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Property profile

714-716 56th St Brooklyn, NY 11220

OFF-MARKET
Apartment buildings
Property ID
US63-1201207
10,280 SF 0.09 ac lot Built 1911
Entity Owned 1-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1911
Total area 10,280 SF
Lot 0.09 ac (4,007 SF)
Zoning code R6B
APN 00842-0012
UPID US63-1201207

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$340k

Owner & transaction history

since 2024
Last sale
$1.9M
4 recorded transactions
2024
$1.9M
2019
Price N/A
2014
Price N/A
1969
Price N/A

Zoning & alternative use

R6B · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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