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.
For sale
$1,790,000
537 56th St, Brooklyn, NY 11220
16beds
--sqft
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New roofModern heat boiler
- 48 days
- on Zillow |
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