1278 E 56th Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 27, 2026
- Days on Market:
- 71
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 1278 E 56th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R3-2
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Parking features
- Garage - Attached
- Interior features
- A/C Unit - Window, Refrigerator, Stove, Terrace
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,504 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8634
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Ceramic, Hardwood
- Building materials
- Brick
- Roof type
- Rubber
- Architectural style
- Ranch
Listing agent Bella Fuzailov (718) 251-7400
Listing office Talk of the Town Realty Corp. 2054 Ralph Avenue, Brooklyn, NY (718) 251-7400
Listing date Apr 27, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Attached 2‑family all‑brick home in ranch style, built in 1950
- Large lot: 24 x 100
- Unit layout: 3 bed 1 bath (top) over 2 bed 1 bath
- Includes a full finished basement with 1 bed and 3/4 bath
- Attached garage
- Interior features include A/C (window), hardwood and ceramic flooring, and a terrace
Overview
The property is located at 1278 E 56th Street in Brooklyn, NY 11234. It is zoned R3-2.
For buyers seeking a residential income property, this configuration provides two separate units along with a finished basement that could serve as additional living space within the same building. The all-brick construction and finished lower level are practical considerations for owner-occupants and investors evaluating a straightforward, multi-unit setup.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.7k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $125.3k | $50.03 |
| − OpEx | −$37.6k | −$15.01 |
| NOI | $87.7k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.921985
- Latitude
- 40.624558
