641 56th Street Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 16, 2026
- Days on Market:
- 27
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 641 56th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 15
- Bathrooms
- 7
- Rooms
- Bedroom 8, Bedroom 3, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 12, Bedroom 11, Bedroom 9, Bedroom 13, Bedroom 4, Bathroom 7, Bathroom 2, Bedroom 14, Bedroom 10, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 15, Bedroom 2
- Interior features
- A/C Unit - Window, Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 4,680 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 23526
Building Details
- Year built
- 1924
- Floors in Building
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jason Zhou License #10301217017 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jun 16, 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.
Investment Insights
Based on property information with market context.
The building is located at 641 56th Street in Brooklyn (Sunset Park area) and is described as convenient to shopping, restaurants, schools, and transportation. Zoning is R6B.
For buyers seeking a multi-family asset, the layout supports long-term occupancy planning with a balanced 2BR/3BR offering. Three apartments are currently owner/employee occupied, while the remaining units are available as part of the overall investment setup. The separate entrance and individual heating and hot-water systems are practical features for day-to-day operation and tenant responsibility.
Key Highlights
- Oversized 6‑family building with 25' x 72' building size on a 25' x 100' lot
- Unit mix: 3 three‑bedroom apartments and 3 two‑bedroom apartments
- Full basement with a separate front entrance
Local Financial Insights For Apartment 5plus
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 | $235.9k | $50.40 |
| − Vacancy | −$9.0k | −$1.92 |
| EGI | $226.9k | $48.48 |
| − OpEx | −$102.1k | −$21.82 |
| NOI | $124.8k | $26.67 |
