - Photo 1

Just Listed

$22

5900 Decatur #2nd Fl Ridgewood, NY 11385

Commercial Lease
Active
Updated 2 days ago

Listed by E Z Sell Realty

559 51st Street, Brooklyn, NY 11220 (MLS# 835732) is a Commercial property. 559 51st Street is currently listed for $2,700,000 and was received on March 14, 2025. Want to learn more about 559 51st Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

559 51st St Brooklyn, NY 11220