Attention property investors—this is a rare opportunity you don’t want to miss. This newly constructed 7-story residential building features 12 units (2 units per floor) and is not subject to rent control, offering maximum income flexibility and long-term upside. Each floor consists of: • Front unit: 1-bedroom • Rear unit: 2-bedroom The property spans approximately 9,000 square feet and is built with concrete and steel construction, ensuring durability, superior soundproofing, and minimal maintenance costs. Financial Highlights: • Current Net Operating Income (NOI): $349,906 annually • Cap Rate: 6.6% • Additional upside: Potential T-Mobile rooftop lease for antenna installation, projected to generate an extra $50,000 annually Key Features: • Tenants pay all utilities, including heat and hot water • Low operating expenses • Strong, stable income stream with additional upside Location: Situated in an excellent, high-demand area, just minutes to Manhattan via the N train, and adjacent to Park Slope, one of Brooklyn’s most desirable
For sale
$5,300,000
413 57th St, Brooklyn, NY 11220
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Superior soundproofing
- 100 days |
- 137 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tiger Realty 917-708-9966,
Franklin Shan 917-292-1688
Source: BNYMLS,MLS#: 500117
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Natural Gas, Baseboard
Cooling
- A/C Unit, Central Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Cellar,Finished,Full
Property
Parking
- Total spaces: 4
- Parking features: Shared Drive, 4 Spaces
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Access
Lot
- Size: 2,000 Square Feet
- Dimensions: 20x100
- Features: Back Yard
Details
- Parcel number: 008390071
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Block
- Foundation: Block, Concrete Perimeter
- Roof: Flat
Utilities & green energy
- Electric: 110 V, 200 Amp
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,901,000
- Annual tax amount: $2,400
- Date on market: 3/31/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,561/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $5,300,000+1.9% |
Source:  BNYMLS #500117 Report a problem | ||
| 12/4/2025 | Listing removed | $5,200,000 |
Source: BNYMLS #487903 Report a problem | ||
| 3/1/2025 | Price change | $5,200,000-5.5% |
Source: BNYMLS #487903 Report a problem | ||
| 12/7/2024 | Listed for sale | $5,500,000+4.8% |
Source: BNYMLS #487903 Report a problem | ||
| 10/2/2022 | Listing removed | -- |
Source:  OneKey® MLS as distributed by MLS GRID #3384127 Report a problem | ||
| 5/29/2022 | Price change | $5,250,000-4.5% |
Source: OneKey® MLS as distributed by MLS GRID #3384127 Report a problem | ||
| 3/17/2022 | Listed for sale | $5,500,000 |
Source: OneKey® MLS as distributed by MLS GRID #3384127 Report a problem | ||
| 12/11/2017 | Listing removed | $5,500,000 |
Source: Momentum Real Estate LLC Report a problem | ||
| 8/15/2017 | Price change | $5,500,000+0.2% |
Source: Momentum Real Estate LLC Report a problem | ||
| 7/26/2017 | Listed for sale | $5,490,000+83% |
Source: Momentum Real Estate LLC Report a problem | ||
| 1/13/2016 | Sold | $3,000,000+242.9% |
Source: Public Record Report a problem | ||
| 1/29/2015 | Sold | $875,000+6.7% |
Source: Public Record Report a problem | ||
| 10/26/2011 | Listing removed | $820,000 |
Source: Coldwell Banker Reliable Report a problem | ||
| 11/6/2010 | Listed for sale | $820,000+81.4% |
Source: Coldwell Banker Reliable Report a problem | ||
| 1/31/2006 | Sold | $452,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $89,762 +8% | $855,450 +12.1% |
| 2024 | $83,089 | $763,200 -0.1% |
| 2023 | -- | $763,650 +16.6% |
| 2022 | -- | $654,750 +14.7% |
| 2021 | -- | $571,050 +168.9% |
| 2020 | $2,492 +33.8% | $212,400 +5.4% |
| 2019 | $1,862 -84.3% | $201,600 +4.9% |
| 2018 | $11,885 +49.7% | $192,150 +6.8% |
| 2017 | $7,938 +101% | $180,000 +791.9% |
| 2016 | $3,949 | $20,182 +0% |
| 2015 | $3,949 +62.4% | $20,178 +1% |
| 2014 | $2,432 | $19,980 +5.9% |
| 2013 | -- | $18,860 +5.9% |
| 2012 | -- | $17,815 +5.9% |
| 2011 | -- | $16,819 +0% |
| 2010 | -- | $16,815 +1% |
| 2009 | -- | $16,650 +5.9% |
| 2008 | -- | $15,717 +5.9% |
| 2007 | -- | $14,846 +5.9% |
| 2006 | -- | $14,016 +0% |
| 2005 | -- | $14,013 +1% |
| 2004 | -- | $13,875 +5.9% |
| 2003 | -- | $13,098 +5.9% |
| 2002 | -- | $12,372 +5.9% |
| 2001 | -- | $11,680 +0% |
| 2000 | -- | $11,678 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 6/10Ps 503 The School Of DiscoveryGrades: K-5Distance: 0.2 mi
- 7/10Jhs 220 John J PershingGrades: 6-8Distance: 0.8 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other New York Topics
