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1500 E 51st StreetBrooklyn, NY 11234

For Sale

$827,000

Smart Buyer Rebate $8,175

Opportunity knocks in Old Mill Basin! This beautifully renovated and fully occupied, two-family home in Old Mill Basin offers immediate rental income and modern comfort. The property features an open floor plan with a spacious living room and eat-in kitchen in each unit, complete with stainless steel appliances. The upper unit offers 2 bedrooms and 2 full bathrooms, while the lower unit includes 3 bedrooms and 2 full bathrooms, providing ample space and functionality. Additional highlights include: central air, a private driveway, and a backyard perfect for gatherings. All tenants are on month-to-month leases with a total monthly rent roll of $7,899. A turnkey opportunity in a desirable Brooklyn neighborhood.

Listed by Elana Bernstein

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Legacy Estate Realty

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917-635-3980

Last updated September 06, 2025

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Source: OneKey #896773

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu130
  • Taxes$6,102.44/year

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

08/02/2025
Listed by Legacy Estate Realty
$827,000

Estimated Closing Costs

Total
$25,957
Attorney Fees
$4,000
Title Insurance
$3,722
Bank Attorney
$1,500
Mortgage Recording Tax
$12,735
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $827,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1500 E 51st Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1920
  • Construction Materials: Frame, Vinyl Siding

Measurements

  • Building Area Total: 1,568
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,267

Financial

Taxes

  • Parcel Number: 07830-0076
  • Tax Annual Amount: $6,102.44
  • Tax Year: 2026

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Parking

Parking

  • Carport Spaces: 1
  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 4 bathrooms in this multi-family home at 1500 E 51st Street.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1500 E 51st Street.

What are the annual taxes for 1500 E 51st Street?

Annual taxes for this multi-family home are estimated at $6,102.

How does 1500 E 51st Street compare to other multi-family homes in Flatlands?

This multi-family home is listed 19% below the average price for multi-family homes in Flatlands and has been on the market for 20 more days than the typical home in this area.

1500 E 51st Street is a 5-bedroom, 4-bath multi-family home for sale in Brooklyn NY 11234. On Prevu for 130 days at $827,000. This property is located in Flatlands. The median listing price for multi-family homes in this area is $783,750. The home offers air conditioning. View other multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.