Brooklyn 4U
  • Home
  • Agents
  • Sales
  • Rentals
  • Open Houses
  • About
  • Contact
  1. Home
  2. 413 57th Street
  • 413 57th Street
  • $ 5,300,000
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220

413 57th Street

Sunset Park   |   5 AVE & 4 AVE

Building For Sale
$ 5,300,000
Ownership Multi-Family
Lot Size 20'x100'
Status Active
Real Estate Taxes [Per Annum] $ 2,400
 

Photos

413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
413 57th Street Sunset Park Brooklyn NY 11220

Property Description

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 utilities, including heat and hot water • Low operating expenses • Strong, stable income stream with additional upside Location: Situated in an excellent, high-demand area, just minutes to Manhattan via the N train, and adjacent to Park Slope, one of Brooklyn’s most desirable
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 utilities, including heat and hot water • Low operating expenses • Strong, stable income stream with additional upside Location: Situated in an excellent, high-demand area, just minutes to Manhattan via the N train, and adjacent to Park Slope, one of Brooklyn’s most desirable

Listing Courtesy of Tiger Realty

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

A/C
Exposed Bricks
Hardwood Floors
413 57th Street Sunset Park Brooklyn NY 11220
413 57th Street Sunset Park Brooklyn NY 11220

Building Details [413 57th Street]

Ownership Multi-Family
Block/Lot 839/71
Lot Size 20'x100'

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 500117