607 E 53rd Street Brooklyn, NY 11203
MULTI_FAMILY - Brooklyn, NY
Property Features for 607 E 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3
- Parking features
- Garage - Attached
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,836 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6557
Building Details
- Year built
- 1945
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Ricardo Cox (718) 345-4545
Listing office Exit All Seasons Realty 8911 Glenwood Rd, Brooklyn, NY (718) 345-4545
Listing date Jul 13, 2026
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Investment Insights
Based on property information with market context.
Located in East Flatbush at 607 E 53rd Street, the property sits between Kings Hwy and Utica Avenue. Zoning is listed as R4.
The offering is presented as a rehab opportunity for investors or owner-occupants, with the existing unit mix and garage supporting a straightforward residential income configuration.
Key Highlights
- Brick three‑unit property in East Flatbush with multiple rental or owner‑occupant options
- Top floor features a 2‑bedroom apartment
- First floor and lower level each feature a 1‑bedroom apartment
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 | $160.6k | $56.64 |
| − Vacancy | −$3.2k | −$1.13 |
| EGI | $157.4k | $55.51 |
| − OpEx | −$70.8k | −$24.98 |
| NOI | $86.6k | $30.53 |
