403 51st St, Brooklyn, NY, 11220

About This Home

Exceptional Corner Mixed-Use Investment Opportunity Offered at a compelling 5.2% cap rate, this fully occupied and professionally managed corner property delivers a net operating income of $187,340 with strong in-place cash flow and long-term upside. The building consists of six spacious three-bedroom residential apartments plus three ground-floor retail stores, all currently occupied. The property benefits from a solid rent roll with gross income exceeding expectations, providing immediate, stable returns for an investor seeking both income and appreciation. Situated in the heart of Sunset Park, the neighborhood offers a rare blend of authenticity and resilience. Known for its early 20th-century row houses and thriving independent businesses, Sunset Park has retained its classic New York character—free from overdevelopment and big-box retail. The area continues to attract long-term residents and loyal commercial tenants, supporting consistent demand and rent stability. This is a turnkey, income-producing asset in one of Brooklyn’s most culturally rich and enduring neighborhoods—ideal for investors looking for a well-balanced mixed-use property with dependable performance.