341 51st Street, New York, NY, 11203
$988,000
activeBedrooms
6
Bathrooms
2
Lot Size
2,000 sqft
Year Built
1910
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Fully Renovated Two-Family Home with Income-Producing Unit in East Flatbush! Welcome to 341 East 51st Street, a beautifully renovated two-family home offering an excellent combination of comfortable living and immediate rental income. The first-floor unit features 3 bedrooms and 1 full bathroom, including a spacious open-concept kitchen/living area and generously sized bedrooms. The second-floor unit also offers 3 bedrooms and 1 full bathroom and is currently tenant-occupied, generating $3,788 per month in rental income. The property also includes a full basement with recreation/storage space and a separate boiler area, providing valuable additional space. According to the provided floor plan, the first and second floors contain approximately 1,692 sq. ft. combined, with approximately 2,303 sq. ft. including the basement. All dimensions are approximate. With the first floor delivered vacant, this is an outstanding opportunity for an owner-occupant looking to offset their mortgage with rental income, or an investor seeking a renovated two-family property with an existing income stream. Annual real estate taxes are approximately $6,020. Conveniently located in East Flatbush between Linden Boulevard and Church Avenue, the property offers access to neighborhood shopping, supermarkets, restaurants and everyday services. Nearby transportation includes the B35 and B46 bus lines, with access to the 2, 3, 4 and 5 subway lines in the surrounding area. The area also offers convenient access to neighborhood parks, schools and shopping; the immediate area scores particularly well for access to groceries, shopping and park space.
Listed by Etan Hakimi, Mitra Hakimi Realty Group LLC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Oct 21, 2026, 8:08 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Copyright concerns? See our DMCA notice.
Fill out the form below and an agent will get back to you.