Two-Family Duplex with
860 57th Street, Brooklyn, NY 11220
For Sale
New
$2,399,000
Residential, Brooklyn, NY
Property Size2,750 SF
Lot Size0.09 Acres
Price / SF$872.36
Days on Market2
Property Features for 860 57th Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
front porch
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Momentum Real Estate LLC
Listed By:
Mandy Y. Shi · License NY MYS6404
(718) 382-0001
Added: Nov 9
Last Checked: Nov 10 at 2:06AM
MLS# 505936
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.
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Investment Insights
Based on property information with market context.
This 1960 brick duplex contains two residential units, each with four bedrooms, and offers approximately 2,750 square feet of living space. The property sits on an approximately 3,990-square-foot lot, with a private driveway and indoor garage space for 5+ cars. A front porch extends the first-floor living room outdoors; interior finishes include hardwood and tile flooring, and a laundry area is present.
The property is in Brooklyn’s Sunset Park area, near shopping, restaurants, transportation, and neighborhood services. It is zoned R6.
The property is in Brooklyn’s Sunset Park area, near shopping, restaurants, transportation, and neighborhood services. It is zoned R6.
Key Highlights
- Two units, each with 4 bedrooms
- Approximately 2,750 square feet of living space on a 0.0916‑acre lot
- Private driveway and indoor garage accommodating 5+ cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,880
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,637,600
$1.6M
Cap Rate 7%
$1,169,714
$1.2M
Cap Rate 9%
$909,778
$909.8K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$122.1K $44.40/SF
− Vacancy
−$5.1K −$1.86/SF
EGI
$117.0K $42.54/SF
− OpEx
−$35.1K −$12.76/SF
NOI
$81.9K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,637,600
Cap Rate 7%
$1,169,714
Cap Rate 9%
$909,778
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,880 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,793 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,482
Businesses Nearby
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Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each of the two residences has four bedrooms, with R6 zoning and a front porch also part of the property.
Where is this duplex located?
The property is located at 860 57th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Two units, each with 4 bedrooms; Approximately 2,750 square feet of living space on a 0.0916‑acre lot; Private driveway and indoor garage accommodating 5+ cars
