537 56th ST Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11220
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 492897
Bedrooms 16
Full Baths 8
Year Built 1905
Annual Tax Amount $18,714
Property Sub-Type Multi-Family
Property Description
Investor opportunity in prime Sunset Park! This brick 8-family semi-detached building offers both immediate rental income and long-term growth potential. Spanning 4.5 stories, the property features a generous 20' x 86' building footprint on a 20' x 100' lot and is configured with spacious eight well-laid-out 2-bedroom units. Major capital improvements include a new roof and a modern heat boiler installed in 2019, reducing future maintenance costs. Ideally situated between 5th and 6th Avenues, tenants enjoy unmatched access to local parks, shopping, dining, and transportation via the N and R subway lines. With a strong annual rent roll of $128,788 and low property taxes at $18,714, this is a solid asset in one of Brooklyn's most in-demand neighborhoods. A rare find—schedule a viewing today.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6-B
Rooms
Basement Other
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood,Tile,Other
Heat Source Gas
Exterior
Exterior Feature Brick,Other
Amenities Available Resident Superintendent,NONE
Roof Type Other
Handicap Access Unknown
Building
Foundation Other
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash