Property Description

Investor opportunity in prime Sunset Park! This legal 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.

Features
: Other
Address Map
11220
56th
537
Street
0
W75° 59' 14.4''
N40° 38' 28.7''
MLS Addon
: Multi-family
8
2
: Stove, Other, A/c Unit - Window
: Hardwood, Other, Tile
117091
Amerihomes Realty of NY, Inc.
Yi (Elaine) Lin
YL1571
$0
$0
: Other
: Resident Superintendent, None
: Brick, Other
: Active
$18,714

Residential For Sale

537 56th Street, Brooklyn, New York 11220

16 Bedrooms
8 Bathrooms
0 Sqft
$1,790,000
Listing ID #492897
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 492897
Price : $1,790,000
Bedrooms : 16
Bathrooms : 8
Square Footage : 0 Sqft
Year Built : 1905
Lot Area : 2,000 Sqft
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