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537 56th Street, Brooklyn, New York, 11220

$1,790,000

16

Beds

8

Bathrooms

0

Building Sqft

0.05

Acres

2,000

Lot Sqft

About 537 56th Street

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.

Features of 537 56th Street

MLS® #
492897
Bedrooms
16
Bathrooms
8
Acres
0.05
Type
Residential
Price
$1,790,000
Year Built
1905
Sub-Type
Multi-Family

Community Information

Address
537 56th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11220

Listing Information

Agent Name
Irina Tuzhilkina
Agent Office
Amerihomes Realty of NY, Inc.

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(718) 987-7900