Marcus and Millichap has successfully sold 559 51st Street, a three story brick apartment building comprised of six units. The subject property, comprised of five two-bedroom units and one one-bedroom unit, is located on 51st Street between 5th and 6th Avenue in the Sunset Park neighborhood of Brooklyn.
The subject property totals 4,440 gross square feet and measures 20 feet wide by 74 feet deep, on a lot that measures 26 feet by 100.17 feet. The property is located four blocks from the 53rd Street "R" train station and is zoned R6B.
A new investor can take advantage of two vacancies immediately, with renovated apartments achieving $40 per square feet in this particular section of Sunset Park. This is a strong opportunity to purchase a six family with most two-bedroom apartments, in excellent condition. The property has undergone recent upgrades, and has not traded in 29 years.

• Sunset Park Six-Unit Value Add Offering Between 5th Avenue and 6th Avenue
• Two Renovated Vacant Units
• Legitimate Upside Potential
• Excellent Condition
• Long Term Family Ownership Since 1988
• Conveniently Located Four Blocks Away 53rd Street "R" Station