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819 49th St
Brooklyn, NY 11220
Multifamily Property For Sale · 6 Units

Investment Highlights

  • 3 FAMILY
  • EXCELLENT INVESTMENT

Executive Summary

A rare opportunity awaits in Sunset Park, this premier 6-family property sits in the vibrant 8th Avenue business district, offering exceptional growth potential and nonstop convenience in one of Brooklyn’s most dynamic neighborhoods. Ideal for investors, developers, and visionaries seeking a high-yield, value-driven asset, the building seamlessly blends strong residential stability with the commercial energy of 8th Avenue Chinatown. Positioned on a 30 ft × 100.17 ft lot with a 22 ft × 80 ft building, the property provides versatile space configurations designed to maximize revenue. Zoned R6 with an FAR of 3.0, it offers meaningful possibilities for future expansion or redevelopment, subject to verification by a licensed architect. Located in the heart of 8th Avenue’s cultural and commercial hub—known for its thriving business activity, exceptional foot traffic, and unparalleled accessibility—the property benefits from strong tenant demand and proximity to major transit, lively retail corridors, parks, and essential amenities, creating an unmatched environment that continues to attract quality tenants and long-term value growth.

Property Facts

Price Per Unit $520,197 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,280 SF
No. Stories 3
Year Built 1926
Zoning R6

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
00778-0069
Land Assessment
$11,763 CAD
Improvements Assessment
$759,659 CAD
Total Assessment
$771,422 CAD
  • Listing ID: 39874104

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 819 49th St, Brooklyn, NY 11220

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