715 55th Street, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
- Added:
- Nov 7, 2021
- Days on Market:
- 1704
- Last Refresh:
- Jul 7 at 8:06 pm
Property Features for 715 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 12
- Bathrooms
- 7
- Rooms
- Bedroom 12, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 7, Bathroom 7, Bedroom 4, Bedroom 10, Bedroom 11, Bedroom 9, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 2, Bathroom 6, Bedroom 8, Bedroom 5, Bathroom 4, Bedroom 1
- Interior features
- A/C Unit - Window, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 4,719 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14132
Building Details
- Year built
- 1915
- 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 Nov 7, 2021
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
- Six‑family building built in 1915
- Brick construction with flat roof
- Building measures 23 x 79' on a 23 x 100' lot
- Interior features include window A/C units and appliances such as a refrigerator and stove
- Tile and hardwood flooring
- Zoning R6B; described as potentially approvable for 2 commercial units and 4 residential families
Overview
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 | $237.8k | $50.40 |
| − Vacancy | −$9.0k | −$1.92 |
| EGI | $228.8k | $48.48 |
| − OpEx | −$103.0k | −$21.82 |
| NOI | $125.8k | $26.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.008189
- Latitude
- 40.639587
