472 57th Street Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Features for 472 57th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 6, Bedroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,680 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8085
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent ChiNuan (Chris) Liang (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Jun 25, 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 property is located at 472 57th Street in Brooklyn’s Sunset Park area (11220). The listing notes convenient access to the 5th Avenue commercial corridor, with nearby restaurants, shopping, and everyday amenities, along with public transportation options including the R train, multiple bus lines, schools, and parks.
Zoned R6B, the property is positioned for owners and investors seeking flexibility in how they use and operate the asset. It may appeal to tenants, owner-occupants looking to offset expenses with rental income, or buyers evaluating longer-hold strategies tied to residential income and the potential for commercial conversion or mixed-use redevelopment, subject to applicable requirements.
Key Highlights
- 3‑family brick property with three stories above grade plus a fully finished basement
- R6B zoning district—provides flexibility for future commercial conversion or mixed‑use redevelopment
- Year built 1910 with flat roof
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 | $163.4k | $44.40 |
| − Vacancy | −$6.9k | −$1.86 |
| EGI | $156.5k | $42.54 |
| − OpEx | −$47.0k | −$12.76 |
| NOI | $109.6k | $29.77 |
