Dan Smalley
Licensed Real Estate Salesperson
REALTOR®
BEDS6
BATHS2 full
MLS#1046116
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $6,020
Year Built: 1910
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Feature Descriptions
Building Area Total: 1810
Days on Site: 6
Exterior: Brick
Lot Dimensions: 20 x 100
On Market Date: 2026-09-09
Parking Features: Driveway, Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 1
Separate Gas Meters: 1
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Local Schools
High School: Contact Agent
Middle School: Middle School Of Media Law And Fine Arts (The)
Elementary School: Ps 268 Emma Lazarus
School District: Contact Agent
Estimate Your Payment
Estimated Payment
$ 5,785.70 per month $4,995.87 Principal & Interest $501.67 Property Tax $288.17 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Mitra Hakimi Realty Group LLC
Agency Contact: 718-268-5588
Shown By
Agent Name: Dan Smalley
Agent Phone: Cell: (631) 469-8957
Agency Title: Coldwell Banker American Homes
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341 East 51 Street | MLS# 1046116
This multi-family property located at 341 East 51 Street, Brooklyn, NY 11203 is currently listed for sale with an asking price of $988,000. East 51 Street is located within the Contact Agent school district. Search Brooklyn real estate on www.dansmalleyrealtor.com today.