413 57th Street
Brooklyn, NY 11220
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Bed
12
Bath
0.05Acre(Lot)
Attention property investors—this is a rare opportunity you don’t want to miss. This newly constructed 7-story residential building features 12 units (2 units per floor) and is not subject to rent control, offering maximum income flexibility and long-term upside. Each floor consists of: • Front unit: 1-bedroom • Rear unit: 2-bedroom The property spans approximately 9,000 square feet and is built with concrete and steel construction, ensuring durability, superior soundproofing, and minimal maintenance costs. Financial Highlights: • Current Net Operating Income (NOI): $349,906 annually • Cap Rate: 6.6% • Additional upside: Potential T-Mobile rooftop lease for antenna installation, projected to generate an extra $50,000 annually Key Features: • Tenants pay all utili
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Full Baths: 12Room Information
Has Basement: Yes Basement: Finished, Full -
Flooring Information
Hardwood, Tile -
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Construction Materials: Block, Brick Private Pool: No
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Lot Information
Lot Dimensions: 100 x 20 Lot Size Acres: 0.05 Lot Size Square Feet: 2000
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Listing Price Information
Listing Price: $5300000
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Tax Information
Tax Lot: 71 Tax Block: 839 Annual Tax: $2400
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Parking Information
Shared Driveway
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 277 7th Street, Brooklyn, NY, 11220 | $4,200,000 | 42 | 20 | 15,708 | 15,708 SqFt |
| 1433 Bay Ridge Parkway, Brooklyn, NY, 11220 | $1,650,000 | -- | 3 | -- | |
| 766 45th Street, Brooklyn, NY, 11220 | $2,200,000 | 10 | 5 | 2,288 | 2,288 SqFt |
| 827 49th Street, Brooklyn, NY, 11220 | $2,800,000 | 12 | 7 | 5,280 | 5,280 SqFt |
| 819 49th Street, Brooklyn, NY, 11220 | $2,249,000 | 11 | 6 | 5,280 | 5,280 SqFt |
| 775 48th Street, Brooklyn, NY, 11220 | $2,680,000 | 8 | 3 | 3,840 | 3,840 SqFt |
| 855 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 853 53rd Street, Brooklyn, NY, 11220 | $1,900,000 | -- | 2 | 2,000 | 2,000 SqFt |
| 865 55th Street, Brooklyn, NY, 11220 | $2,480,000 | 7 | 2.5 | 2,080 | 2,080 SqFt |
| 729 47th Street, Brooklyn, NY, 11220 | $1,680,000 | -- | 2.5 | 2,146 | 2,146 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.
ByOwner last updated this listing 06/07/2026 @ 18:52
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