161 E 56th Street, Brooklyn, NY 11203
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 30, 2026
- Days on Market:
- 71
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 161 E 56th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7
- Parking features
- Garage - Detached
- Basement
- Finished
- Standard status
- Active
- Size
- 2,560 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6700
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Marble
- Building materials
- Brick
- Roof type
- Flat
Listing agent Po M Liu License #LIUPO10 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date Apr 30, 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
- Semi‑detached 2‑family brick home with a 20x66 building size on a 28x100 lot
- Gut renovated interior with soaring ceilings and recessed lighting
- Flooring includes hardwood and marble
- Unit layout: 4 bedrooms over 3 bedrooms, with 2 baths on each level
- Updated wiring with an electric panel box in each apartment
- Semi‑finished basement plus private driveway and detached garage; flat roof
Overview
The building sits on a 28x100 lot with a building footprint of approximately 20x66, and includes a private driveway and a detached garage. The home is located at 161 E 56th Street in Brooklyn, New York 11203, within an R5 zoning designation.
For buyers or operators seeking a renovated Brooklyn income property, the unit-by-unit electrical setup and full, self-contained apartment layouts on separate levels support independent day-to-day living. The semi-finished basement provides an additional area that may help broaden how the space is used within the overall residence.
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 | $130.6k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $128.1k | $50.03 |
| − OpEx | −$38.4k | −$15.01 |
| NOI | $89.7k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.92438
- Latitude
- 40.653046
